Friend Lend Financial – Lending Made Fun and Simple

The Problem

Have you ever lent out money to a family member or friend? Did you ever get your money back? Odds are that you didn’t.
Certain people don’t make paying back their debts a priority.
Friendships are ruined over unpaid lent money.

A study found it ends badly almost half the time. If the borrower doesn’t repay, you can lose your money and damage an important personal relationship.

Nearly three quarters of people who borrow money from friends or family never pay the loan back in full.

Nearly half (46 percent) of adults who lent money to friends or family reported having a negative outcome. 77% of Americans believe IOUs are harmful to friendships

A study found it ends badly almost half the time. If the borrower doesn’t repay, you can lose your money and damage an important personal relationship.

Nearly three quarters of people who borrow money from friends or family never pay the loan back in full.

Nearly half (46 percent) of adults who lent money to friends or family reported having a negative outcome. 77% of Americans believe IOUs are harmful to friendships

Story of Friend Lend

One day your closest friend comes over to hang out. You guys end up going shopping and your buddy finds a limited item that he ought to have right then and there and come to find out, he forgot his wallet. He asks you,

“Hey can you pay this for me? I’ll pay you right back, I promise.”. You say sure because he’s your closest friend, you trust him, what could go wrong?

Friend lend solution

Access Convenience: No time, no place. You can access easily 24/7 anywhere.

Benefits Convenience: Connect lenders and borrowers with a passion.

The Solution

Friend Lend is an application that safely connects lenders with borrowers. This app will effortlessly allow an individual to create law-abiding digital lending contracts.

These contracts will contain correct legal verbiage that both lender and borrower must agree to. Both parties will be able to select an interest rate that they both agree upon. There will also be a required loan payback date that allows both parties to agree on a payback period for which the lender must be paid back.

User Benefits

Lenders get to keep track of how much they lend out.

Lenders have an increased level of protection when they lend out money and objects.

Lender can charge interest on the money they lend out.

Borrower can get a loan quick and easily.

Opportunity for credit improvement

Lenders get to keep track of how much they lend out.

Lenders have an increased level of protection when they lend out money and objects.

Lender can charge interest on the money they lend out.

Borrower can get a loan quick and easily.

Opportunity for credit improvement

THE SOLUTION

Now let me introduce you to one of my creations. Friend Lend is an application that safely connects lenders with borrowers. This app will effortlessly allow an individual to create law-abiding digital lending contracts.

These contracts will contain correct legal verbiage that both lender and borrower must agree to. Both parties will be able to select an interest rate that they both agree upon.