Creditonline Blog

Is it more cost-effective to have loan origination software built in-house or use external software?

Despite the leasing industries boom over the last few decades it is clear that the administrational side of the otherwise highly profitable business is lagging behind. One of the main reasons for this is the sheer workforce required to cater to the demand of the influx of new clients.

Top FIVE Mistakes Eradicating Start-up Fintechs.

How Lending Fintech Is Helping Businesses Manage Their Cash Flow Challenge?

When it comes to starting out your Loan Business it can, especially in the beginning, be a tedious and slow process. The record keeping gets too much even for the biggest firms and the amount of work force that you need to keep the larger business running is simply unsustainable. This is why there are companies across the internet that offer Loan Software Solutions.  

With the passage of time it is no longer news when a new payment method comes onto the Market. Although payment methods like Klarna may still sound like a novelty an estimated 15 Million adults of all ages are using this form of credit. This shows an increase of 2 million from last years statistics.

When considering possible improvements that CreditOnline can make to your business it is difficult to narrow it down to only three ways as quite frankly speaking, with the modularity that our software offers, we can improve the efficiency of your business in countless ways completely tailoring the software into a perfect fit for your business. 

We are proud to announce that our software has the potential to be PCI DSS compliant. The PCI DSS means that the Payment Card Industry Data Security Standards have been met by both the technological and administrative sides of a business.

Factoring is a common strategy used in business to help accelerate cash flow. If you are considering offering factoring, it is good to know what it will mean for you and your customers. At CREDITONLINE we offer a reliable factoring software system that allows you to successfully provide all factoring services.

Businesses can benefit an immense amount from using API’s. We have therefore broken it down into 6 sections to better explain how our API can be of use to your business.

We are proud to announce that our software has the potential to be PCI DSS compliant. The PCI DSS means that the Payment Card Industry Data Security Standards have been met by both the technological and administrative sides of a business.

Beginning November 10, 2021, the European Parliament and European Council regulation on European crowdfunding business service providers will come into power and will bring fundamental changes to the EU’s crowdfunding market. Starting November 10, a company with a crowdfunding licence in any EU country will be able to offer crowdfunding services across the EU. This means that crowdfunding companies established and licensed in Lithuania will be able to serve the entire EU market.

There are a long list of reasons as to why you should use a loan management system, however for the purposes of this blog we have selected 5. Our 5 reasons include improving efficiency, maximising revenue and reducing risk.

We know that customer service is one of the most important aspects when working with a software company. At CREDITONLINE we offer a range of customer service options to ensure you and your business can run at optimum performance.

A Loan Management system such as CREDITONLINE can be very useful to companies of any size. In this blog we will detail just some of the ways a loan management system can benefit your business.

Since the existence of mankind we have always been looking for ways to better older systems and move towards more efficient, functional and smarter technologies.

In recent years there has been a digital boom, everything from shopping to watching television has moved online. The lending industry has followed the same trend and a range of new digital lending products have entered the market. In this blog we will detail what digital lending is, what the benefit of digital lending are and also make a comparison between digital and traditional lending methods.

With years of experience in the lending industry, our dedicated team are committed to providing the highest quality customer service and products. We know that trusting a company with your data can sometimes be a scary prospect, but our team work to international standards of best practice and we uphold these standards in-house on every project we work on.