Unlock the full potential of your SME lending operations with Aurachain’s Accelerated SME Lending Solution. In a world where time is money, your clients can’t afford to wait. Our low-code platform transforms slow, manual processes into a seamless digital experience—reducing approval times by 75%, eliminating errors, and putting you ahead of the competition.
The Challenge: The $1 Trillion SME Credit Gap
As a financial institution, you know that Small and Medium Enterprises (SMEs) are essential to global economies, representing 95% of all businesses and contributing over 50% of jobs worldwide. Yet, SMEs face a $1 trillion credit gap, according to the World Bank, preventing many of them from securing the funding they need.
Why?
Traditional lending processes are slow, manual, and outdated. Banks struggle with inefficient workflows, extensive documentation, and prolonged eligibility checks. This not only delays access to capital for SMEs but also puts a strain on your internal resources, reducing operational efficiency and customer satisfaction.
The Solution: Digital Transformation with Aurachain
Aurachain’s Accelerated SME Lending Solution solves these banking challenges by offering a fully digital, automated platform that dramatically reduces processing times, eliminates human error, and delivers fast, accurate decisions for your SME clients.
Here’s How We Do It:
Instant Integration:
Seamlessly connect your bank’s systems to our platform, enabling real-time access to customer data and starting the loan process instantly.
Digital Processes:
Eliminate manual processes like document checks and approvals. Aurachain automates these processes, allowing your team to focus on higher-value tasks.
Real-Time Notifications:
Keep both your team and your customers informed with automated, real-time alerts, ensuring smooth and transparent progress at every stage of the application.
Take the Next Step: Download the Solution Brief
Discover how Aurachain can transform your bank’s SME lending process and accelerate your digital transformation. Download our solution brief to explore the full potential of low-code automation and learn how to streamline operations, improve efficiency, and deliver faster results for your customers.
Real-World Success: See the Results in Action
A major EU bank used Aurachain’s platform to revolutionize its SME lending:
of the time typically spent on eligibility checks was saved.
The bank reduced human errors to zero, ensuring accurate credit decisions.
Customers received loan approvals in days instead of weeks, vastly improving their experience.