Carilend: Revolutionizing Borrowing and Lending in the Caribbean
Carilend is a FinTech company that has significantly transformed the borrowing and lending landscape in the Caribbean, offering a fully online lending service. The company’s journey began with the successful launch of a Peer to Peer Lending platform in Barbados , a model that has gained immense popularity globally and has grown into a billion-dollar industry in the U.K., U.S., and Canada. Peer to Peer Lending connects individuals who want to lend money with those who need to borrow it, all within a secure and efficient online marketplace. Carilend, headquartered in Barbados, stands as the first of its kind in the region, introducing a new way of facilitating financial transactions in the Caribbean.
Founded in 2015, Carilend emerged from the collaboration of two industry veterans—Mark Linehan from the telecommunications sector and Mark Young from the banking sector. Mark Young, who now serves as the CEO, brings with him 25 years of experience as a senior regional executive with Barclays and CIBC in the Caribbean. His leadership has been instrumental in shaping Carilend's mission to provide Caribbean consumers with superior options, outstanding customer experiences, and highly efficient financial processes.
The vision behind Carilend was to enhance the Caribbean’s investment and borrowing landscape by offering great service, personalized pricing, and more choices to consumers. Whether people are looking to invest their money for growth or seeking funds to achieve their personal goals and dreams, Carilend aims to deliver an exceptional experience that meets the needs of every individual.
Carilend’s founders sought inspiration globally, looking for the most respected and technologically advanced methods to transform the financial experience in the Caribbean. They were particularly impressed by the rapid growth and positive customer feedback surrounding Peer to Peer lending worldwide. After analyzing various models, they decided to base their operations on the principles and processes established in the UK, which are widely regarded as the most well-run and admired in the industry.
Today, Carilend is bringing this level of customer convenience, choice, and competitive pricing to the Caribbean, offering a fresh and forward-thinking approach to borrowing and lending in the region.
What Carilend Does
Carilend has transformed the borrowing experience in the Caribbean by making it simple, fast, and adaptable. The company has streamlined the loan application process into a few easy steps, all of which can be completed online. Borrowers can submit their information and supporting documents securely in just a matter of minutes.
Once everything is submitted and verified, Carilend provides a response within one business day, and the funds are transferred to the borrower’s account within a few days. The terms offered are transparent and designed to be fair for everyone involved. Carilend clearly outlines all costs, terms, and monthly payments, ensuring there are no hidden surprises. Flexibility is key, and borrowers have the option to repay their loans early at any time with just a few clicks.
Carilend's online application process is quick and convenient , suitable for a variety of financial needs. Whether you’re looking to finance a personal project, consolidate debt, or cover unexpected expenses, Carilend offers a straightforward solution. The ease of use and rapid turnaround time make it an attractive option for borrowers across the Caribbean. To learn more about the process or to start your application, you can visit their website and get started right away.
How the Process Works at Carilend
Carilend has designed a borrowing process that is straightforward, efficient, and quick, making it easier than ever for Caribbean consumers to access the funds they need. Here’s how it works:
Choose Your Amount
Start by selecting the amount you wish to borrow. This step takes just a few seconds, allowing you to quickly determine the loan amount that best suits your needs.Fill Out Your Application
Once you've chosen your loan amount, the next step is to complete your application. This is a simple process that can be done online in just a few minutes. You'll need to provide your personal information and any necessary supporting documents, all of which can be securely submitted through Carilend's platform.Get Your Approval
After submitting your application, Carilend moves quickly to review and approve it. In most cases, you'll receive an approval decision within hours, giving you peace of mind and the ability to plan your finances without delay.Get Your Money
Once approved, your funds will be deposited directly into your account. This typically happens within a few days, ensuring you have the money you need when you need it.
Carilend’s streamlined process is designed to be as quick and hassle-free as possible, making it a go-to option for those seeking a fast and flexible loan solution in the Caribbean.
Contact Information
Phone: (876) 618 8865
Office Address: 9th Floor, 60 Knutsford Boulevard, Kingston, Jamaica
Email: infojam@carilend.com
Facebook: Carilend Barbados on Facebook
LinkedIn: Carilend Ltd. on LinkedI n
Are you a Carilend client? Tell us about your experience!