sou sou lending circle account
Discover how financial institutions are using Sou Sou to cultivate low cost deposits and credit-ready borrowers in secure and cost efficient way.
deepen customer relationships
Lending circles can help find, recruit, cultivate & retain new customers who want an alternative financing solution that helps them build strong credit while they save towards a financial goal with peers.
attract low cost deposits
The platform integrates seamlessly into any banks' saving account product. It allows customers to create, customize & manage lending circles in a safe, secure and cost-efficient way.
offer SMALL DOLLAR LOANS
Lending circles are a great way to offer alternative financing solutions, offer small dollar loans and assess credit-readiness in a secure, cost-efficient way.
up-sell financial products
Our proprietary algorithm matches customers to relevant bank products and services (e.g. loans, retirement plans, CDs, etc.) based upon eligibility and credit-readiness.
My lending circle helped me to fund a personal goal that I never had the willpower to save towards.
I started a lending circle to help me build my credit score, which jumped 100 points!
Purchasing a home was a top priority for me. I joined a lending with family and friends to help me save towards a downpayment on a house.
Frequently Asked Questions
Lending circles are groups of people who come together to save and lend money to each other. Participating in a lending circle also helps individuals improve their credit scores and learn more about managing their money.
The process is simple. We build it. You customize it. Market your lending circle account to new and existing customers. Our team of social banking experts services the account for you. Invest Sou Sou will recruit customers to join. Our proprietary algorithm creates unique credit risk profiles to better inform bank lending decisions.
Customers. Lending circles operate like community loan funds, with members paying-in and cashing-out until everyone has a chance to withdraw funds.
Request a demo to learn more about our proprietary social banking platform Invest Sou Sou can help your loan officers close deals faster and more efficiently with Invest Sou Sou.