Online Loan Calculator Give your clients access to a loan calculator so they can determine how payback amounts change depending on loan terms, amounts, and frequency of payments. The software makes recommendations for the best loan product based on this data.
Custom loan application forms To modify the loan origination procedure, add custom fields to the loan application form. Collect borrower information specifying necessary fields, make document requests, and process them automatically.
Online loan applications Use pre-designed form sets to improve the conversion rate and streamline the application process. Clients may easily apply for loans via the borrower site by using their individual accounts.
Know Your Customer Utilise a picture of their ID and their personal details to identify your debtors. The KYC module protects your reputation while bolstering efforts to combat fraud and money laundering.
Open banking With permission, you may access a borrower's whole financial history via Open Banking APIs. This covers past transactions, sources of revenue, outlays, and other financial practices.
Configurable loans Easily create and oversee product campaigns. Specify the terms, interest rates, and product options for loans. Create workflows with the necessary information, supporting materials, and decision-making procedures for each offer.
Credit decisioning Utilise a picture of their ID and their personal details to identify your debtors. The KYC module protects your reputation while bolstering efforts to combat fraud and money laundering.
Reminders and notifications To remind clients of overdue payments, use message templates. Transmit push, SMS, and email notifications automatically. To maximize debt collection, communicate with debtors using the most effective method.
Credit bureau integrations Lenders can see an applicant's whole credit history through credit bureaus. This contains information about past loan histories, credit card usage, payment patterns, balances due, and other things.
Compliance Reports Detailed documentation to ensure adherence to regulatory standards and requirements.