All Collections
DaaS (Debt-as-a-Service)
Payments
How to make a payment on a Debt line?
How to make a payment on a Debt line?
Marcela Lobos avatar
Written by Marcela Lobos
Updated over a week ago

You can pay interest or pay down principal on your Sivo Debt line using the interface on the Sivo platform or by using our APIs or Zapier. Automated draws and payments enable Originators to better control their cost of capital so make use of them if you can!

Steps using the Sivo platform

  1. Login to your Sivo account

2. View your debt line

3. Click the Deposit button

4. Select “Deposit principal balance”

5. Use the provided banking information to send your interest or principal payment from your bank account to your Sivo debt line

Did this answer your question?