Lending

Automate various tasks, improve efficiency, and enhance customer experience

Lending services automation

iFlows empowers lending institutions to create, modify, and optimize workflows without extensive coding. iFlows enhances operational efficiency, reduce the risk of errors, and contribute to a more seamless and customer-friendly lending experience.

iFlows enhances lending processes by automating loan origination, credit scoring, document verification, communication with borrowers, and compliance checks. It streamlines operations, improve customer experiences, and ensure regulatory compliance, making lending institutions more efficient and responsive.

Loan Application Processing

Automate the loan application workflow, including data collection, document verification, and credit scoring. iFlows can streamline the process from application submission to approval.

Automated Document Collection

Automate the collection of required documents from loan applicants, ensuring completeness and accuracy in the documentation process.

Credit Scoring and Risk Assessment

Create workflows for automated credit scoring and risk assessment, analyzing applicant data for creditworthiness. Integrate with external data sources for a comprehensive evaluation.

Loan Approval and Disbursement

Automate the approval and disbursement workflows, ensuring that approved loans are processed efficiently and funds are disbursed to borrowers in a timely manner.

Collateral Management

Implement workflows for collateral management, automating the tracking, valuation, and release processes associated with collateralized loans.

Loan Modification Requests

Create workflows for loan modification requests, automating the review, approval, and documentation processes when borrowers request changes to their loan terms.

Communication with Borrowers

Implement workflows for automated communication with borrowers, sending notifications, updates, and reminders related to loan terms, payments, and other relevant information.

Collections Workflow

Automate collections workflows, including delinquency management, communication with overdue borrowers, and the initiation of appropriate collection actions.

Loan Portfolio Management

Create workflows for managing the overall loan portfolio, automating tasks related to monitoring performance, analyzing trends, and generating reports for decision-makers.

Escrow Account Management

Implement workflows for managing escrow accounts associated with certain loans, automating tasks related to fund disbursement and account reconciliation.

Loan Closure and Satisfaction

Streamline workflows for loan closure and satisfaction, automating the finalization of loan terms, documentation, and the release of any liens or encumbrances.

Customer Communication and Education

Develop workflows for educating borrowers about loan terms, policies, and financial literacy, improving overall customer understanding and satisfaction.

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Capabilities

Features

Integrations

Financial Services

Other Industries

Cross Industry