fbpx

ITEC



LendTEC

HOME

LendTEC

LendTEC

LendTEC Retail & Corporate, designed for bank staff at all authority levels, empowers teams to seamlessly create, manage, and approve various loan types. It offers a comprehensive portfolio of credit products, from quick loans, through Personal loans, Housing loans, Auto loans, Letters of Credit, Overdraft, Revolving loan, to Working Capital financing and more.

LendTEC is built on an international BPM Zero-code platform which renders the source code available to the user to perform modifications to respond to the Agile nature of lending operations.

LendTEC is licensed separately for Retail and Corporate modules.

Intelligent Loan Origination & Processing (iLOP Solution) - ITEC
LendTEC - Retail Financing Origination Platform

Retail loan origination systems allow borrowers to apply for a new loan, and a lender to process that application. Origination generally includes all the steps from taking a loan application up to the disbursal of funds (or declining the application).

Our Solution
ITEC Provides a fully customizable workspace for Bank staff from different authority levels to create, manage and approve Retail Loan Applications. The LendTEC (RetailFinancing Origination Platform) solution is capable of handling different loan types such as Personal, House, auto etc. Through Omni channel handling web, mobile and tablets.

 

LendTEC - Corporate Financing Origination Platform

Corporate loan origination systems allow borrowers to apply for a new loan, and a lender to process that application. Origination generally includes all the steps from taking a loan application up to the disbursal of funds (or declining the application).

Our Solution
ITEC Provides a fully customizable workspace for Bank staff from different authority levels to create, manage and approve Retail Loan Applications. The LendTEC (Corporate Financing Origination Platform) solution is capable of handling different loan.

Capabilities

Automate Onboarding

• Automatic Document capturing and data extraction from main document like IDs, passport.
• Automatic document and email generation.

Control & Monitoring

• Client due diligence and automated client eligibility check from internal systems and external credit organization
• Approval workflow through different levels Automatic notifications.
• Exception handling.

Integration

• Integration with Core Banking and other systems of record like Cards systems and Check Book issuing
• Integration with Document Management for Automatic Archive
• Integration with CRM enabling Cross-selling on other products.

Benefits

Streamlined Loan Management: Enhances efficiency and accuracy throughout the loan origination process, simplifying both creation and approval.

Comprehensive Compliance: Automates eligibility checks and due diligence, ensuring adherence to regulations and providing a complete view of customer data.

Customizable and Agile: Built on a zero-code platform, allowing for rapid adjustments and customization in response to changing market conditions without needing IT support.

Enhanced Customer Experience: Offers instant and pre-approved loans with automatic notifications, ensuring quick access to funding and keeping customers informed throughout the process.

Data-Driven Insights: Robust reporting and dashboards enable informed decision-making by analyzing loan performance and monitoring key metrics effectively.

Contacts

NEED A CONSULTATION?

info@itecj.com

Call Us