Teylor Technologies
Digital Loan Application with Teylor.Flow
Small and medium-sized enterprises expect digital processes that enable quick and efficient financing. However, a majority of financial institutions do not offer digital financing solutions yet.
With Teylor.Flow, you as a lender can digitize your application flow to create a more efficient lending process.
Teylor.Flow Ensures Efficiency and Optimizes the Customer Experience
SME customers submit their loan application digitally with Teylor.Flow. They enter all relevant information into a customer portal and upload the necessary documents. Contracts are prepared and signed digitally, too. Front- and backoffice advisors use an advisor portal in which they process requests quickly and efficiently.
With Teylor.Flow, banks lower their operative costs, improve customer satisfaction, and increase their competitiveness.
Virtual Demo: Get to Know
Teylor.Flow
See for yourself how Teylor.Flow works: In the virtual demo you are introduced to this solution
and can explore its various functions in a real life setting.
Benefits of a Digital Loan Application
Low
operating costs
Raise
credit volume
Improve
customer satisfaction
Increase
competitiveness
Financing Request
Digital Financing Request: Customer Focus Meets Efficiency
Your customers can request SME financing with Teylor.Flow via a digital white-label application interface. You can serve different customer segments with a dynamic modular system and offer different credit products.
Customer Portal
Customer Portal: Self-Service Loan Application
Your customers enter all information relevant for the loan application into the customer portal themselves. Master data are pulled from industry directories and prefilled. This is also where the customers upload the necessary documents. That means all data and files are directly available in digital form. The entire process of preparing and signing the contract also takes place on the portal. Analogue to the digital application interface, the customer portal is a white-label solution that can be designed according to the look and feel of your organization.
Adviser Portal
Advisor Portal: Quick, Efficient Credit Processing
The customer portal is the digital workplace of your front office staff, in which all data, information, and documents are available digitally and clearly structured. With this setup, your front office can quickly and efficiently manage and process incoming applications.
Practical Insights: How Financial Institutions Work With Teylor.Flow
From financing requests to leasing applications: There are many different ways to use the Flow Module. Our use cases provide an overview of how financial institutions work with our solution in practice.
LBBW: Digital Financing Requests for the Healthcare Professions Segment
LBBW launched a digital loan application process for SME customers in the healthcare professions segment using Teylor.Flow – in less than three months. These customers can now submit a financing request within minutes – for example, when looking to start or take over a practice – and upload all the necessary documents digitally. The processing of the request continues seamlessly through LBBW’s established systems.
akf bank and Deutsche Dienstrad GmbH: Digital Bicycle Leasing
The afk Group offers bicycle leasing for companies with the Deutsche Dienstrad GmbH via the afk servicelease GmbH. The leasing product is distributed across a partner network of about 6,000 bicycle dealers all over Germany. These partners submit leasing requests which are processed by afk employees. Previously, applications had to be put in manually, for instance via the Deutsche Dienstrad GmbH website or per email.
Today, afk bank uses the white-label portal by Teylor Technologies for the digital application process. Leasing applications can be submitted digitally via the portal now: All documents and data are prepared electronically, automatically read out with OCR technology, and translated into relevant key figures. Thanks to video authentication and digital signature the contract can be concluded digitally as well.
KREDO: KREDO: digital SME loans in Switzerland
The Swiss fintech Kredo uses the Teylor platform to digitize and accelerate the SME lending process. The platform enables Kredo to process and approve loans within minutes, making the entire process much more efficient.
The Teylor platform automates key steps such as application review and risk assessment and can be flexibly integrated into existing systems. This has enabled Kredo to reduce processing times for loan applications and create a straightforward service for its customers. The collaboration with Teylor helps Kredo to optimize its processes and increase efficiency in lending.
More about Teylor Technologies
Whitepaper
In this whitepaper, Teylor analyses the current trends in SME lending, together with Oliver Wyman,: the use of new technologies, the emergence of alternative capital providers and the growing adoption of embedded financing.
About Teylor
Are you interested in exciting news about Teylor? Visit our press page, where you will find reports, interviews, podcasts and much more.
Let's Chat!
You have questions about Teylor.Flow or are
interested in digitizing your loan application process?
Schedule a free consultation now – we are happy to advise you.
tt@teylor.com
Tian Genthner
Senior Manager Product Development
Teylor Technologies