ONLINE LENDING SERVICE

THE PROBLEM

The Consumer Credit market is missing an organised, efficient and centralised platform where lenders and borrowers discover suitable consumer loan products in a convenient and secure manner

THE SOLUTION

Imagine if you could have smart forms, workflow, decisioning and loan origination all in one system.

Benlor delivers an all-in-one solution

By incorporating multiple systems such as smart forms, workflow, decisioning and document generation into one product, Benlor allow banks to maximise their efficiency and reduce costs by streamlining their processes.

Using the Benlor Network, borrowers submit a single credit application that reaches multiple lending institutions, resulting in a single hard-credit inquiry into the borrower’s credit score, thereby saving time. In real time, users receive multiple offers for consumer loans. Benlor makes it easy for them to sort and apply for the offers.

Your customers are changing

Grow with them

Customer Experience

Customers are seeking easy experiences irrespective of channel or device. Provide your customers with a true omni capable end to end experience.

Customer Conversion

Customers today are time poor and financially savvy. Keep your prospects and customers engaged.

Process Efficiency

Financial institutions’ multiple product and manual processes are inefficient. Improve operational efficiency with an end-to-end decision assisted workflow and case management solution.

THE BENLOR CLOUD LENDING SOLUTION ARCHITECTURE

Why Your Bank Should Partner with Benlor

  • Quick Turnaroud – Quick funding empowers borrowers to be flexible and free, rather than tied up collecting all the bank’s necessary paperwork
  • Trust in Tech – The trust that people place in their cellphone’s social media platforms is increasingly applied to traditional areas like lending. With encryption, private networks and full compliance with regulators, customers see no reason not to use these services.
  • Boosting Profitability – The manpower once required to propel a loan application through a bank’s bureaucracy is entirely unnecessary with LaaS. Because algorithms and software can be trusted to accomplish the same tasks, the process is much cheaper for lenders.
  • Value Add to the Banks - LaaS and bank relationship is based on the software platform simply finding candidates that can match the bank’s existing credit decisioning standards. This affiliate-type relationship is beneficial to both parties and customers as well, who can access an inexpensive loan backed by the credentials of a traditional brick and mortar financial institution.
  • LaaS is the Future – As new regulations and financial practices become the standard, the lending-as-a-service industry will simply become the lending industry. The public support for LaaS makes this almost an inevitability, and the markets have already tested and largely proven the model.

CLOUD LENDING BUSINESS CONCEPT

Benlor LaaS Solution

  • Digital & Direct Marketing
  • Cloud Lending
  • Nationwide Sales Agent Force
  • Top Class Call Center Backing

Online Market Place

  • Reduced Time-to-Market
  • Pre-qualified Loan Applications
  • Daily Automated Interface Between Customers and Banks
  • Daily Uploads of New Pre-Approved Applications

Credit Provider's Internal

Credit Evaluation Criteria

  • Execution of Client Loan Agreement
  • Collection of Document Originals
  • 3rd Party Bank Loan Settlements (Compra de Divida)

Disbursement

  • Disbursement
  • Benlor Commission Payment

CLOUD LENDING ADD ONs

Online User Portals

  • Smart Forms
  • Client Data Capture
  • Document Uploads

Underwriting

  • Lending Partner Decisioning Algorithms
  • Pre-Approval

Pairing of Loan Applications

  • Pair client with lending partners in our network
  • Share List of Interested Lenders with Client

Client Final Choice of Lender

  • Process Handover to Lender
  • Collection of our Commission

Bring A New Experience

To Your Investment

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