We have the honor of sharing the experience of one of our esteemed clients, a reputable Non-Banking Financial Company (NBFC) that specializes in catering to women entrepreneurs from economically marginalized backgrounds, who require loans for income generation. With a monthly customer base of approximately 25,000, the NBFC operates with a robust workforce of over 1100+ employees and has an extensive network of more than 150 branches located across seven states in India. The NBFC encountered numerous challenges with their loan application process, such as a cumbersome credit underwriting process, which was both confusing and time-consuming. Additionally, manual validation and verification of documents further impeded the process, resulting in longer turnaround times (TAT) and decreased operational efficiency. But everything changed when they discovered Lentra. Our solution instantly caught their attention as it promised to streamline their decision-making and loan onboarding process while integrating seamlessly with their existing software. Plus, they needed a SAAS model solution with API integration options and the ability to deploy quickly, which we provided. With BREx, our modular credit risk decisioning system, they were able to make credit decisions three times faster, resulting in a 25% increase in loan volume, all with the same staff and existing arrangement. Their ROI skyrocketed, and they are now exploring our other products to further enhance their operations. With Lentra, our clients can experience significant improvements and maximize their potential, just like our NBFC client.

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