What is Onbo?
Onbo is a Credit as a Service solution that allows fintechs to start offering their own credit solutions without the hassle of working with a traditional bank sponsor.
Packaging all the states
Lending licenses, compliance infrastructure, risk models, and even debt capital assets
Up and running in weeks
Rather than the typical 6-9 month time to enable a credit product
Credit in a box
We take care of the underwriting, servicing, and payments related to credit.
for everything credit
Most other “Credit as a Service” or “Lending as a Service” solutions provide just 1 or 2 of the components that Onbo offers. In order to extend credit in the United States today, you need a combination of:
the technology, a loan management system or “LMS”
the debt capital, and oftentimes overlooked
state lending licenses
Feel free to reach out with any questions about the pricing options and more