Lending Origination

Lending at the speed of now

ASAPP is all about streamlining processes to dramatically enhance member and customer experience. That certainly holds true with ASAPP’s loan auto-decisioning capabilities, which allow real-time approvals. They can be created and configured in minutes to give the ideal loan amount and subsequent risk-based interest rate. Plus, lending approval and rate matrices can be configured separately and include decision logic for even deeper insights.

 

lending roadmap
lending origination

REAL-TIME LENDING ORIGINATION

ASAPP’s Innovative Lending Decision Engine – allows for your credit department to apply its lending criteria in real-time, and make lending amount and rate decisions in at an individual applicant level. ASAPP includes separate approval and rate matrices, each with multiple variables (ex. GDSR, TDSR, Beacon, and Income) and unlimited tranches, allowing for fast, flexible and comprehensive lending decisions for retail and small business.  That means your credit department can manage specific criteria at a local level to reduce lending escalations and one-off approvals

RETAIL AND BUSINESS LENDING

ASAPP facilitates retail (personal) and business (sole proprietorships, partnerships, corporation, and unincorporated entities) lending

 

lending workflow

STREAMLINED LENDING PROCESSESS

ASAPP offers a semi-autonomous staff workflow process for lending origination and fulfilment

SELECT AND APPLY FOR MULTIPLE PRODUCTS

ASAPP is the only account and loan origination solution that allows financial institution members and customers to open multiple product accounts during the same interaction. Instead of opening a single product, ASAPP allows multiple purchases across various product categories including demand deposits, savings accounts, investments, loans, lines of credit, and mortgages. 

core banking system integration

CORE BANKING SYSTEM INTEGRATION

ASAPP is Canada’s only fully responsive, hosted AOS / LOS solution that directly integrates with the DNA deposit and lending origination APIs

DOCUSIGN® ENABLED E-SIGNATURE

ASAPP is fully integrated with DocuSign® for digital signature capture, and the capability to license unlimited DocuSign® envelopes directly through ASAPP

identity authentication

IDENTITY AUTHENTICATION

ASAPP is integrated with Equifax® to maintain FINTRAC compliant identity verification procedures. This integration also allows you to implement strong fraud and risk monitoring tactics, and provides a reliable source of credit history information

GOOGLE ANALYTICS ™

ASAPP includes advanced Google e-commerce integration that allows for calculations such as ‘Return on Marketing Investment’ (from digital advertising channels) so you can identify the contribution margin from specific lending campaigns

lending decisioning

SECURE LENDING DECISIONING

ASAPP includes a full change log that includes audit tracking at a product and lending configuration level. That means even lending exceptions have a detailed change log to identify what criteria was adjusted to result in a lending approval. The result— minimal approval uncertainty and complete transparency with respect to lending decisioning

MANAGE YOUR PRODUCTS AND RATES

ASAPP includes deep configurability, including custom promotional pages to drive directly to products, configuration of themes, colours, copy, forms and products. All without requiring the use of ASAPP resources

With an ever-growing need for a digitally immersive environment, financial institutions need to establish new member and customer processes that deliver the digital service they demand — providing real-time access to targeted products.  ASAPP is here to revolutionize your customer lending experience, and we welcome you to contact us so we can show you the positive impact this technology can have on your bottom line.