Loan Management Solution (LMS)


Break free from loan management bottlenecks. Automate loan management process from loan creation to loan accounting with cutting-edge technology based on the cloud.


Manage Your Clients

Effectively manage your lending with smart digital tools geared towards securing
your business and improving clients’ lending experience.

Loan Origination system

Automate and manage your loan application and disbursal process. Easily gather clients’ data such as ID proof, employment status, credit score, certificates showing income status, previous loans records, and bank statements. An automated verification system underwrites loan applications, makes credit decisions, and performs quality checks based on data. Approve loan once client meets satisfactory status.

  • Automate client's data collection
  • Digital verification of client's information
  • Automated underwriting process
  • Automated credit decision process
  • Quality checks
  • Easily integrate third-party solutions to the loan origination system

Loan Servicing

Spotbanc loan servicing system lets you automate all loan activities after funds are distributed to the borrower. This includes dealing with clients' information updates, calculating interest rates and fees, notifying borrowers of payments due, and automatically collecting payments.

  • Automated debt collection system
  • Reduce servicing costs
  • Track payments, account statements, and collaterals
  • Notify borrowers of payment due dates

Debt re-factoring

Spotbanc is enriched with debt re-factoring capabilities for managing the purchase, collection, or resell of debts collected. Easily buy delinquent or charged-off debt at a fraction of the debt's face value, track and manage debt collection or resell all or portions of the debt. Spotbanc flexibility allows you to perform a combination of these actions.

  • Debt purchase
  • Full access to debtors' data
  • Automated debt collection system
  • View debtors’ payment history
  • Track communication between your employees and debtors
  • Flexibility to retain or resell debt collected

Accounting, reporting, and analytics

A complete financial engine for monitoring loans created repayments and cashflows. Track real-time transactions, instant account settlement and reconciliation, auditing, interest rates, and financial statements.

Get valuable analytical insights into business and marketing data such as clients’ profiles, conversion rate, company turnover, and more with our in-built analytics tool. Reports are comprehensive yet modelled to give you the full picture of how your business is doing.

  • Loans and repayments status
  • Comprehensive turnover reports
  • Transaction reports (detailed and summary).
  • Account reconciliations.
  • Account statements per client.
  • Financial statements for audits and tax authorities.
  • Marketing metrics (detailed and summary).

Loan Repayment Schedule

Spotbanc's loan repayment schedule enables your clients and employees to track and manage periods of loan repayment. Loan information is broken down into principal, interest, and other elements in the amortization schedule. Your clients are notified days ahead of the repayment due date with options to pay before due dates. Manipulate interest rates for early and late payments.

  • Loan repayment notifications
  • A comprehensive breakdown of loan information

Multiple Currencies and accounts

Spotbanc enables your support and manage over 150 currencies on your platform, allowing clients the flexibility to issue loans in different currencies. Clients can create as many accounts and sub-accounts on your platform as they need and work with as many currencies per account as you make available.

Clients may transfer value between their accounts and make payments to others directly, taking advantage of foreign exchange functionality.

  • Supports over 150 currencies.
  • Multiple currencies avail users full FX advantages.
  • Sub-accounts are sorted for convenience.
  • Auto-sweep account feature.

Enable your Business

The bespoke system features to empower your business

System Security

Spotbanc boosts bespoke digital security features. Prevent unauthorized access to tools and databases using top-notch security technologies. On the admin end, you can flexibly distribute access rights to managers and employees to restrict out-of-scope access to information. The system checks logins from unknown IP addresses and monitors server logs data.

  • Secured hosting
  • IP whitelisting
  • Access alert
  • Transaction alerts
  • Fraud detection analyser

AML/Compliance

Smart risk-management tool for ensuring your business remains compliant. Monitoring clients' financial operations to prevent fraud, money laundering, illicit trading, tax evasion, terrorism financing, and any activity that might damage your business. Easily set up country-specific compliance rules.

  • Setup Transaction AML rules and auto eKYC checks
  • Setup Workflow (Both compliance pass/failure)
  • Fraud detection & Analyser (Identity theft, Structuring, Duplication document check)
  • Transaction
  • Global and country-specific KYC/AML rules
  • Suspicious Transaction reporting
  • Global sanction screening
  • Watch List Support (Blacklist/Whitelist)
  • View customer KYC and AML reports alerts

Setup Charges

Easily set up fees (fixed or percentage-based), taxes, commissions, and other banking specifics settings. Charges can be set based on characteristics such as location, transaction volume, amount, and more.

  • Fixed or percentile fees.
  • Flexible pricing structure.
  • Set risk-levels.

Multi-Administration

Our system supports multiple administrator accounts, with different functions and authorization levels. Assign roles and duties to managers and employees with different access levels ensuring maker-checker. Manage assigned roles and access and review managers’ performance.

Customers can be categorized into different profile groups, allowing multiple schedules for different client types.

  • 5 authorization levels.
  • Maker-checker principle.
  • Review the overall performance of administrative staff.

Comprehensive Support System

Enjoy 24/7 customer support from our team of experts spread across different countries. We are always available to attend to your requests at all times of the day, irrespective of your location. Get unrestricted access to explainer videos and blogs on platform functionalities and industry insights from our content team.

Customer Relationship Management (CRM)

A unique administrative tool to manage corporate clients better. View top-performing clients’ reports, provide support for microloans and set up fees per client.

  • Top-performing reports
  • Customers Wallet Management
  • View customer transaction history
  • Request information from customers via Email & SMS notification
  • Address Verification Support
  • Add Beneficiary/Sender to a watch list (black/white list/watch list)
  • View customer-uploaded document
  • Electronic and Manual ID verification

Interest rate management

The platform enables you to set up earnable interest rates and commissions for clients depending on the amount clients hold in their accounts. Great for encouraging clients to increase deposits or balance holdings with your platform, or for rewarding outstandingly performing clients.

Scheduled and Recurring Payments

Clients can easily schedule payments for executions at a later date and time or automate recurring payments. Our system allows adjustments of scheduled payments before due dates. Clients can arrange staff payroll, incentives, and bonuses, pay suppliers and distribute commissions.

  • Schedules payments
  • Automate recurring payments
  • Manage payrolls, entitlements, and incentives
  • Manage payments to external persons or organizations

Web and Mobile application

Spotbanc ensures your application is accessible through the web via any browser. The system also provides a custom-made mobile app (iOS and Android) for clients to perform all transactional and operational activities. Clients enjoy your full services through any channel accessed based on our omnichannel banking system. Easily customize your web or mobile app interfaces to achieve your preferred look and feel.

  • Internet banking capabilities
  • iOS and Android
  • Perform transactions
  • Manage accounts and balances
  • Communicate with clients via an inbuilt support system
  • No need to integrate external customer support software

Branding

Spotbanc gives you the flexibility to customize your application, applying your preferred brand colour, logo, font type and size, and background image. Complete freedom to achieve your branded look in no time. Easily modify or change your product branding at any time.

  • Background image upload
  • Colour settings
  • Font Settings
  • Logo Upload
  • Custom Login Page

Concise API

Spotbanc complete APIs let you automate all kinds of payment systems and banking capabilities. Complete flexibility to customize anything on your platform resting on our APIs. Easily integrate with clients' financial systems or third-party solutions.

  • Webhooks are sent to the payment providers or merchants when certain API functions are executed
  • Accounting systems
  • Payment hub
  • Integrate with partner banks
  • Integrate with partner banks

Get Started in 4 Steps


1

Contact Us

Message us. Tell us a bit about your project.
2

Application Demo

We demonstrate SpotBanc’s capabilities to you.
3

Contract & Invoicing

The contractual agreement between your team and ours.
4

Setup

We set up, test and evaluate SpotBanc within days.



Ready to Launch?


Schedule a call and let our experts answer your questions regarding SpotBanc capabilities. There’s so much more inside.