Category: Digital Lending

February 15, 2024

The Power of Automating and Digitalizing Your Lending business

The world of small business lending is undergoing a rapid transformation. Increased competition and changing borrower expectations necessitate innovation and efficiency for lenders to stay ahead. Manual processes and paper-based workflows are becoming outdated in today's fast-paced lending environment. Embracing automation and digitalization is no[...]

August 18, 2023

The Best Practices for Compliance in Digital Lending

The Best Practices for Compliance in Digital Lending In an era where technology continues to reshape the financial landscape, digital lending stands out as a dynamic force that has revolutionized the borrowing and lending experience. As traditional barriers crumble and financial transactions migrate to the[...]

August 10, 2023

5 Benefits of using a Cloud-based Loan Management System

5 Benefits of Using a Cloud-based Loan Management System Cloud computing has a history of over a decade, and its advantages are now becoming increasingly apparent. Manual processes tend to be sluggish, and in today's fast-paced world, anything slow requires prompt replacement. In recent years,[...]

April 24, 2023

The Future of Unsecured Lending in the Digital Age: Potential Risks and Opportunities

The digital age has brought about significant changes in the financial sector, and unsecured lending is no exception. Unsecured loans, which are loans not backed by collateral, have traditionally been associated with higher risks for lenders due to the absence of a guarantee. However, with[...]

January 13, 2022

What is Point of Sale Financing and How it Works?

What is point of sale financing? To put the definition in a bracket, point of sale (POS) financing is a type of personal loan. The name can be a little ambiguous, but it really means what it says; a point-of-sale finance is a when a[...]

October 28, 2021

Look for these 5 Key Features In Your Digital Lending Platform

Lending has been one of the oldest financial services that the world has ever known and it dates back to the 21th century where it finds its mention in Babylonian history. Fast forward to the 21st-century world where money has been close to digitized and[...]