Actors SCD/CCB Operation

Actors Involved in the SCD/CCB Operation

The credit operation via SCD/CCB of EasyCredito has been designed to connect different participants of the financial ecosystem. Understanding the role of each actor is crucial for the proper implementation and use of the API.

EasyCredito

EasyCredito is the provider of the technological and regulatory infrastructure for the formalization of credit operations. Operating as a Direct Credit Society (SCD), our role is to ensure that the entire process complies with the regulations of the Central Bank, offering the platform for the issuance and registration of Bank Credit Notes (CCB).

Company BU

The Company is the institution that contracts the EasyCredito solution to originate and operationalize its own credit operations. The customer profile is varied and can include:

• Credit-originating fintechs.
• Retail chains (department stores, car dealerships) offering point-of-sale financing.
• Investment Funds (FIDCs) or Securitizers that directly engage in origination.

The Company is the main consumer of the API, responsible for configuring its credit products (defining rates and rules) and managing users who will have access to operate the platform.

The Company User is the operator, typically an employee of the client company, who directly interacts with EasyCredito's API to carry out day-to-day operations.

Once registered by the EasyCredito team, this user receives their access credentials (client_id and client_secret) via email.

With these credentials, they can authenticate in the API to perform all steps of the credit journey, such as simulating proposals, registering borrowers, generating CCBs, and requesting the disbursement of funds.

Borrower (End Customer)

The Borrower is the individual or legal entity at the end of the process, requesting the loan or financing. The borrower will be the final beneficiary of the credit operation.

Their journey is entirely orchestrated by the Company via the API, involving the following steps:

• Simulating to view the amounts and conditions of the credit.
• Having their registration created or updated on the platform.
• Submitting their documents for analysis and validation (KYC process).
• Formalizing the operation through the generated CCB.
• Receiving the credit amount in their bank account after approval and disbursement.

FIDC or Securitizer

The FIDC (Receivables Investment Fund) or the Securitizer is the entity that, in many business arrangements, acts as the financer of the operation, purchasing the receivables rights (the generated CCBs) to profit from its portfolio.

The role of the FIDC can vary depending on the business model:

• Direct Client: The FIDC itself can be the "Company" that contracts EasyCredito's API to formalize the operations it originates.
• Originator's Partner: A company (such as a retailer) can act as the credit originator and have a partner FIDC that buys these securities. The decision on which entity will be the direct client of the API depends on the business arrangement between them.
• Regardless of the arrangement, it is the capital of the FIDC or Securitizer that usually funds the "pool account," from which the resources are disbursed to the Borrower.