Liquidium has introduced three-day loans across all Robinhood collections, giving lenders a shorter lending option alongside the existing seven and 14-day periods.
The change follows feedback from lenders who found that seven to 14-day loan periods could be too long for some lending situations.
The new three-day option is now available across all Robinhood collections on the platform, according to Liquidium.
The shorter duration gives lenders another choice when deciding how long to provide liquidity, while borrowers can access loans with a shorter repayment period.
Liquidium said the update was made in response to user feedback and is aimed at improving the lending experience.
The company has not provided further details on changes to loan terms or other conditions alongside the new three-day option.
The feature is now live across all Robinhood collections.
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