Madiston Business Lending

Business dashboard example

High levels of customised, automated processes help lower costs and increase efficiency. Multiple user types (eg person, company, sponsor). Multiple Lender products (eg risk, term, rate). Standard or Innovative Finance ISA accounts. For lending to sole traders, partnerships, limited partnership, limited companies and unquoted PLC.

Features include:

  • Loan Origination – businesses upload details of their loan request including information on their sector, ownership, products/services, assets, key customers and more. Credit history, cashflow and stability checks via scoring system and external credit decision engines. Available with or without Directors’ Guarantees
  • Visual Marketplace – fixed or reverse auction-style bidding on loan requests presented on the site. Lenders compete and underbid each other to remain in the loan
  • Automated Marketplace – automated market not visible on the site where lenders set up their lending criteria (sector, credit-rating, interest rate etc) which are “matched” with suitable business loan requests
  • Secondary Market – for lenders to buy and sell existing loan parts
  • Bidding Tools – AutoLend enables lenders with more experience to use their skills to flex their lending parameters to potentially improve interest rates achieved. ARBU (Automated Response to Bumped-Off Underbid) is an auto-rebid tool to enable lenders to stay in the loan when they have been outbid
  • Loan Servicing – loan disbursal, collection and distribution of monthly payments, manage late or missed payments, interface with third party collection agencies
  • Optional Compensation Scheme – optional lenders’ compensation scheme for missed or late payments, automatically calculates and processes transactions according to the rules in place
  • Comprehensive Information Services – Dashboards for lenders and business borrowers. Market and regulatory information, statistics, charts, drill-down enquiries and email notifications (according to preferences set)

…and much, much more.

Configurable lender and borrower product definitions offering multiple loan types

Why choose Madiston Business Lending?

  • Customise the system to the way you wish to work
  • Launch quicker by buying a purpose-built configurable application
  • Add functionality as your business develops
  • Save money by automating complex volume transactions
  • Team experienced in peer to peer marketplace lending
  • Reduce risk in development and implementation

The system can be configured so Lenders can choose to lend in either the Bidding Market or the Matching Market, or both.

Our Showcase page describes how the Madiston Platform has been deployed our own consumer lending site together with some client examples. To learn more about how Madiston Business Lending can meet your business needs, click here to send us your details.

The Madiston Platform increases speed to market, saves costs and reduces risk.

Find out more