LoanGarage is a web and mobile marketplace for unsecured personal loans and credit. It empowers consumers to obtain personal loans at the best rates and from the most reliable and reputable lenders in the market. We aggregate the supply and demand in a common marketplace accessible by web and by mobile (iOS, Android, Symbian and Blackberry). LoanGarage is the booking.com or kayak.com for personal loans.
LoanGarage is an end-to-end lead generation web application for the banks and microfinance institutions and a complete simplified application process for the borrowers. LoanGarage.com’s patent pending business process matches borrowers to participating professional lenders/banks for a personal loan or microcredit that is favourable for all. For borrowers, LoanGarage simplifies the borrowing process, making it safer, easier and quicker to obtain loans. LoanGarage only lists reputable lenders ensuring trust and reliability. When a borrower makes an application at LoanGarage, our system matches him or her with the best loan options available in the market with transparent interest rates listed by lenders. The choice ultimately lies with the borrower. For lenders, this means a whole new world of available customers.
Putting our platform on the mobile platform will allow reach to the unbanked masses in the emerging markets.