RUN-A-LOAN – The superior loan management solution for lenders

In the fast-paced world of finance, efficient loan management is crucial for both lenders and borrowers. Enter RUN-A-LOAN, an innovative software solution designed to streamline and enhance the loan management process.

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What is RUN-A-LOAN?

RUN-A-LOAN is a flexible loan management system tailored for lenders. It offers a robust platform to manage the entire loan lifecycle, from application to repayment.

The software’s user-friendly interface and advanced features make it an indispensable tool for lenders.

The system caters for micro-loans, payday loans, short-term loans and other loan types.

Key Features

1. Automated Processing: RUN-A-LOAN automates key tasks such as loan origination, underwriting, and servicing, reducing manual effort and minimizing errors.
2. Compliance Management: The system assists compliance with regulatory requirements, helping lenders avoid compliance issues.
3. Regulation 19 (13) of the National Credit act: The system automatically submits data in the prescribed format to the credit bureaus via SACRRA’s data transmission hub.
4. Multiple origination paths:
   • Customer Web Portal – Fully branded web app for clients to apply for and manage loans
   • WhatsApp – Your own WhatsApp number for clients to apply for and manage loans
   • USSD – Enable transactions from all cellular phones via a USSD interface.
   • Lead providers – Lenders can integrate with lead providers through APIs or direct links.
   • Customisable APIs – Connect with various external systems using built-for-purpose APIs.
   • In-person applications – Process face-to-face applications easily and professionally.

RUN-A-LOAN also offers a user-friendly design that enables your business to capture and gather client data easily for superior loan vetting and administration.

This includes the ability to pull bank statements directly from the client’s bank and verify an applicant’s identity and status with Home Affairs.

RUN-A-LOAN integrates with credit bureaus, too, and has a built-in affordability calculator that uses the National Credit Act’s (NCA) minimum expense calculations.

Your customers can repay you through DebiCheck debit orders, EFT-type debit orders, and salary deduction collections thanks to RUN-A-LOAN’s integration with various third parties.

Benefits for Lenders

• Efficiency: By automating routine tasks, lenders can focus on strategic activities, improving overall productivity.
• Accuracy: Reduced manual input lowers the risk of errors, ensuring more accurate loan processing and reporting.
• Customer Satisfaction: Faster processing times and transparent communication enhance the borrower experience.
• Scalability: The platform grows with your business.
• Excellent Support: RUN-A-LOAN offers top-notch customer support, ensuring any issues are promptly resolved and providing ongoing assistance to maximize the software’s benefits.
• Registered SACRRA ALG: Easier on-boarding and lower costs for regulatory data submissions
• Cloud based: Fully managed and hosted system.

The RUN-A-LOAN advantage

RUN-A-LOAN stands out as a game-changer in the loan management industry.

Its blend of automation and ease of use helps lenders operate more efficiently while providing a better experience for borrowers.

For a lender looking to stay competitive the range of onboarding methods will ensure excellent growth for your business.

Whether you want to offer payday loans, micro-loans or other types of lending products, RUN-A-LOAN will manage your systems and deliver superior service to your clients.

Grow your lending business to new heights with RUN-A-LOAN.

Click here to learn more about RUN-A-LOAN

RUN-A-LOAN is a Calidad Technology Product.