TIMVERO – one of the leading commercial lending software vendors offers a full-cycle platform for commercial lending automation in banks and FIs: from application all the way through underwriting to disbursement, and even collection.
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Stages
timveroOS installment loan management software covers the entire lending process from customer acquisition and automated application processing all the way to loan portfolio management and debt collection. Here are the main stages:
Allow the SMB lending software to build a scoring model for you, be it a soft check or hard check. Due to the user-friendly interface, you can easily get into it to ensure it fully meets your business goals.
The scoring models are applicable to entities, founders, and key persons. The models are fully customizable to be worthy of your trust. You can pick any parameters, like business profile values, financial statements, payment history, and any other risk factors based on your historical banking data, and benefit from precise results.
timveroOS provides tailor-made and technology-powered user onboarding to win the loyalty of business customers from the first click. For commercial loan origination system we implement automated due diligence and KYB with fast and secure document uploads and submitting consents.
At TIMVERO, we focus on furnishing tools and analytics, this is our key strength. The OS allows form auto-fill due to integrations with existing CRM or API integrations with selected data providers. Smoothly and seamlessly, it extracts, processes, and implements huge arrays of data from complex financial reports.
We re-design the complex contract signing process to make it as simple as possible for commercial lending. The process is supported by various online and offline channels, generating custom templates for business borrowers, including company founders and key persons.
With timveroOS you can set debit and credit account creation and loan disbursements performed automatically to save your team’s efforts for really challenging tasks.
Collection is an integral part of SMB loan software. In addition to popular ready-made features in the market, loan servicing provided by timveroOS includes covenant monitoring and proactive strategies with predefined actions, such as custom email or SMS notifications.
To keep your bank performance metrics transparent and accessible, the system provides full tracking and accounting of collection repayments and gathers analytics for extensive reporting functionality.
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Architecture
Unique architecture based on Participant entities that can be customized for any custom attributes, documents, profiles and embedded intro the custom step of the loan process.
In addition to seamlessly automated loan origination and servicing, the analytics module heps to gather data suitable for ML processing. It allows creating risk and underwriting models, as well as obtaining valuable product and marketing insights. Manual processes in banking analytics take weeks, while timveroOS can process data and build models in hours. You can keep all teams on the same page and expect faster data-centric decisions.
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How the process looks like
The integration and data transformation modules gather and process data from widely sourced data pools using integrations.
XAI (explainable AI) analytics engine is connected to the data storage to draw the most valuable insights for ongoing underwriting, product improvements, and loan servicing actions.
The cashflow projection module allows measuring the influence of these results in the interconnected financial models across different business departments (such as risk, product, marketing, or finance). It empowers them with data-driven decision-making capabilities.
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Testimonials
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Solutions B2B
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Next steps
TIMVERO is a trusted technology vendor for banks and financial organizations on their way to impeccable digital lending. Apply for a quick real-time demo to discuss the details and get a quote.
Upgrade your loan management system for small businesses and large enterprises in just 3 months.
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