Transforming finance: Revolutionizing SME and bilateral loans processing
Watch our exclusive on-demand webinar, presented in partnership with Celent and IBM, and explore the pressing challenges in loan servicing and the benefits of a modern lending platform.
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Small and Medium Enterprises (SMEs) are the backbone of our economies. It is well known that their supply chains contribute up to 90% of global business.
Despite their significance, SMEs face many challenges, including:
- Time management
- Capital and cash flow
- Reduced revenues
- Increased and rising costs
- Budget restrictions
As SMEs increasingly demand a ‘retail/consumer’ lending experience with 24/7 digital services, understanding their considerations is crucial for the business relationship. They require access to credit for continued business operation and survival. However, financing is a complex journey, and their existing loans need to be serviced with ease, accuracy, and efficiency.
Watch Finastra’s expert on-demand session, alongside fintech experts from Celent and IBM to learn more on:
- The SME lending landscape and challenges
- Borrowers’ needs and their impact on financial institutions
- Challenges in streamlining SME and bilateral loans
- Addressing and leveraging opportunities
For further information about Finastra Loan IQ Simplified Servicing, please click here.
