Co-lending
Scolend, with its comprehensive LOS & LMS, is well-positioned to support and streamline the co-lending business lifecycle with a range of functionalities
Powerful Scheme Configurator
Supplement your go-to marketing strategies and
offer new Loan products
100% Replicable Databases
100% replicable databases with all your originator(s)/co-lender(s) with separate databases for each arrangement
Create Smooth Workflows
Scolend enables lenders to create smooth workflows with our proprietary
Lending Process Designer Engine (LPDE)
The Scolend Advantage
Manage co-lending loans, comply with regulatory requirements, and drive loan book growth
Supports Multiple Interest Schemes
Offer Borrowers fixed rate, floating rate, tranche-based fixed rate, and hybrid rate of interest with Scolend
Supports
Term Loans
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)
Supports
GL Set up
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.
Set Loan Document for each product
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.
PAN Validation & NACH Mgt
Scolend interfaces with
CIBIL, NeSL, NSDL (for PAN Validation) and NACH management
360° View of the application
Enables quicker decision making with 360° view of the loan application and related information in one place
Smart NPA Management
Scolend also provides data for
smart NPA management by the lender
Explore our other suite of Products
Everything you need for your lending business!