Becoming a borrower on Flender is easy and only takes a few minutes to get set up. Just sign up for an account and follow the steps below to get started.
This guide will show you step-by-step how to raise money on Flender and covers:
If you have any other questions about Flender please visit our FAQ page to find out more.
When you sign in you'll see your dashboard. At the top you'll see the steps you'll need to complete before creating a campaign. Just follow the instructions and you'll be set up in no time.
To verifiy your ID you just need to upload a couple of things. The easiest way to do this is to take photos of the required items and submit them through our app. Items you need are:
And if you are a business...
Our compliance team will check your documents and will let you know by email once verified so you can create and publish your first campaign.
Your campaign is a page that lenders see that describes what your loan is for. Use our campaign wizard to create an attractive campaign for potential lenders. just go through the 5 steps and make sure to read the helpful tips to get the most out of Flender.
You can preview your campaign at any time to see how it will look to lenders.
Your campaign preview is completely private until you click publish.
Make it as attractive as possible to help motivate people to lend.
Once your campaign has been published you need to invite people to invest. Your campaign is private so only people you invite or share with will see it and be able to lend you money.
(Note: We'll soon be adding the option to make your campaigns public which will display them in a public marketplace so anyone can find and invest in your campaign).
You can share a personalised link (e.g. on your social networks) or invite individuals by email. The more people you share with the quicker you'll reach your funding total.
There are two places to invite lenders. You can invite when you are signed in from the app; Just look for the green button...
You can also invite lenders from the live campaign...
Once you have raised the money you wanted you can then proceed with your loan and it will be transfered to your bank account.
You can procceed with your loan at any time and withdraw the money you have raised so far. You dont need to wait until you have reached your funding total.
You can keep up-to-date on your repayments from the Campaigns page of the Flender app.