The smart way to Borrow Money

Mixing money and relationships can be awkward, but with LoanFriends, you can easily keep track of all the money you lend or borrow, eliminating hassles and discomfort.

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Benefits

Your good should not hurt you - We agree

We believe kindness shouldn’t come at a painful cost. That’s why we designed solutions to protect your interest

Set Reminders

Never forget a due date with automated loan reminders.

Adjust Loan Requests

Automated Repayment Debits

Earn extra Income on each Loan

Loan up to 50 friends at a go

Create a personalised loan link

Forfeit Loan

Solutions for easy borrowing and lending with friends

At Sycamore, we understand each customer has unique needs. That's why we offer services to provide the solutions you need, when you need them.

For Lenders

Help out your loved ones financially without soiling the relationship. Give loans with increased confidence that you’ll get your money back.

LoanFriends helps you keep your borrowers accountable. What’s more? You have the flexibility to enforce the account your money is received into.

Loan a Friend

For Borrowers

LoanFriends removes the awkwardness of asking your friends or family for loans. Borrowing from friends and family can be a great option for financial assistance. However, it's important to manage these loans responsibly.

Get all the tools you need to turn a painful experience into a delightful one.

Receive the loan directly in your bank account or your Sycamore wallet.

Borrow Money

How it works

How to Loan a Friend in 6 Easy Steps

Easily manage loans with friends, offering flexible terms and secure repayment options. Designed for trust and convenience, LoanFriends is your go-to tool for seamless peer-to-peer lending.

01

Go to LoanFriends and click on Give Loan

02

Select if you’d like to Loan a friend or a group of friends

03

Enter the terms of the loan like the amount, duration, repayment frequency, account number

04

Generate a loan link to share with your friend or search for them with their tag or phone number

05

Choose your preferred repayment method to help you get your money back

06

Fund the loan from your Sycamore wallet or saved bank card

Choose Loan Friends when lending to or borrowing from friends.

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