Deprecated: Creation of dynamic property Typebot_Loader::$shortcodes is deprecated in /var/www/docs.lendsqr.com/wp-content/plugins/typebot/includes/class-typebot-loader.php on line 12
What is a Disbursement Account - Lendsqr Documentation

What is a Disbursement Account

The disbursement account in within the Lendsqr admin console is where loan disbursement and loan repayment transactions occur.

When a lender signs up on Lendsqr, a disbursement account is automatically created for them and this account will handle all their disbursement and loan repayment transactions, both inflow and outflow.

For every disbursement account, there is a virtual account tied to it. This virtual account is what is funded by a lender through the virtual account number.

Was this page helpful?