POS Lending Software
TIMVERO’s POS (Point-of-Sale) lending software is designed to empower businesses and financial institutions that make financing options at the point of sale easy, handy, and affordable.
With timveroOS merchants are free to provide flexible repayment terms, while banks and alternative lenders get an effective technological backbone to make this happen in a mutually beneficial way.
Businesses can effortlessly integrate timveroOS into their existing workflows, boosting customer satisfaction, increasing sales, and optimizing revenue generation. Discover how TIMVERO POS lending software can revolutionize your business and take it to new heights.
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1
Stages
Software for
Point-of-Sale lending
The platform collects applications from a POS terminal or a website via a proprietary Vendor Module. Due to the custom creation of loan products, industry-tailored underwriting algorithms, data modules, financial terms, and document templates, every vendor can benefit from a personalized approach, while every borrower will be provided with a hyper-personalized effortless experience of POS lending.
Tech-simplified efficient loan servicing in the point-of-sale lending industry is a key focus of timveroOS. The platform provides multiple options for collections and funds distributions. Choose full upfront payments or proportional repayments upon each transaction - in every business scenario, TIMVERO will get you covered. Automate loan servicing tasks, enhance customer experience, and maximize operational efficiency with our robust software, tailored to meet your specific business needs.
Debt collections need to be automated as much as possible, therefore timveroOS provides robust functionality to speed up the work with default loans. From automated reminders to custom repayment plans, real-time dashboards, and monitoring. With the help of profound analytics, the system detects loan problems and suggests ways of dealing with them to keep a strong and viable loan portfolio.
timveroOS proprietary analytics for POS lending helps reveal the real potential of data. It provides a lot more than colorful dashboards, you get clear trend data, risk indicators, financial health parameters, and underwriting process suggestions in a single interface for alleviating risks and improving the quality of data-driven loan decisions.
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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.
AI/ML decision-making and reporting
The launch of timveroOS, the POS lending software, can be a game-changer in POS loan origination and loan management. Here is how:
With our AI/ML-powered platform module, financial institutions can implement a vast amount of data for their decision-making. It makes executive decisions accelerated, more accurate, and backed up with big data instead of a gut feeling. As a result, the average loan profitability grows by an average of 13%.
Implement data-driven insights in scoring, underwriting, creating custom offerings, and market outreach. Catch the synergy point between risk, product, marketing, and financial aspects and make C-level decisions up to 12 times faster. Allow various departments to collaborate more effectively due to the convenient reporting. Scale up operations, reduce risks, use every upsell opportunity, and gain an impressive ROI with timveroOS proprietary Financial Engineering/Cashflow engine.
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How We Work
Banks
The TIMVERO POS lending platform offers banks numerous advantages. It enables seamless integration with existing banking systems, streamlines loan origination and servicing processes, and enhances risk assessment capabilities. With its scalable and configurable nature, TIMVERO empowers banks to optimize operations, improve customer experience, and drive loan portfolio growth.
Credit unions
Credit unions can benefit greatly from the TIMVERO lending platform. It offers seamless integration with credit union systems, enabling efficient loan origination and servicing. The platform's configurability allows credit unions to align it with their unique workflows and lending policies. With enhanced risk assessment capabilities and streamlined processes, credit unions can provide their members with a seamless borrowing experience while optimizing operational efficiency.
Finance companies (fintechs)
Fintech companies can leverage the advantages of the TIMVERO POS lending platform to drive their lending operations. The platform's API integrations facilitate seamless connectivity with fintech systems, enabling efficient loan origination and management. Scalability and flexible settings cater to the growth strategies of fintechs, while robust risk assessment capabilities ensure accurate decision-making. By leveraging TIMVERO, fintechs can enhance their lending processes, improve customer experience, and achieve optimal business outcomes.
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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.”.
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.”.
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.”.
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Solutions B2B
Solutions for any lending type
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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.
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Upgrade your loan management system for small businesses and large enterprises in just 3 months.
Get our free TIMVERO product guide