namma.co
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Product & Pricing As LenderAs Borrower ResourcesSign UpSign in PEER TO PEER LENDING BETWEEN FAMILY AND FRIENDS MANAGED. LENDING TO FAMILY? BORROWING FROM A FRIEND? LET NAMMA MANAGE THE PROCESS FOR YOU. Get Started $5 Million+ Dollars contracted in loans by our customers with their friends & family 310+ Loans contracts executed through Namma 48 Domestic US states serviced by Namma What our users are saying: * "I used Namma to formally borrow for a mortgage down payment. Didn't want to loose the house." SS, Borrower from Florida * "...An option to ask & give help with dignity and with a repayment plan in place" -M, Lender from Texas * "From the couple alternatives I looked at, Namma is by far the best experience so far with versatility to meet our needs" DL, Lender from Oregon * "I used Namma to formally borrow for a mortgage down payment. Didn't want to loose the house." SS, Borrower from Florida * "...An option to ask & give help with dignity and with a repayment plan in place" -M, Lender from Texas As Borrower Customize your loan By defining your terms (e.g. interest and payback schedule), you are in control of your financial destiny. Ask without awkwardness Ask them with a fully drawn out promise to sign and commit. Fastest, cheapest way to get a loan Gain access to capital quickly, without a long arduous bank application process and the involved application fees. Put your social credibility to work. As Lender Formalize before lending Having your transaction formalized with e-signatures on a loan agreement, gives you protection and peace of mind. Benefit Financially Customize your interest, payback terms to lend on your own terms. Use management to keep things on track We will send reminders, generate a payment schedule and let you both record payments. Product & Pricing We are supported by: HOW DO WE MAKE PEER TO PEER LENDING BETWEEN FAMILY AND FRIENDS WORK? Draft a loan request and send to the other party Set terms (e.g. amount, duration, interest, payback dates, etc.) Both can also customize and add any additional clauses to the contract. Sign on a generated contract E-Sign after both contributing to changes. Access and download executed agreements at any time Add on management services Receive monthly reminders on due dates & report payments with notes Make your payments offline, based on our amortized schedule Share the wealth Sharing Namma with family/friends is a good idea! The more people that know about Namma. the better. Share on Example Uses for Namma * * * Loan for purchasing a car of paying off an expensive auto loan Loan to move or relocate for work Loan for purchase of a home or for investment properties * Loan for education or student loan payoff Loan to start a Business or for working business capital Loan for purchase of a home or for investment properties * Loan for purchasing a car of paying off an expensive auto loan Loan to move or relocate for work Loan for purchase of a home or for investment properties * Loan for education or student loan payoff Loan to start a Business or for working business capital Loan for purchase of a home or for investment properties Access capital within your network with dignity and promise. Get started Namma's vision is to make lending and borrowing between family and friends easy and less awkward. By providing with the tools to formalize, legalize and track these monetary exchanges, borrowing can happen more frequently and everyone can feel more supported throughout the process. Company * Product & Pricing * FAQ * Policies * About Community * Learn * Contact Support Follow on Follow on Namma® is a registered trademark of Saveraa Inc. DBA Namma. ©2019-2023 Saveraa Inc. All rights reserved.