SME Lending Infographic - Building Technology Bridges

Maximize Value Across the Entire Customer Lifecycle

Building Technology Bridges HOW TO DELIVER FAST, ACCURATE, ACCESSIBLE SME LENDING

Across the globe, Small and Medium-Sized Enterprises (SMEs) are driving innovation, contributing significantly to GDP, and creating jobs in every sector in every market.

90 % Businesses that are SMEs

50 % SME-provided employment

So why are lenders leaving $5.2 trillion in SME funding opportunities on the table?

With traditional SME lending…

40 % 33 hours it takes up to

of SMEs can’t get the funding they need

to complete loan applications

Why is it so hard for lenders to meet the high demand for SME funding?

Traditional lending has a technology gap

TRADITIONAL LENDER Complex, paper-heavy application process Extensive documentation required with time spent aggregating all critical data

Manual processing and underwriting of risk decisions Approval and funding can take upwards of 10 weeks or more.

DIGITAL LENDER Simple application process and onboarding Automated decisioning with integrated data

Rapid approval by intelligent decisioning Funding received quickly – in some cases less than 24 hours

To close the funding gap, we need to close the technology gap

TRADITIONAL LENDER

DIGITAL LENDER

10 WEEKS to funding

24 HOURS to funding

1. Application 2. Submit Documentation 3. Manual Processing 4. Approval

1. Application 2. Automated Decisioning 3. Approval

Build technology bridges to deliver fast, accurate, and accessible SME lending with this risk solution checklist:

 Automated Decisioning • Streamline complex applications for rapid approval • Mitigate risk of default and fraud • Scale automatically with your business  Robust Data Integration and Orchestration • Evaluate risk accurately across fraud and identity • Access and integrate diverse data sources into your workflows at the right time • Automate compliance and regulatory checks

 Intelligent Insights

• Personalize offers in real-time • Visualize performance across the decisioning ecosystem • Test, deploy, and optimize models  Fast, Agile Platform • Rapidly change processes with drag-and-drop UI • Reduce reliance on IT and outside vendors • Improve agility and easily adapt to market changes  Future-Proof Decisioning Technology • Iterate regularly for optimal performance • Develop new, market-leading functionality • Integrate new technology as it emerges

Ready to bridge the gap to better SME lending?

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