Online Loan Application
Project Overview
Upgrading an existing system with technology that allows the entire process of applying for a loan to take place online through a website and or from a mobile phone, with monitoring of all work processes during approval and notification to the applicant.
Provided Services
Web Development
Front & Backend Dev
Database Development
Application Modernization
Challenge
- Collecting any kind of application (requests) is not a pleasant experience. Whether it’s applying for a loan, financing a new car, or buying a house – all documents are complicated and sometimes confusing. Financial company BS, had a request to modernize and improve the method of application for both individuals and legal entities, enabling the entire process to take place through a website and or from a mobile phone, without a physical presence on the bank’s premises.
Solution
- The existing system for financial companies, which was developed by Foxit, was upgraded with services and technology that allows the entire process to take place “Online”, with monitoring of all work processes during approval, granting of the request, and notification to the requester.
Features
Possibility for the loan applicant to apply online
The request is automatically forwarded to the bank service
Approval and notification of request status
Checking the creditworthiness of the applicant, and analysis of the financial situation
The request is automatically forwarded to the service in the bank.ao Notification to the requester as soon as possible about the status of the request
Technology Used
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