Competitive pressures are putting the credit underwriting & management operations of lenders under a spotlight.

National lenders are aggressively expanding their lending footprint by adopting internet based lending platforms for originating small ticket commercial loans. These platforms leverage real time credit decisioning technology and provide instant decisions to borrowers who are located thousands of miles from the home office. Regional and Community focused lenders, when faced with such competitors, run the risk of losing their market share in small ticket loans, unless they follow suit by extending instant credit decision capabilities to their prospective customers. This is no longer a luxury, but a necessity.

Competition is forcing lenders to look at ways to improve process efficiencies which can translate to higher throughputs and reduced processing times. This is particularly relevant to credit underwriting & management for big ticket loans, which involve highly manual processes with multiple approval levels, extensive review of documents and concurrent processing streams.

The need for speed and agility in this competitive business environment cannot be under stated. High Impact business blocks like product, credit and pricing strategies have to be continually innovated upon, in response to competitive and regulatory changes. If these changes take up too much time to implement, the benefits from the innovations are lost. Failure to update business rules in timely manner could also result in regulatory fines and customer attrition. There is increased interest in adopting tools (workbenches) that can enable business stakeholders to directly drive changes to these high impact business blocks and rules without having to initiate time consuming IT programming projects for each change request.

ValueMomentum is forging partnerships with innovative lending organizations that are driven to achieve full potential.

Our consultants are teaming up with lending organizations to encode high-impact decisions – loan originations, credit decisions, collections, customer relationship scoring, solicitation and segmentation and delinquency predictions – quicker. Armed with experience across processes, mastery over advanced technology platforms, equipped with innovative frameworks for business agility and leadership in pricing, decision automation, ValueMomentum teams are delivering targeted business results to its Customers.

ValueMomentum assists:

• ·         Commercial Lenders

• ·         Consumer Lenders

• ·         Mortgage firms

Having assisted several lenders, and by investing in building industry specific knowledge in the company, ValueMomentum possesses considerable experience in many processes of the Lending industries.

Please select the links from the navigation bar on the left to learn more about our industry expertise.