Flexible instalments
Flexible instalment is an instalment payment model that offers additional flexibility to lenders. With flexible instalments, lenders can choose the length of the total period as well as the number of instalments they wish to provide within certain predefined limits. The conditions are defined in the payment terms set in Sileon’s Portal when creating the BNPL product. This option allows lenders to tailor their payment schedule according to their business and market needs, giving their end users more flexibility and control over their budget.