VeriPark's digital lending solution enables financial institutions to streamline lending and offer their customers the convenience of self-service digital loan experiences. Aimed at making loan origination simple, the solution turns lending into a quick, painless process and helps to sustain customer-centric digital experiences at scale. It replaces traditional loan processes with dynamic loan application flows and increases customer conversion rates.
With a unified, flexible and efficient approach, the solution makes it possible to manage retail, commercial and corporate lending journeys across various internal and external stakeholders. The future-ready lending platform built on Dynamics 365 empowers financial institutions to offer various loan products in retail, SME and corporate segments across digital channels. Covering everything from pre-screening, onboarding, underwriting to disbursement, the solution automates the entire digital lending flow from start to finish.
Step 1: Loan Origination
Step 2: Application and Data Capturing
Step 3: Loan Processing
Step 5: Loan Approval
*Applicable for commercial and corporate loans, ranging from construction loans to asset finance, real estate loans to term and operating loans.