Lending
3 min
as a marketplace lending (mpl) partner with cross river you can access {{lending}} 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 process preapproval apis allow you to vaidate an application is meeting cross river requirements as part of the application flow loan funding the arix engine validates all loans and 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, you or your investors will purhcase the loans or retain it on cross river's books (flexible warehousing) loan data exchange mpl submits servicing data on a daily basis this powers cross river warehousing and long term oversight process find out more loan process new in lending