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Description
Transform your retail loan origination procedure by adopting an adaptable and responsive consumer lending application that is integrated within our digital transformation framework. This will enhance the digital experience while providing automated underwriting, immediate decision-making, and streamlined exception management. Achieve a seamless, straightforward loan disbursement process for all financial products, including credit cards and personal loans, entirely free from manual interference. Harness digital collaboration for high-touch loans, such as HELOCs and home equity loans, to ensure quicker turnaround times. Make use of a real-time dashboard to monitor processes, pipelines, and overall productivity effectively. By automating every aspect of consumer loan origination—from loan requests and underwriting to decision-making, closing, and booking—you will create a completely paperless environment. With this lending platform, you can expect straight-through processing that leads to faster loan approvals and disbursements from financial institutions, ultimately enhancing customer satisfaction and operational efficiency. Embrace this innovative approach to streamline your lending operations and stay competitive in the evolving financial landscape.
Description
VIVA Finance operates a mobile-focused lending platform that primarily assesses loan eligibility based on employment details rather than traditional credit scores. The organization aims to foster a more inclusive financial ecosystem by broadening access to reasonably priced credit through its unique underwriting approach. Since its inception in early 2019, VIVA has assisted thousands of individuals in refinancing high-interest debt and addressing various financial challenges. The platform offers affordable, salary-linked loans designed to help employees navigate unforeseen expenses and alleviate burdensome debt. Additionally, VIVA provides financial coaching and educational resources to empower employees in managing their personal finances effectively. By improving credit scores and encouraging savings, VIVA enhances the overall financial health of its users. The company extends unsecured personal installment loans of up to $10,000, with annual percentage rates (APRs) typically ranging from 11.99% to 32.75% and terms lasting between 5 and 24 months. With a commitment to supporting financial well-being, VIVA Finance continues to innovate and adapt its services to meet the evolving needs of its clientele.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Newgen Software
Founded
1992
Country
United States
Website
newgensoft.com/solutions/industries/financial-institutions/lending-loan-origination/consumer-retail-lending/
Vendor Details
Company Name
VIVA Finance
Founded
2019
Country
United States
Website
viva-finance.com/#/employers
Product Features
Loan Origination
Amortization Schedule
Audit Trail
Closing Documents
Compliance Management
Customer Database
Digital Signature
Document Management
Fee Management
Loan Processing
Online Application