Digital Lines of Credit

Greensfin offers yet another amazing line of credit which allows borrowers to access funds up to a predetermined limit. Borrowers are able to withdraw funds as needed and only pay rate on the amount borrowed. This transformative type of financing functions similarly to a traditional line of credit but eliminates the need for physical bank visits or paperwork - isn’t that something. Everything related to the line of credit, from application to management, is handled digitally which includes online application process, secure online account access, making payments and managing funds digitally. Here, credit scoring is vital in the case of lending. After giving credit line as per the above requirements it uses Shariah compliant structures flexibly.