In addition to helping leading NBFCs and banks optimise their lending lifecycles and processes, Finezza is also helping small businesses get access to credit in an efficient manner. Small and medium enterprises (SMEs) are the largest employment generators in the country with more than 40% of the total workforce employed by it. Since the sector […]
What Makes Finezza the Perfect NBFC Loan Management Software?
Finezza is an enterprise lending platform that aims at easing financial analysis and decision support for lending and fintech firms. It is built to provide customized solutions to all fintech lending companies looking at an AI-driven growth trajectory in the near future. Finezza creates a seamless experience for customers right from origination to servicing of […]
What Does RBI’s New Liquidity Framework Mean for NBFCs?
Recently, the Non-Banking Financial Corporation (NBFC) sector, that services a significant portion of the credit needs of corporate India, suffered miserably due to the lack of liquidity. Due to the massive collapse of the IL&FS group, the financial markets slumped and hit the NBFCs hard. As a result, traditional banks stopped taking fresh exposures on […]
Decoding the RBI restrictions on Customer’s Credit Data & How it impacts the lending process for NBFCs
Projections indicate that the credit demand in India is going to be worth $1.41 Tn by 2022. The growth rate in credit demand is estimated to be 3.73% between FY17 and FY22. The flourishing credit landscape has led to the growth of multiple lending startups in the country. Add to this, numerous other tech companies […]
Co-Lending: What is it? How it Works? How Will NBFCs Benefit From It?
By definition, co-lending is when a fintech firm comes together with a traditional lender, to disburse loans. The association allows fintech firms to source clients, perform credit appraisals and disburse a small part of the loan amount. On the other hand, the co-lending arrangement enables a bank to give out the more substantial chunk of […]
What Constitutes A 360-Degree View Of The Prospect And How It Helps In The Lending Process?
Both lenders and borrowers are stressed during the lengthy loan origination phase for their own selfish reasons. The time and resource-consuming phase of loan processing often leave borrowers impatient and desperate. However, lenders loathe loan origination for the painstaking amount of time that goes into paperwork assortment, document verification and manual evaluation. The new wave […]