As a lender, having a deep understanding of your customers is essential. As such, the underwriting and kyc processes can be time consuming and expensive. Whether checking and validating Companies or simply determining whether or not a business would be eligible for a loan, it isn’t an easy process.
Our lending automation platform, LendTech, simplifies that.
LendTech is our lending automation platform consisting of a suite of custom built app that enable organisations in the lending sector to automate their KYC operations and enhance decision making and underwriting.
With our Lending Decision Engine at the heart of the platform, we enable lending organisations to automate time consuming underwriting tasks whilst aiding sales and marketing with real time data.
Open banking app gives you the ability to view the bank statements of applicants for your lending services, in real-time. This allows for a more efficient and accurate analysis for underwriting and lending, speeding up the decision making process.
A key component of any successful lending approval process is ensuring that the applicant is a perfect fit for your lending criteria. With our suite of custom apps, you choose the data points you want to access in line with your lending needs. Our apps tap into various data points and pulls information in ranging from Creditsafe business credit reports to Companies House data and more.
All the data is fed into the heart of the platform, the LendTech decision engine, allowing you to set custom criteria and trigger points every step of the way. The decision engine then generates a highly detailed and accurate eligibility report, giving you a full overview of the applicant within seconds.
The LendTech automation platform is built on a foundation of different apps that make
use of both APIs from major credit agencies, as well as custom-built services designed to
benefit any business. Tap on each module to learn more.
Our automated decision engine takes data from a number of different sources and makes accurate decisions based on your own custom criteria.
Open banking technology gives your business the ability to view the bank statements of applicants for your lending services in real time.
The Companies House app entirely automates the checking and validation process, giving you real-time, accurate data into limited companies.
Within seconds of an application being submitted, the eligibility report app gives you a score and detailed analysis of the data based on your custom criteria.
Our fully customisable application form app helps make your KYC process more efficient and feeds your customer data directly into the decision engine.
From viewing the status of your deals, to setting and amending the criteria for automated approvals and denials, our portal gives you full control.
Instead of having to scan and send their documents, our document upload platform allows customers to simply drag and drop digital files into your system.
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