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Lending platform

Lending Platform, this system automates the process, minimizing errors and reducing the workload for all parties involved in tasks such as reviewing applications, calculating terms, and notifying customers, etc.

Lending platform
Lending platform
PLATFORMS
Mobile app & web-based
DEVELOPMENT MODEL
N/A
TECHNOLOGIES
N/A
TEAM SIZE
5
CUSTOMER
Confidential
Clients
Financial Company want to create a Lending platform to address the challenges associated with loan application processing
Challenge
To address the challenges associated with loan application processing, which is often time-consuming and reliant on the availability of various parties involved (customers, credit specialists, appraisers, disbursement teams, treasury, etc.), implementing a loan management system is crucial. This system automates the process, minimizing errors and reducing the workload for all parties involved in tasks such as reviewing applications, calculating terms, and notifying customers, etc.
Solutions
Application module for borrowers/depositors (App borrower):
  • Register loan/deposit application
  • Receive notification of loan/deposit application results (Approved, waiting for disbursement)
  • Choose payment method (cash reception at the counter or transfer via affiliated bank)
  • Loan/deposit contract management: Receive debt reminder notices, request changes related to the contract (extension, change repayment schedule, early repayment)
  • Subsystem serving lenders (investors) (LOS)
  • Receive loan/deposit application documents, complete documents, and disburse funds to customers
  • Manager service module (LMS): Manage employees, loan registration customers, loan customers, contracts, assets…
Features
Application subsystem for borrowers/deposits (borrower App) a strict lending and management system.
Results
Sphinx managed to build a good App borrower, which satisfied both our clients and the users.

Our Portfolio

Lending platform

Lending platform

Lending Platform, this system automates the process, minimizing errors and reducing the workload for all parties involved in tasks such as reviewing applications, calculating terms, and notifying customers, etc.

PLATFORMS
Mobile app & web-based
DEVELOPMENT MODEL
N/A
TECHNOLOGIES
N/A
 
 
TEAM SIZE
5
CUSTOMER
Confidential
Clients
Financial Company want to create a Lending platform to address the challenges associated with loan application processing.
 
Challenge
To address the challenges associated with loan application processing, which is often time-consuming and reliant on the availability of various parties involved (customers, credit specialists, appraisers, disbursement teams, treasury, etc.), implementing a loan management system is crucial. This system automates the process, minimizing errors and reducing the workload for all parties involved in tasks such as reviewing applications, calculating terms, and notifying customers, etc.
Solutions
Application module for borrowers/depositors (App borrower):
  • Register loan/deposit application
  • Receive notification of loan/deposit application results (Approved, waiting for disbursement)
  • Choose payment method (cash reception at the counter or transfer via affiliated bank)
  • Loan/deposit contract management: Receive debt reminder notices, request changes related to the contract (extension, change repayment schedule, early repayment)
  • Subsystem serving lenders (investors) (LOS)
  • Receive loan/deposit application documents, complete documents, and disburse funds to customers
  • Manager service module (LMS): Manage employees, loan registration customers, loan customers, contracts, assets…
Features
Application subsystem for borrowers/deposits (borrower App) a strict lending and management system.
Results
Sphinx managed to build a good App borrower, which satisfied both our clients and the users.

Our Portfolio

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