Consumer loan software

The end-to-end consumer loan origination software by TIMVERO is created to meet your business needs. Like a missing jigsaw puzzle.

1

Stages

Loan software that anticipates your needs

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timveroOS builds seamless and tech-savvy onboarding for banks and financial institutions to improve conversion rates and minimize customer churn at every stage. Your borrowers can undergo fast fully digital KYC checks and submit their consents with a click.

The major advantage of TIMVERO consumer lending software is robust data furnishing tools and analytics.

The system generates forms and supports auto-fill based on existing CRM data or API integrations with data providers. Just as well it easily extracts and processes data from complex financial reports in banks.

Automated doesn’t mean uncontrollable or black-box.

It is you who defines custom scoring parameters, such as customer profile values, free cash flow range, and other risk parameters.

As a result, your consumer lending business obtains data-centric and effective scoring models - both soft-check and hard-check. Each is based on clear predefined rules for different borrower groups to minimize risk, reduce operating expenses and get the most out of what timveroOS automation can fuel your business with.

The entire document management part can become paperless.

The multi-stage process of signing a contract is supported by a number of online and offline channels. The system stores, edits, and updates various contract templates for borrowers.

The timveroOS functionality includes an automatic opening for debit or credit accounts or loan disbursements via integration with a core/general ledger collateral management. No need to switch between files, folders, and data providers: consumer loan software by TIMVERO unites all contracting operations in a single interface.

Robust collection module is a must-have for retail lending software. When compared to any out-of-the-box solutions in the market, at TIMVERO we added extended covenant control and collecting payments tracking along with ready-made proactive collection strategies for banking with automated notifications.

What’s more: banks and lending businesses always have necessary business metrics at their fingertips due to in-built systems for capturing analytical data and smart reporting.

2

Architecture

Customizable Loan 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.

3

Technology

Why our consumer
lending system is different

TIMVERO SDK provides you with the end-to-end automation of custom workflows at reasonable self-maintenance costs and a lot of flexibility.

Low-cost
self-maintenance

Choose your business strategy depending on the borrower’s parameters (demographics, income, grade, location, occupation, etc.)

Automated loan
limit calculation

Go for fully-automated or semi-automated execution of loan management processes based on events and triggers.

Event-based
proactive strategies

Advanced AI analytics

info

On top of automated loan origination and servicing, the analytics module supplies data ready for machine learning processing. Our ML framework helps build risk and underwriting models, and get product and marketing insights.

You get analytics in hours instead of weeks compared to manual processing and model building.

You get analytics in hours instead of weeks compared to manual processing and model building.

TIMVERO analytics system creates genuine recommendations on new underwriting models, best-fit products, and the most effective ways of payment collection.

It means that all bank departments have all the cashflow projections at their fingertips and can make data-driven decisions up to 12 times faster.

4

How the process looks like

01

The integration and data transformation modules gather and process data from widely sourced data pools using integrations.

02

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.

03

The projection module helps to seamlessly estimate the impact of new findings in the interconnected financial models between various departments (risk, product, marketing, or financial).

5

Testimonials

Customer reviews

Legacy software replaced, improved lending functionality, and 4 months of work partially performed by the bank’s in-house team.

“Thanks to timveroOS, our financial institution quickly launched a new commercial lending business, optimized costs, and successfully implemented the processes we envisioned. Now, we can scale efficiently, and timveroOS is our clear choice for the consumer branch as well.”.

Sam
SVP, USA

3 months to launch digital SMB lending for  with the back-office augmented by advanced analytics and custom dashboards.

“timveroOS provides an optimized loan management platform with end-to-end automation and exceptional development flexibility—key factors that make our collaboration truly valuable.”.

Henry
CTO, Netherlands

3.5 months from signing a contract to launching in a production. Consumer lending project with multiple loan products, and online digital onboarding.

“I love how TIMVERO gave us full control over our data, allowing us to leverage it for our ML model, which is now driving our business decisions and financial perfomance to the next level.”.

Mark
CEO, Canada

6

Solutions B2B

Solutions for any lending type

Installment
POS
Microfinance
Auto
Student
Payday

7

Next steps

Get a demo

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.

Ready to start?

Upgrade your loan management system for small businesses and large enterprises in just 3 months.

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