Lending app development
Increase your revenue by providing customers with lending functionality
Minimize your bad debt rate with comprehensive eligibility check algorithms
Attract new audiences by simplifying, accelerating, and automating loan operations
Win the competition with a streamlined UI/UX so customers can accomplish their goals
How does Yalantis establish a loan lending mobile app development process oriented on meeting customer and business needs?
It’s not easy to please a modern audience. With so many lending companies, it’s particularly difficult to stand out and maintain your popularity. Primarily, this is because you have to spend time gaining consumers’ trust. You shouldn’t turn a blind eye to existing problems that have given the loan lending field a reputation for hard-to-access services.
Among the issues consumers most commonly face when getting a loan are:
Inevitable visits to physical branches of traditional banks
Lots of steps
Lots of time-consuming paperwork
Lack of a digital presence on the part of loan providers
Why should you build a customer-oriented and conversion-optimized lending application?
To overcome all these challenges that consumers face and make them your loyal customers. In order to boost their loyalty, you can also implement advanced functionality to improve the customer experience when applying for a loan on your platform. Let’s consider this in detail.
Make everything digital
The expansion of your customer base depends on your platform’s ease of use and the speed of loan approvals. An important element of attracting more end users is making all your services digital, since no loan borrower wants to spend hours in a physical branch filling out documents.
As soon as you give consumers the opportunity to apply for a loan in a few clicks and automate all eligibility checks, people will choose your services over those of other loan lending companies.
Work on your app
Your application’s attractiveness and usability play a decisive role in motivating consumers to use your services instead of your competitors’. Given that users are becoming increasingly savvy and demanding when it comes to the user experience, it is crucial that UI/UX is among your top priorities. They’re pushing the market to make drastic changes. You have to please young customers with a beautiful yet efficient design.
Go for user-centricity
Another important aspect of delivering a high-quality solution to your customers is to create a user-centric application that’s capable of serving as many audiences as possible. You should offer personal loans, student loans, mortgages, business loans, and other types of lending products on your platform. What’s crucial is that you have to cover all of your audiences’ pain points so customers are able to get a loan through your institution.
Enhance your solution with advanced functionality
By “advanced functionality,” we mean implementing extra functionality to your existing feature set aimed at improving the user experience on your platform. Such functionality may include advanced spending analytics that Millennials and Generation Z appreciate, automated payments to ease the payment management process, customizable reports, and lots of other features that might attract new customers. Note that such functionality may vary across audience segments. Try to adjust to the audience’s needs and you will definitely win the competition.
What is Yalantis’ role?
Yalantis will take on money lending app development and everything we discussed here starting from designing a software architecture and business logic and up to creating engaging UI/UX. We will deliver you a high-quality product that supports your needs as a loan provider and enables your customers to conveniently access the lending services they're looking for.
Value we have delivered to our clients
lower bad debt rate
revenue growth with lending functionality
growth in customers taking a loan
faster loan application process
Yalantis loan app development services
With our experience in loan lending mobile app development and augmentation, Yalantis can build an efficient technology solution that empowers your business growth
Core lending solutions
Integration with core lending solutions
Core lending functionality development
Investor and borrower account management
Rate and term setting
Automated transaction processing
Loan management and automation
Interest rate calculations
Individual and business loan management
Loan management automation
Full mortgage processing automation
Automated user data validation
Unified solution for all user roles
Integration with third-party data aggregation services
Money lending apps
Payments and billing
Transactions and equated monthly installments (EMIs)
Transfers and withdrawals
Charging and monitoring of fees
EAR and APR calculations
Arranged and unarranged overdraft management and monitoring
Build an all-in-one lending software for your business goals
Yalantis will develop a feature-rich and high-performing solution based on your needs and your time and budget constraints
Case studies from a lending app software development company
Partner with an experienced software engineering company
Get a solution to increase revenue, expand your business, and improve customer loyalty
Insights from a loan app development company
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Need more details on how Yalantis works?
Get an extensive presentation on our experience, technology stack, process management, and rates