A line of credit is a revolving credit line that can be drawn down on at anytime. By partnering with Onbo, you can own the loan application and servicing UX, while Onbo acts as the True Lender and Servicer under the hood.

How it works

Origination: you collect information about the applicant while leveraging our licenses to originate the loan

Underwriting: deploy your own underwriting model, or we can help you get started. we automate credit pull, KYC/KYB and GIACT via our API for seamless integration

Disbursement: Onbo disburses funds on demand via our Draw API

Servicing: you own the payment setup UX. Just use our Repayments API to initiate repayments on the line of credit

Reporting: we can report to all three bureaus on your behalf

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