When you accept Defacto's the terms and conditions via Qonto's Financing module, it allows us to integrate your data into a dedicated algorithm, in accordance with data protection rules.
Thanks to your Qonto and public financial data, our algorithm generates a maximum credit limit for you in a matter of seconds.
As soon as a loan is repaid, it automatically updates the credit line and your financing capacity.
It is an initial credit line that evolves dynamically according to our history (credit line usage, repayment, increase in needs and income, etc.)
To refine your financing capacity, find out more here.