Personal loan terms
What is the difference between a loan company and a broker?
A lender advances funds from its own book. A broker helps you find and apply to suitable providers. Brokers typically do not lend their own capital; they facilitate introductions and applications.
Borrowing money using a broker
Using a broker can widen your options. Your information may be shared with one or more lenders or providers so they can assess your application. Always review what you are asked to consent to before submitting.
Should I use a broker or a lender?
If you already have a relationship with a lender that meets your needs, applying directly may be sufficient. If you want broader market access — or have had difficulty securing facilities elsewhere — working through a broker or advisory firm can be useful.
Terms of service
ML Invest Holdings is not, in all cases, the ultimate lender of record. This website may operate as an information and introduction channel to lenders and financial providers. Applications may be presented to one or more parties until an offer is accepted or declined. Credit assessment is performed by the relevant lender or provider according to their policies.
Definitions
- Terms — these terms of service and related website policies
- Users / You / Customer — any person accessing or using this website or submitting an application
- User Information — data you provide via forms or correspondence
- Website — the ML Invest Holdings online presence and related pages
- Service — information, introductions, and application facilitation offered via this site
- Lender / Provider — a third party that may underwrite or fund a facility
Disclaimer
Content on this website is for general reference only and does not constitute professional financial, legal, or credit advice. While we aim for accuracy, ML Invest Holdings does not accept responsibility for decisions made solely on the basis of website content. Always seek independent advice where appropriate.
What are the minimum requirements for a loan?
- Valid identification
- 18 years of age or older
- Salary paid into your own account, or a joint account in your name
Additional documentation may be requested depending on the product and provider.
