Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What steps does FORGE take to assure loan repayment?

April 26, 2017forge loan repayment steps

0

Posted

What steps does FORGE take to assure loan repayment?

1 Answer

0

Posted

FORGE is proactive in monitoring each loan and in assisting borrowers with management and/or operational issues. In addition, FORGE maintains a loan loss fund in the event of a business failure. FORGE loan failure rate averages between 2-3% annually.