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How it works — for financiers

A financier is a regulated or unregulated institution that reviews financing opportunities matched to its own mandate and decides, independently, whether and how to fund them. Vetify never allocates capital on a financier's behalf — every decision, and every price, is the financier's own.

1. Onboarding and your mandate​

Once your institution is set up on Vetify, an institution ADMIN configures its mandate: which financing instruments you offer (Murabaha, Ijarah, Istisna, Salam), your minimum and maximum financing amount, and any sector preferences. This mandate is what drives which financing opportunities you ever see — Vetify only shows you requests that actually fit what you've told it you offer.

Your institution can also invite team members with an ADMIN or MEMBER role — ADMIN can manage the mandate, settlement bank details, and team; MEMBER can review and act on opportunities day to day.

2. Discovering matched opportunities​

Financing requests that have cleared Vetify's verification and underwriting become financing opportunities, visible only to financiers whose mandate matches. For each one you can review:

  • The business's verified profile — legal structure, ownership, KYB status.
  • Supporting documents (identity, incorporation, bank statements) — sensitive identifiers like NIN/BVN stay redacted; identity is verified against the uploaded document, not shown to you as a raw number.
  • The AI-assisted underwriting summary — findings for you to weigh, never a decision made for you.

3. Deciding and proposing terms​

You decide independently whether to proceed, decline, or propose terms on an opportunity — nothing is automatically allocated to you. When you proceed, you propose real, priced terms under whichever instrument you're offering:

  • Murabaha — your cost price and markup for the disclosed sale.
  • Ijarah — the lease structure, rent, and term, with an optional purchase path.
  • Istisna — the staged production/delivery milestones and payment schedule.
  • Salam — the forward price and delivery terms.

The business can accept your terms as proposed or counter-offer; their acceptance is what makes the contract binding.

4. Contract execution​

Once terms are agreed, the contract enforces its instrument's real lifecycle — not just a calculated schedule:

  • Murabaha / Ijarah — you record purchase and possession of the asset before a binding selling price (Murabaha) or lease (Ijarah) can exist.
  • Istisna — you disburse against staged production/delivery milestones as they're evidenced.
  • Salam — you disburse capital upfront against the seller's forward delivery obligation, confirmed at maturity.

5. Servicing and lifecycle monitoring​

For the life of an active contract, you (or Vetify staff, for oversight) record:

  • Disbursements and repayments — Vetify tracks these; it never holds or moves the funds itself.
  • Early settlement, where the instrument and your own terms support it.
  • Ijarah maintenance requests raised by the business against the leased asset.
  • Default and write-off handling, when a contract needs it.

6. Along the way​

  • Messaging — message the business directly about a specific participation.
  • Disputes — raise an issue tied to a specific participation if something's wrong; staff mediate, and can share a dispute with the business as its counterparty so both sides can see and respond to it in-app.
  • Support — for anything not tied to a specific participation (account access, billing, general questions), reach Vetify staff directly from the Support page in your dashboard.
  • Analytics & transactions — your dashboard surfaces your active funding, transaction history, and portfolio-level analytics across every instrument you offer.
  • Settlement bank details — the account your disbursements and repayments settle to; only an institution ADMIN can change it, and every change is audited.

What stays entirely yours​

Vetify never writes a financing decision, prices a contract on your behalf, or takes possession of an asset or repayment. Every credit decision, every price, and every Shariah determination about what you offer remains yours and your institution's own governance body's responsibility.