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Vendor
Finance Solutions : Lenders Finance
Programs
Metavante’s Vendor Financing Solution
provides lenders with access to
new markets, resulting in increased
loan volume, improved distribution,
and risk minimization.
By working with Metavante, lenders
selected as partners benefit
in the following ways:
- Access to new markets – Metavante works with manufacturers and retailers looking to establish or improve a private-label financing program. We provide the “feet on the street” and bring additional lending opportunities to our lender partners.
- Low cost origination – Credit scorecards and risk-based rules are loaded into our proprietary origination technology, thus automating the decisioning process for approximately 85% of applicants. The remaining 15% that require additional consideration are automatically routed to your underwriting department for review using the platforms embedded workflow technology. Furthermore, documentation audit services are provided by Metavante Lending Solutions to further reduce the cost of originating loans and leases.
- Extensive Reporting and Management Dashboard capabilities – Provides real-time information to lender partners regarding loaned amounts, approvals/denials, etc…allowing you to better management your portfolio.
The below graphic depicts our solution and the role lender partners play:
The below graphic depicts our solution and the role lender partners play:
In essence, Metavante provides an additional revenue stream to lenders with minimal costs.
View a sample report from Metavante's Vendor Financing Solution.
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