What Borrowing Criteria are There?
When an institution has finished the on-boarding process a maximum credit limit will be agreed with MoneySwitch. This size of the credit limit will depend on the size, stability and financial strength of the institution.
Institutions can request new loans, as long as the their total loan amount (sum of all loans) does not exceed their credit limit (calculated across all available liquidity pools). All borrowing is in stablecoins.
Liquidity access is designed to be instant (as long as there is enough liquidity in the pool). Individual loans are not subject to lengthy credit checks or approvals which means borrowers can quickly access and deploy capital.
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