Corona crisis drives digital loan application - Collenda

Corona crisis drives digital loan application

13 July 2020

During the Corona crisis, many small and medium-sized enterprises had to wait up to eight weeks for the payment of aid funds or loans. This exceptional situation has shown that manual processes are still common practice at many banks. In particular, digital credit application processes are often still insufficient or in some cases even non-existent.

Our Product Owner for Collenda’s Loan Origination solution, Christian Piller, explains in a guest article on springerprofessional.de how an end-to-end digital loan process solution not only ensures significantly faster processing and turnaround times, but also forms the basis for long-term, trusting customer relationships.

Read the full article in German here:

 

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