Loans Originations and Loans Management Platform
Automate the entire Loan Lifecycle from Originations to Recoveries
Streamline Your Lending Business
An intelligent, scalable and secure cloud based multi-channel software solution supporting the entire loan lifecycle, from loan origination, servicing and recoveries.
Flexible software for fully automated process of loan and mortgage debt
All special servicing and legal processes for defaulting mortgages are managed automatically, allowing straight-through processing, and an increase in recovery ratios. Supports arrears and collection processes for all types of loans. Manage more cases and reduce cost.
Faster, More Reliable, Scalable and Secure
Expand your reach and serve more, provide customers with self-serve in the digital channel and take your financial institution to the next level. Smarter digital banking at its best.
LoansPLUS+ A Highly Scalable Cloud-Based Modular Solution
Application modules are cloud-enabled and delivered in a SaaS model, which reduces cost for the financial institution versus traditional on-site installations, and covers all critical processes involved in the loans system.
Originations
Complete automated borrower evaluation and decision making
Servicing
Automated payments processing, notifications and alerts
Recoveries
Set of convenient tools for soft recoveries (upcoming offline agent field app)
Reporting
Comprehensive set of reports for portfolio and risk management
10 Steps of the Originations Process
Visualization of how loans originations is processed
1. New Application is Created
A new loan application is received in Close Origination from a web, mobile or any front office application. This can be done via a web service or HDN interfaces so intermediaries, dealers and retail partners can all service their customers in this process.
01
10 Steps of the Originations Process
Visualization of how loans originations is processed
2. Internal sources are consulted
Loan application is enriched with data from internal sources to execute the necessary verifications. These are for example the clients CRM systems, administration systems of intermediaries and dealers, and employee administration systems.
02
10 Steps of the Originations Process
Visualization of how loans originations is processed
3. Pre-score is calculated
A preliminary score is provided based on the evaluation of information from the first 2 steps.
03
10 Steps of the Originations Process
Visualization of how loans originations is processed
4. Consulting external sources
Loan application is enriched with data from external sources for the purpose of compliance, fraud prevention and creditworthiness evaluation. Additional sources can easily be added to the process.
04
10 Steps of the Originations Process
Visualization of how loans originations is processed
5. Automatic assessment.
The application is assessed based on the information retrieved from the previous steps. Maximum loan capacity, credit restriction such as the monthly installment, (theoretical) duration of the loan, credit rating and the interest rate are automatically calculated. In addition, a credit risk profile can be determined and taken into account when evaluating.
05
10 Steps of the Originations Process
Visualization of how loans originations is processed
6. Manual assessment.
Complex loan applications may be processed manually by the underwriter, thus the system also enables traditional underwriting processing, but in a very efficient way.
06
10 Steps of the Originations Process
Visualization of how loans originations is processed
7. Proposal is created
The proposal, including the corresponding stipulations list and validity of the offer/contract is generated.
07
10 Steps of the Originations Process
Visualization of how loans originations is processed
8. Evaluation of stipulations
Stipulations such as ID, proof of income, bank statements, proof of living costs, etc. are processed and tested of fraud and on consistency. After all information from the application, external sources and the supporting documents have been verified, the final assessment takes place.
08
10 Steps of the Originations Process
Visualization of how loans originations is processed
9. Loan Disbursement
Loan application is enriched with data from internal sources to execute the necessary verifications. These are for example the clients CRM systems, administration systems of intermediaries and dealers, and employee administration systems.
09
10 Steps of the Originations Process
Visualization of how loans originations is processed
10. New contract is sent to back-office.
Data for contract administration is collected and the whole client file is forwarded to the back-office application. Optionally, a welcome letter can be forwarded to the applicant(s), and or the intermediary.
10
Features of LoansPLUS+
The Platform
Service-based and Cloud Enabled
The font spacing on the headline seem slightly stretch and too big to be easy to read at a glance.. when I view the page at 85% its more comfortable.
High-level Security
AWS high-level security measures including client data encryptions are applied and all security requirements are 100% respected.
Easy Integration
All modules are integrated easily with existing IT infrastructures including third-party solutions.
Supports Multi-Credit Providers
Supports multi-tenant which makes it suitable for service providers and lenders who service many different client brands.
Configurable Solution
Any module of LoansPLUS+ is designed to be highly configurable ensuring smooth implementation and minimal costs.
Custom UI/UX
A leading design in user interface and smart banking for a simple intuitive transition and user experience
Platform Benefits
The LoansPLUS Platform
Minimized credit loss and improved customer service
24/7 straight through-processing in the recovery process
Intelligent use of risk analysis, behavioral patterns and big data analysis techniques
Secure cost-efficient SaaS solution that allows for business flexibility and scalability
Easy integration with existing IT infrastructure
Optimized recovery ratios and workload
A customized approach based on profiling and customer’s history
Direct anticipation of different situations in the loan liquidation process
Flexible solution with the optimal match for specific scenarios
Configurable authorization matrices for customized access
Our Clients
About our client projects
Camalig bank is a leading Rural Bank starting its digital transformation with a mobile first strategy supporting the Philippines rural community.
ECommPay is an international payment service provider for mid-sized & large businesses and Card acquirers, Payment aggregators & mass-payouts providers.
Ecommbx ltd is an electronic money institution focused on providing seamless payment platform to mid-sized and large businesses.
Cantilan Bank is a leading rural bank in the Philippines that is spearheading digital transformation with mobile and internet banking.
Provide acquiring and processing services for retail and business customers, Merchant account registration, Payment gateway services.
Offering Bank account opening for non-European residents. Payments platform for personal and business banking.
Subscribe to our Newsletter
Receive the latest on digital banking news and updates on our DX event