What are B2B2C Loans?

Preczn supports the storage, referencing, and execution of transactions involving B2B2C loans for merchants. The primary use case involves originating a loan for a merchant’s customer, which is then drawn down to pay the merchant. For example, a loan might be issued to a homeowner by a lending partner, which is subsequently used to pay a merchant for completing home renovation projects.

Loan Capabilities

In the subsequent articles, we explore how Preczn can facilitate various loan-related tasks, including:

1. Tokenizing Loan Data: This includes automated token creation during the application process.
2. Retrieving and Sharing Loan Status and Data: Managing the loan status and data throughout the loan’s lifetime.
3. Executing Transactions with the Loan: Enabling transactions to be performed using the loan.
4. Returning Loan Fees with Approved Transactions: Handling the return of loan fees once transactions are approved.