Upgrade has been an industry leader in financial institution partnerships, with a long pedigree in the marketplace lending space.
We have generated $3+B in loans in the last 3 years and a significant number of our loans are purchased by banks.
Banks can partner with Upgrade to purchase any of Upgrade’s facilitated loans including personal loans, cards or auto refi loans. We also offer opportunities for Banks to receive well-diversified, low-cost deposits through a partnership with Upgrade.
Upgrade Bank Partnerships Opportunity for Banks
Attractive yielding asset for prime unsecured customers
Cross-marketing opportunities to customers
Custom credit criteria
Nationwide or in geo-targeted footprint
Upgrade can sweep customer deposits to loan buying partners to provide an attractive low cost of funds
Easy integration and comprehensive diligence materials, average onboarding timeline ~35 days
Buy what you want, when you want it and stop at any time.
Purchases available via participations or whole loans