Microlender Outperforms Competition By Using Intelligent Automation


Purchased product

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Background/Opportunity
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Solution
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Results
With under a year since its Turnkey Lender integration launched, MoneyManagers has become the most convenient, user-friendly lender in their market. The company uses a custom credit score model, and TurnKey Lender has adjusted its default scorecard to suit Money Manager’s needs; the resulting solution provides automatic risk evaluation.
While their competitors are all still using outdated paper- or Excel-based work processes, Money Managers has the most automated, streamlined microlending experience in the Bahamas. They utilize TurnKey Lender’s automation, intelligence, and convenience to reach new audiences, boost business growth, offer better service at better rates, and spend less on operations while maintaining a lower risk profile.
Thanks to advanced analytics, management is able to easily track portfolio health, delinquency status, and the accuracy of the general ledger. Month after month, the company is seeing 7 percent to 10 percent growth, and the ongoing trend looks optimistic.
Testimonial
Thanks to TurnKey Lender’s automation, we are by far the most convenient solution in our market. Every customer says that it’s the easiest lending
experience they’ve had.
Patrick McFall
President