Strategic Link’s highly flexible lending and business models support state-by-state, CSO & CAB, sovereign nation, and offshore. Embedded loan product support includes the ability to configure the system to meet your legal and regulatory lending model requirements, redundant payment systems integration, access to 3rd-party data services, and multi-function contact centers.
Appeal to a broad set of consumers and diversify consumer financial offerings with this popular, highly flexible solution. Installment lending allows repayments to be tied to pay schedules.
Strategic Link offers deep industry expertise for lenders considering an installment loan solution. Process design, implementation, and contact center support offerings help maximize returns. Integrated regulatory technology helps mitigate risk.
Complete loan cycle management tools are powerful, yet easy to use for loan creation, servicing, provisioning and customer retention.
Line of Credit
To expand loan product portfolios and tap into new markets, a line of credit is an innovative offering increasingly used by successful investors and lenders to stay ahead of industry trends.
An alternative to many traditional short-term loan products, line of credit products are an ideal option to meet customer needs. Functioning like a virtual credit card, these products offer an open-ended credit line as long as the customer satisfies monthly payment obligations. Line of Credit provides an opportunity to enhance customer relationships, because there is no need for separate applications for additional loans.
In addition to increased customer retention potential, benefits include lower marketing costs and a wide range of options for APRs and fees to fit individual business needs.