Create a custom, legal friends and family loan agreement in just a few simple steps with Loanable. Loanable guides you during each step of the process and even provides a loan calculator to help inform your agreement's terms.
Loanable takes the awkward out of asking friends and family for money, by formalizing the process and enabling you to make smaller, specific requests from a group of supporters (i.e. Would you be willing to loan $500 with 25 other people, so that I can refinance my student debt?).
Repayment is important to us and we've made it as easy as possible to pay your loans back on time with auto-draft payments between your friends and family. Loanable takes the stress out of paying back and getting paid back.