Streamline Retail Loan Workflow with MicroMac’s Loan Origination System
Welcome to a new paradigm in retail lending. MicroMac’s Loan Origination System, LendFacile is a cutting-edge solution designed to transform the loan application and approval process, enabling financial institutions to deliver seamless and efficient lending experiences.
Key Benefits:
- Accelerated Loan Processing: Speed up the loan origination process, from application to approval, reducing time-to-funding and enhancing customer satisfaction.
- Improved Customer Experience: Enhance the borrower experience with a seamless and user-friendly application process, accessible through multiple channels.
- Risk Mitigation: Mitigate risks with robust credit scoring and risk assessment tools, ensuring sound lending decisions and portfolio management.
Why MicroMac’s LendFacile:
- Proven Success: Join a community of financial institutions that have successfully transformed their retail lending operations with our reliable and proven Loan Origination System.
- Scalability and Flexibility: Scale lending operations easily and adapt to changing market demands with our flexible and scalable solution.
- Dedicated Support: Rely on our dedicated support team for assistance and guidance throughout the implementation and ongoing use of our Retail Loan Origination System.
Key Features:
- End-to-End Automation - Experience a fully automated loan origination process from application submission to approval. Increase efficiency and reduce manual errors with our seamless automation.
- Intuitive User Interface - Navigate through the loan origination process effortlessly with an intuitive and user-friendly interface. Simplify complex tasks and empower team to deliver exceptional service.
- Credit Scoring - Empower lending decisions with integrated credit scoring and advanced risk assessment tools for precise evaluation of borrower creditworthiness, enhancing accuracy and efficiency.
- Document Management - At the heart of LendFacile lies a robust Document Management module designed to streamline processes, enhance collaboration, and ensure regulatory compliance. Effortlessly upload borrower documents by LendFacile.
- Real-time Collaboration - Catalyze collaboration across internal teams and external stakeholders, fostering synergy. Enable real-time communication and updates to accelerate the loan approval process with efficiency and transparency.s
- Compliance Assurance - Stay compliant with regulatory requirements and industry standards in lending operations. LendFacile is designed to ensure adherence to all necessary regulations.
- Integration - Experience real-time connectivity among LendFacile, Core Banking System and Card Management System, ensuring instant updates and accurate data synchronization.
- Dedupe - In the dynamic landscape of data management, precision matters. Dedupe Module is a powerful solution designed to cleanse databases, eliminate redundancy, and elevate the accuracy of information by cutting-edge algorithms.
- CIB - Advance CIB module with MCM management - a powerful tool designed to transform raw customer data into actionable insights, empowering bank to make informed decisions.
- CPV - Elevate lending process efficiency through our streamlined CPV module. Control panel for CPV agent ensures SLA, faster CPV reporting and accurate billing.
- Technical Valuation - Home and Pre-Register Auto Loan technical valuation can be easily done by the Technical Valuation module of LendFacile. Control panel for Technical Valuation agent ensures SLA, faster reporting and accurate billing.
- Faster Data Entry - LendFacile introduces a fantastic feature that revolutionizes the way of handling documents - Data Entry by Viewing Scanned Files on-screen. Go to the input box, system will automatically map the respective data on the scanned file.
- Analyst Module - The innovative approval template is engineered to empower analysts with advanced tools, real-time data, and actionable insights for informed and strategic decision-making.
- Condition, Exception & DLA - Dynamic exception ensures adherence to PPG guidelines and condition workflows guarantees accurate lending decisions. Delegation authority (DLA) to Approvers, ensuring that loan application receive proper approval.
- Operation - The OPS Module is a revolutionary solution designed to simplify and accelerate the loan origination process. Elevate operations with seamless documentation management and efficient fund disbursal.
- Credit Card Capture - LendFacile will enhance user experience with a secure, convenient, and efficient credit card capture process by directly interacting with Card Management System.