Yes, Sevi might share customer’s loan information with CRB, for a limited credit search. When a loan is applied for, the borrower agrees with the privacy policy and terms and conditions of Sevi, which state:

“In connection with this application and/or maintaining a credit facility through Sevi, the Borrower authorizes Sevi to carry out credit checks with or obtain credit information from, a credit reference bureau. In the event of the account going into default, the Borrower consents to its name, transaction and default details being forwarded to a credit reference bureau for listing. The Borrower acknowledges that this information may be used by banking institutions and other credit grantors in assessing applications for credit by the Borrower, associated companies, and supplementary account holders and for occasional debt tracing and fraud prevention purposes.”

Pay in Instalments smartphone app and fund to enable companies to sell on credit and grow their business.

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