How do I make loan payments?

Prior to having its loan request listed, the Borrower is required to complete a pre-authorized debit agreement that instructs our bank to withdraw the scheduled payment amounts from the business' specified bank account on a monthly basis. The account that the bank withdraws funds from will be the same account into which the loan funds were deposited. 

As the Borrower, all payments are made directly back to Loop Funding Inc. Loop Funding Inc. receives the funds and holds them in trust until they are proportionally distributed to the appropriate parties as required.

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