Micro Lending Software

The comprehensive software platform is an absolute must-have for microfinance lending management. It enables multi-channel loan origination, automated scoring, underwriting, and repayment monitoring for effective microlending and hassle-free experience for borrowers.

With real-time data analysis and reporting features, it provides valuable insights for informed decision-making and risk assessment. The timveroOS product for MFI helps effectively manage lending operations, drive growth, and make a positive impact on underserved communities.

Software for microfinance lending

At TIMVERO, we ensure the micro lending business needs are met in full and at every stage: from providing reliable and intuitive loan origination channels all the way to efficient semi-automated debt collection. Here is what we offer:

Loan Origination

TIMVERO micro loan management software can automate most of the loan origination steps: it automates the application process and document verification, facilitates credit scoring, and generates loan agreements.

It can also integrate with external data sources for efficient KYC and underwriting. Automating loan origination processes improves efficiency, reduces errors, and accelerates the lending process for microfinance institutions.

Loan Servicing

Our micro loan software can automate loan servicing in full. For example, it handles payment processing, generates repayment schedules, automates late payment reminders, and tracks borrower communication. With it, you can generate comprehensive reports, manage loan products, and facilitate collections.

Automating loan servicing processes saves operating expenses, creates a more attractive borrower experience, and ensures accurate and timely loan management for micro loan businesses.

Debt Collection

Numerous tasks in debt collection can be delegated to timveroOS: use it to generate automated payment reminders, track overdue accounts, and initiate collection efforts.

The platform can also automate communication with borrowers via notifications, SMS, or email, and provide comprehensive reporting on collection activities.

Automating debt collection processes helps to use human resources smarter. It increases recovery rates and ensures compliance with regulatory requirements for microfinance institutions.

Analytics

timveroOS provides analytics at scale for microfinance lending to assemble pieces of data in updated patterns in risk management, strategic marketing, and financial engineering to increase profits and optimize the performance parameters of your microfinance company.

Benefit from scrubbed trend data, highlighted risk indicators, real-time financial state monitoring, and loan product suggestions in a top-notch digital product for full-cycle microfinance loan management.

Loan Origination

Loan Servicing

Debt Collection

Analytics

Software for
microfinance lending

Loan Origination

Loan Servicing

Debt Collection

Analytics

Customer onboarding

Automated scoring

Contracting

Collection

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.

AI/ML
decision-making and reporting

AI/ML decision-making and reporting

We introduce smart decision-making and reporting within timveroOS. It is a revolutionary software module designed for microfinance lending that can transform loan origination and management in microloans.

With our AI/ML-powered platform module, financial institutions can leverage extensive data for informed decision-making, accelerating and improving executive decisions by relying on big data instead of intuition. This leads to an average increase in loan profitability of 13%.

Utilize data-driven insights to enhance scoring, underwriting, customize offerings, and optimize market outreach. Unleash the power of synergy among risk, product, marketing, and financial departments, enabling C-level decisions to be made up to 12 times faster.

Facilitate effective collaboration across various departments with convenient reporting. Scale operations, mitigate risks, seize upselling opportunities, and achieve impressive ROI with timveroOS proprietary Financial Engineering/Cashflow engine.

Customizable Loan Architecture

Unique architecture based on Particpants entities that can be customized for any custom attributes,documents, profiles and emdedded intro the custom step of the loan process.

Participant

Consumer

Raw and featured data

ID number
Address
Disposable income
Credit score

Documents

ID card
Proof of address

Deal

Business flow

KYC
Underwriting
T&C calculations
Signing

Products

Credit card
Fixed-term loan
Installment

The balance between scalability and personalization

The ability to issue loans at scale while maintaining a high level of personalization is a critical aspect. It enables microfinance institutions to efficiently manage a large volume of loan applications while tailoring loan terms, repayment schedules, and borrower interactions to meet individual needs. This balance between scalability and personalization ensures a positive borrower experience and sustainable growth in micro lending software operations.

The balance between scalability and personalization

Recommended by vendors

Alternative lender from Sweden

"We implemented TIMVERO software for our microloan business, and it has been a great solution. Customizable workflows, automated processes, and comprehensive reporting have greatly improved our efficiency and financial results. Highly recommended for anyone in the microlending industry."

Micro loan business from Italy

"TIMVERO's software is a top-quality choice. The intuitive interface, easy-prepared integrations, and powerful analytics have enabled us to scale our microloan business effectively and drive 30% higher monthly revenues in 7 months. The personalized customer flows and precise risk assessment capabilities have been instrumental in our success."

Microlending business from Asia

"We are extremely satisfied with the TIMVERO software for lending. The ability to issue loans at scale while maintaining a personalized approach has been invaluable. The risk assessment module provides accurate insights, enabling us to make informed decisions and effectively manage our microfinance lending portfolio."

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Micro Lending Software