The digital allocation of commercial loans

Traditional lending to commercial customers often takes days (or weeks). Self-employed people, and small to medium-sized enterprises (SMEs) in particular, frequently have little understanding for long delays until a lending decision is made. At the same time, their requirements for liquidity for investments or working capital increases.

With classic commercial loan applications, application assessments undergo numerous manual processes and coordination phases until they are finalised. In addition to the manual collection of various proofs and documents (balance sheets, business assessments, tax assessment notices, trade register excerpts etc.), financial institutions are required to appraise applicants’ creditworthiness as well as prepare and record individual decisions.

The fintus Suite offers the possibility to fully automate the process, from digital onboarding and legitimation in compliance with the Money Laundering Act to automated lending, contract drafting and the digital signature. Companies experience a fully digitised credit product – banks benefit from the greatest possible risk assessment and, at the same time, the lowest possible personnel commitment.

Complex commitments become transparent with the fintus Suite. Multi-level risk structures, extensive borrower units or the combination of internal and external products (e.g. subsidised loans) are consolidated. Within the fintus digital workplace, all information, processes and product information is brought together in one interface. Time-consuming tracking of individual requirements is thus a thing of the past. The fintus platform automatically reminds you of conditions and transfers them into structured internal evaluations. Both you and your customers benefit from process digitisation.