Micro, Small, and Medium Enterprises (MSMEs) are vital to economic growth, driving innovation, and creating jobs. However, they often face significant challenges in accessing the credit necessary for expansion and sustainability. Traditional lending models frequently fall short in addressing the unique needs of MSMEs due to the lack of structured data. Enter AllCloud’s Unified Lending Technology, designed to transform MSME lending by offering tailored solutions that bridge the credit gap effectively.

Understanding the Unique Needs of MSMEs

All MSMEs are not alike, and their diverse needs require a more nuanced approach to lending. Recognizing this, AllCloud offers customizable lending solutions that cater to the specific requirements of different MSMEs. Our technology is designed to adapt to various business types, ensuring that each enterprise receives the support it needs to thrive.

AllCloud’s Cutting-Edge Lending Technology for MSMEs

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Composable Loan Origination System (LOS)

Our LOS is built to seamlessly handle the entire loan lifecycle, from initial lead capture to application processing and disbursement. This composable system allows lenders to customize workflows and optimize processes to meet the unique demands of MSME lending.

Scalable Loan Management System (LMS)

Managing MSME loans, both term and non-term, requires a robust and flexible system. AllCloud’s LMS is designed to handle these complexities, providing a scalable solution that grows with your business needs.

Simplified Collection Module

Effective collections are crucial for maintaining healthy cash flow. Our collection module combines digital and cash collection capabilities, streamlining processes and enhancing efficiency. With integrated tools, lenders can manage collections effortlessly, ensuring timely repayments and reducing defaults.

Mobile Apps: Empowering MSME Lending on the Go

In today’s fast-paced world, having the ability to manage lending processes on the go is essential. AllCloud’s mobile apps are tailored for MSME lending, providing features such as:

• Seamless Loan Processing: Capture inquiries and convert them to loan applications with ease. Conduct Personal Discussions (PD) and Field Investigations (FI), capture documents and photos, and perform preliminary credit checks for soft approvals.
• Comprehensive Documentation: Simplify pre-disbursement checks and post-disbursement documentation, ensuring accuracy and compliance.
• Efficient Collections: Plan customer visits, set reminders, initiate digital collections, and access dashboards and mini-MIS anytime, anywhere.

Championing the Phy-gital Model

AllCloud is a strong advocate of the Phy-gital lending model, combining physical and digital interactions to deliver the best of both worlds. This approach not only maximizes Return on Investment (ROI) but also significantly reduces Turnaround Time (TAT), leading to unparalleled customer satisfaction.

• Transition from traditional paper-based KYC to e-KYC, c-KYC, and vKYC for streamlined verification.
• Replace physical photos with liveliness checks to enhance security and authenticity.
• Shift from paper-heavy processes to digital credit assessments for increased efficiency.
• Utilize instant communication tools like WhatsApp for real-time updates, replacing lengthy phone calls.
• Transform cheque transactions into real-time bank transfers for immediate access to funds.
• Swap wet signatures for e-Signs to expedite document processing.
• Convert physical NACH forms to e-NACH and UPI mandates for convenient and secure transactions.
• Evolve from cash collection to dynamic QR codes for seamless payments.

Tailored Credit Assessment for MSMEs

AllCloud’s composable LOS and credit models can be adjusted to meet the diverse needs of MSME loans. By incorporating a domain-specific layer to credit assessments, lenders can differentiate between various business types such as manufacturers and retailers, scoring them on Business Rules Engines (BREs) tailored to their specific requirements.

Structured Income Programs

Leverage structured income programs to analyze GST and banking data for a holistic business assessment. This program identifies key suppliers, buyers, and customers, analyzing data over multiple periods to provide insights into business performance and stability, essential for accurate credit evaluation.

Banking Surrogate Programs

For borrowers who lack structured business data, AllCloud’s banking surrogate programs collect and collate data to provide a comprehensive assessment based on both business and household income. This approach ensures amore inclusive evaluation process, accommodating borrowers who might other wise be overlooked due to non-traditional financial records.

Gross Receipts Programs

This program targets self-employed professionals who may not have robust financial statements but possess a steady flow of liquid income. By focusing on gross receipts, AllCloud can support a wider range of MSMEs in sectors like services or consultancy, where cash flow better indicates business health than traditional financial documentation.

Transforming MSME Lending with AllCloud

Join Leading institutions like IREP Capital, Moneyboxx Finance, and Davinta Finance in harnessing the power of AllCloud’s Unified Lending Technology for MSME loans. Our solutions are designed to empower MSMEs, providing them with the financial support they need to drive growth and innovation.

In conclusion, AllCloud is committed to empowering MSMEs by bridging the credit gap with innovative technology solutions. By tailoring our approach to meet the unique needs of these enterprises, we enable them to achieve their full potential and contribute to economic growth.