installmt is more than payment processing. We constantly innovate to keep your borrowers engaged and grow your business’s top and bottom lines.
Next-Generation Tools that
Innovate your Lending Operations
Autopay of the Future
installmt smart autopay leverages smart automation to ensure more payments are made on time. installmt autopay quickly & automatically adjusts loan payment dates toward income dates and away from large expenses. It makes a huge difference in your operations, just look at our results:
by the numbers
Delinquency Drops over Time
Real, active results from our clients show consistent, double-digit improvement in short-term delinquency. Interestingly, as these offices used installmt over time, this improvement compounded year-on-year. As businesses continue to use our platform, borrowers increasingly make on-time payments.
by the numbers
Staff can Spend 3x More Time per Loan on Collections
Data collected since the launch of installmt shows us that 66% of approved payments were from autopay with zero human intervention required. We call these “No-Touch” payments. By eliminating focus by employees for 2/3 of every payment, staff can spend 3x as much time on the loans that require collection attention.
Integration with Loan Management Systems
We make it easy to use installmt
- Automatically post payments
- Payment checkout directly in LMS screens
- External online payment portal directly connected to LMS server
- Automated tools interact with LMS to compound benefits
More Next-Gen Tools are On The Way
Future development priorities fall under at least one of these criteria:
Improve key metrics for lenders:
Ensure borrower financial stability through loan repayments or improve borrower experience with lenders