Online Consumer Lending Platforms

Comprehensive configuration settings in The Madiston Platform enables many different business models for consumer lending and borrowing. Whether you are offering secured or unsecured personal loans, retail or institutional lending, primary and secondary markets, the choice is yours.

Automated processes manage large volumes of small transactions with many potential variables. This level of automation ensures compliance, cuts operational costs and delivers scalability.

  • Loan Origination – loan calculators, quotations, sophisticated credit risk decision model with KYC, credit and AML checks and scoring systems
  • Standard and tax-free investment accounts e.g the UK Innovative Finance ISA
  • Visual Marketplace – fixed or reverse auction-style bidding where lenders compete and underbid each other to remain in the loan
  • Automated Marketplace – not visible on the site, automatically matching lenders’ portfolios with loan requests that meet their criteria
  • Secondary Market – manual or automated, for lenders to sell and buy existing loan parts
  • Bidding Tools – AutoLend for automated portfolio bidding, enables experienced lenders to flex lending parameters to potentially improve interest rates achieved. ARBU (Automated Response to Bumped-Off Underbid) – an auto-rebid tool to enable lenders to stay in loans 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
  • Compensation Scheme – optional lenders’ compensation scheme for missed or late payments automatically calculates and processes transactions to pre-defined rules
  • Comprehensive Information Services – market and regulatory information, statistics, charts, drill-down enquiries, email notification of transactions and events
  • Flexible definitions of lender and borrower products – enabling variation to match and move funds quickly to maximise liquidity (avoid lender funds stagnating in unallocated silos)
  • Salary Deducted Loans – offered by firms as an employee benefit or initiated as an individual borrower requesting participation by their employer to secure a lower interest rate

This is just a sample of the features in our comprehensive software platform. Get in touch to find out how we can configure our software via back office settings, to satisfy your consumer lending model. If more changes are required to meet your specification, our development team are standing by.

Configurable lender and borrower product definitions offering multiple loan types

Define your user interface and data capture. We can build the front end for you and work with your designers.

  • Customise the application to match the way you work
  • Highly automated so you save on running costs
  • Scalable as your business grows
  • Software proven in live environments
  • Experienced team in peer to peer marketplace lending
  • Reduces risk in development and implementation

The Madiston Platform has been deployed on our own consumer lending site together with clients around the globe. To learn more about how Madiston Consumer 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