pret sur demande: micro-loan processing and underwriting automation
In 2015, Pret sur demande has seen a 300% growth in loan applications. As a result, the internal team was not able any more to process all the loans applications they receive.
Thanks to a client reference, Pret sur demande contacted NPM Technologies to automate their loan application processes. From documents analysis and cloud storage to contract generation, client dashboard and loan management, all the processes are analyzed and automated.
The results are beyond expectations: Pret sur demande can now scale without the risks of lending money to bad payers. According to Michel Nadeau, managing director, the risk of human errors is reduced considerably. Moreover, they claim that processing and approving a loan application now takes them 30% less time.