Lending

as a marketplace lending (mpl) partner with cross river you can access {{arix}} functions via an extensive list of api calls loans are funded after the review and fulfillment of documentation and compliance requirements what cross river offers loan funding the arix funding engine allows you the flexibility to control how the loan is funded you can enter instructions and control the rails, and the order in which to attempt to fund over those rails you can also elect to fund different parts of the loan over different rails, and supply fallback options if rails fail loan seasoning, sale or retention after funding, every loan enters a seasoning period post seasoning, a decision is made to either sell the loan back to the mpl or retain it on cross river bank's books loan data exchange mpl submits servicing data on a daily basis this is required for loans held by cross river and optionally for those sold back find out more loan process new in lending