Powerful Scheme
Configurator
1
Supplement your go-to marketing strategies and
offer new Loan products
Scolend for all Loans
3
Scolend supports term loans (both for fixed EMI – variable tenure & fixed tenure – variable EMI), revolving limit loans with tranche disbursements, and supply chain finance (dealer and supplier finance with relevant exposure limits)
Make your Co-lending
ambitions a reality
Scolend enables 100% replicable databases with all your originator(s)/co-lender(s) with separate databases for each arrangement.
2
Supports Multiple Interest Rate Schemes
4
Offer Borrowers fixed rate, floating rate, tranche-based fixed rate, and hybrid rate of interest with Scolend
Set Loan Document Scheme
for Each Product
5
Scolend assists with setting up the Loan document scheme for each product, as defined by borrower type & geography. Our Document Manager module is developed to collect documents stage-wise and ensure strict compliance - Smartly.
Implement Credit Models effectively to Eliminate Risk
7
Scolend’s Domain Rule Engine (DRE)
facilitates the implementation of credit models.
360° view of the
loan application
9
Scolend helps credit approvers by offering a 360° view of the loan application and related information in one place, thus enabling quick
decision-making.
Create Smooth Workflows
6
Scolend enables lenders to create smooth workflows with our proprietary
Lending Process Designer Engine (LPDE).
PAN Validation and
NACH Management
8
Scolend interfaces with
CIBIL, NeSL, NSDL (for PAN Validation) and NACH management using CHASSIST
(Subject to approval from respective service providers).
10
Smart
NPA management
Scolend also provides data for
smart NPA management by the lender
Scolend Supports GL Set Up
11
Scolend supports GL set-up for managing the originator and the co-lender relationship. The embedded powerful distribution engine seamlessly allocates principal & interest, income & expenses as defined in the respective schemes.
Explore our other suite of Products
Everything you need for your lending business!