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.

Software for Point-of-Sale lending

The POS loan platform timveroOS provides businesses with an all-in-one solution:

Loan Origination

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.

Loan Servicing

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 Collection

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.

Analytics

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.

Loan Origination

Loan Servicing

Debt Collection

Analytics

Software for Point-of-Sale lending

The POS loan platform timveroOS provides businesses with an all-in-one solution:

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

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.

Customizable Loan Architecture

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

Participant

Consumer

Collateral

Raw and featured data

ID number
Address
Disposable income
Credit score

Documents

ID card
Proof of address

Raw and featured data

VIN number
Discounted price

Documents

Proof of ownership
Appraisal

Deal

Business flow

KYC
Underwriting
T&C calculations
Signing

Products

Fixed-term loan
Auto loan

Smooth vendor onboarding

Easy and intuitive vendor onboarding in POS lending is hard to overestimate. Streamlined processes, automated workflows, and user-friendly interfaces within TIMVERO for POS loan management simplify vendor registration and verification procedures. Vendors can quickly onboard, access comprehensive training materials, and seamlessly integrate the platform into their existing systems, ensuring a smooth transition and efficient utilization of the lending solution.

Scalability

timveroOS for POS lending provides a wide range of flexible settings, integrations, and scalability opportunities that are important for growth strategies in the point-of-sale industry. The system provides stability even with a growing number of loan applications and transactions, so it quickly adapts to changing business requirements and processes. Due to complete configurability, it seamlessly aligns with your business workflows, loan servicing policies, and reporting preferences.

Smooth vendor onboarding

Scalability

Recommended by vendors

Electronics store from Italy

"TIMVERO has transformed our POS loans, providing a seamless POS lending system. Their software is user-friendly, and the integration with our existing systems was smooth. The flexible settings and efficient loan management have boosted our sales and customer satisfaction."

US-based Medical Center

"As a POS loan management software vendor, TIMVERO has exceeded our expectations. Their system is highly scalable, allowing us to handle growing loan volumes effortlessly. The easy adaptations to changing requirements and seamless integrations have streamlined our operations and improved efficiency."

US-based Home appliances company

"TIMVERO has been our trusted point-of-sale system provider for 2 years. Their POS loan software is fully configurable to match our unique lending policies and workflows. With their effective reporting features, we have gained valuable insights to optimize our business strategies and drive growth."

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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.

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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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POS Lending Software