The product has the vast majority of the functionality right out of the box, was easily integrated with a credit agency to pull FICO scores and the support team did an outstanding job making our requested customizations.
eny Finance is fully satisfied with the Turnkey Lender solution and its reliable team. I’m happy to recommend Turnkey Lender lending solution and services.
We evaluated many systems and are happy to have chosen Turnkey Lender.
For me, as the owner of a start-up lending company, it was a little unusual to use this type of product for my business. But, as they say, "Time is money!" That's why it is important for me to use a solution like Turnkey Lender.
We evaluated many systems and are happy to have chosen Turnkey Lender.
For me, as the owner of a start-up lending company, it was a little unusual to use this type of product for my business. But, as they say, "Time is money!" That's why it is important for me to use a solution like Turnkey Lender.
eny Finance is fully satisfied with the Turnkey Lender solution and its reliable team. I’m happy to recommend Turnkey Lender lending solution and services.
The product has the vast majority of the functionality right out of the box, was easily integrated with a credit agency to pull FICO scores and the support team did an outstanding job making our requested customizations.
Trusted by users:
Certified:
Opportunity
Telecommunication finance software: 24% finance their cell phones
Telecom providers are searching for ways to improve flat average revenue per customer, and mobile financing can be a productive opportunity. 24% of consumers already finance their new smartphone. In the near future consumers will expect to finance their mobile devices, and they’ll feel comfortable with the process. Telecom providers who don’t offer POS financing will lose substantial sales. In fact, 42% of consumers say they’re more likely to shop at the retail location where they can finance their purchase.
Obstacle
Financial technology is required equipment
Big telco companies armed with sophisticated financial services technologies will push the smaller organizations out of the business. In order to succeed you must offer fast, easy financing options at checkout. Or a mobile-only application process.
Solution
Fintech award winning mobile loan software system
Turnkey Lender delivers a fully managed, cloud-based mobile loan platform that’s regulatory compliant. Our award winning system includes advanced application processing to approve new accounts instantly at check out. And our proprietary credit scoring model ensures each account is priced correctly for your level of risk tolerance. This program is easy to install, and easy for everyone to learn and use. The automated account management system tracks monthly billing, including secure online payments from mobile devices. Turnkey Lender integrates with your database of customer usage patterns to fuel “pre-approved” up-sell and cross sell promotions. Premium offers that increase customer loyalty, reduce churn, and improve revenues and profits. And you can choose to add alternative scoring vehicles via APIs from our Turnkey Lender library, which enhances your ability to accurately profile buyers with thin credit history.
Fully automated telecom financing software
Best practice workflows
Turnkey Lender’s customizable workflows allow you to adjust decisioning flow and business rules.
Advanced credit scoring
Your software comes out-of-the-box with a generic scoring template that evolves over time through machine learning. Alternative scoring models are easy to install with APIs.
Credit decision analytics
It is important to take a step away and analyze decisions. We provide all sorts of analytics so you can review and improve your credit risk strategy. See it for yourself with the free trial!
Advantages compared to other telecommunication finance software:
Time to market
With Turnkey Lender you will optimize portfolio yield by working only with the most profitable customers. Predictive models will help you identify best rate and loan term.
Increased operational efficiency
Act fast by taking the right decisions, supported by artificial intelligence. You’ll see fewer manual reviews and more first pass approvals.
Modular architecture
Turnkey Lender works as a web app, so you can log in from anywhere and work on processing loan applications. There is no need to manually install software on all the desktop computers of your team members.
Powerful credit decisioning
Our clients use our software for a payday loan, student loans, auto loans, crowd sourced and peer-to-peer loans. We support micro lending in emerging economies and engage in complex credit bureau eco-systems.
IT support and customer service
We offer full technical support and we are always here to answer any questions. Our experts will guide you through every step of set up and customization process.
Fraud prevention
Our product is built out of units. You can start small and extend functionality later on. As you grow, the tool will grow with you! Modular approach makes us affordable for solo online lenders and mid-size financial institutions.
Industries we serve
On average, here is the difference Turnkey Lender made for our clients:
has grown by
283%
has grown by
49%
has grown by
67%
origination, underwriting, collateral, servicing, collection and reporting. Request a Demo
from Turnkey Lender Blog
Will your lending program be GDPR compliant by May?
General Data Protection Regulation (GDPR) goes into effect on May 25, 2018. That’s just three short months away, and most companies say they aren’t ready. According to survey results published by Ovum, two-thirds of global companies believe they’ll need to change their business strategy to conform to new security guidelines. And half the businesses governed by GDPR believe they’ll be fined for non-compliance.
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