Unlock the full potential of your SME lending operations with Aurachain solution, streamlining everything from loan origination and approval to risk analysis and monitoring. In a world where time is money, your clients can’t afford to wait. Aurachain redefines digital lending by turning slow, manual processes into a seamless experience, reducing approval times by 75%, eliminating errors and putting you ahead of the competition in the corporate banking lending space.
The Challenge: The $1 Trillion SME Credit Gap
As a financial institution, you know that Small and Medium Enterprises (SMEs) are essential to global economies, representing 95% of all businesses and contributing over 50% of jobs worldwide. Yet, SMEs face a $1 trillion credit gap, according to the World Bank, preventing many of them from securing the business loans they need.
Why?
Traditional SME lending processes are slow, manual and outdated. Banks struggle with inefficient workflows, extensive documentation, and prolonged eligibility checks that complicate the loan application processing stage and slow down the overall lending process. This results in delayed access to capital, inefficient operations and declining customer satisfaction.
The Solution: Digital Transformation with Aurachain
Aurachain’s SME Lending Solution powers a truly end-to-end digital lending process by delivering a fully automated and orchestrated workflow reduces approval times, mitigates risk and streamlines the entire business lending experience.
Here’s How We Do It:
Instant Integration:
Seamlessly connect your bank’s systems to our platform, enabling real-time access to customer data and starting the loan process instantly.
Digital Processes:
Eliminate manual processes like document checks and approvals. Aurachain automates these processes, allowing your team to focus on higher-value tasks.
Real-Time Notifications:
Keep both your team and your customers informed with automated, real-time alerts, ensuring smooth and transparent progress at every stage of the lending process.
Take the Next Step: Download the Solution Brief
Discover how Aurachain can transform your bank’s SME lending process and accelerates your journey toward fully digital lending. Download our solution brief to explore the full potential of low-code automation and intelligent orchestration and learn how to streamline operations, improve efficiency and deliver faster results for your customers.
Real-World Success: See the Results in Action
A major EU bank used Aurachain’s platform to revolutionize its SME lending process:
of the time typically spent on eligibility checks was saved.
The bank reduced human errors to zero, ensuring accurate credit decisions.
Customers received loan approvals in days instead of weeks, vastly improving their experience.