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
Explore how a single modern lending platform can revolutionize lending processes by consolidating multiple loan portfolios, simplifying, and streamlining SME lending and bilateral loans growth
For further information about Finastra Loan IQ Simplified Servicing, please click here.
