With its White Label Lending solution, FERNBACH provides an end-to-end lending system that is particularly suitable for FinTech start-ups. The underlying lending product design can be mapped easily and flexibly by using a web interface similar to Excel.
The software is operated in FERNBACH’s computer centre so that our customers can concentrate on the planning and selling of lending products. The application system is integrated via modern interface technology into your homepage.
A credit rating and a probability of default are determined for each loan application. The process for accepting or rejecting an application is automated to a great extent. Users can define the parameters relevant for decision making and can optimise these as required. Once the contract has been concluded, the loan is paid out and then enters the management process. Impairment is also included in processing. We will help you calculate the impairment test, for example the three-stage model under IFRS 9, in accordance with your accounting system.
You can obtain FERNBACH’s White Label Lending purely as an IT solution under the SaaS model or in the form of business process outsourcing (BPO). FERNBACH’s partner bank is responsible for checking the loan applications that come under BPO.