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Why was the loan funded with a different funding method?

Last updated on:
September 30, 2026

As a lending member, you are able to see how the loan you are proposing on will be funded.

There is a possibility that the loan is funded with a different method than projected if your SoLo Wallet balance changes from (a) when you create the loan proposal to (b) when funding actually happens.

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SoLo Funds, Inc., a Certified Public Benefit Corporation, is a financial technology company, not an FDIC insured depository institution. Banking services provided by Bangor Savings Bank, Member FDIC.

The SoLo Mastercard® Debit Card is issued by Bangor Savings Bank, Member FDIC, pursuant to license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circle design is a trademark of Mastercard International Incorporated. Spend anywhere Mastercard is accepted.

Lending through SoLo involves risk, including the risk of borrower default and loss of principal. Lender returns are not guaranteed, are not insured by the FDIC or any federal agency, and are not bank deposits. Historical performance figures reflect platform-wide averages and do not predict future results. Individual results vary.

All loan requests are subject to verification, lender proposal, and the requestor's final acceptance. Tips and donations are voluntary.

© 2026 SoLo Funds Inc.