A Loan represents a credit line extended to a borrower. Loans are the central financing object and define how much liquidity can be accessed, on what terms, and under what repayment schedule.
  • Key Attributes:
    • Loan amount / credit limit
    • Tenor (e.g., daily, weekly cycle)
    • Interest or fees
    • Status: pending, approved, active, paid, defaulted
Borrowers cannot access funds until a loan is created and approved.