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What type of contracts are generated and when?
Morgan avatar
Written by Morgan
Updated over a week ago

There are two types of contracts that we have with the borrowers:

  • General Terms and Conditions of Sale: this is provided once the borrower accepts our T&Cs

  • Loan agreement: for every loan request validated, we generate the loan agreement.

If borrowers need to provide proof of usage of Defacto to an accountant or CFO, they can send the loan agreements, which can be downloaded from the dashboard within the detail of each loan.

See more on T&C related topics:

Our General Terms and Conditions of Sale and our loan agreements are contracts governed by French law and granted in response to loan requests (principle of reverse solicitation).

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