EBOOK: THE HIGH COST OF LENDING UNCOVERED

Unlock the massive small-ticket lending and leasing market

Small-ticket lending and leasing is often fiddly and slow, with low margins—but this doesn’t have to be the case. Q2 Lending’s Straight-Through Processing (STP) makes it quick, easy and lucrative. Download our eBook to learn more.

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Small businesses, big opportunities

The pandemic forced small businesses to take immediate loans to remain operational. But many large banks and accredited lenders are struggling to get money to their customers when they need it most.

SNEHAL FULZELE, SVP AND GENERAL MANAGER, Q2
 
 
Around 99% of firms in industrialised countries are small- to medium-sized enterprises. They’re the bedrock of their economies and need quick access to lending to prosper, grow or just survive, particularly during difficult times. This market presents a significant unmet opportunity for lenders.

A win/win, even in uncertain times

Lenders that acted early in response to COVID-19 have one thing in common: an agile technological infrastructure. Those that haven’t been able to adapt to the sudden spike in demand for loans have really struggled.

DARPAN SAINI SVP OF PRODUCT AND TECHNOLOGY, Q2
 
 
In the midst of economic uncertainty, business borrowers need shorter approval times and faster funding. Their survival might just depend on your efficiency. With Straight-Through Processing (STP), you can deliver significantly faster—and better—borrower experiences, while reducing costs, eliminating error and improving your margins.

Real results require a cultural shift

I certainly appreciate that a shift from manual, human-led processes to purely automated digital workflows can take some getting used to. In fact, a lot of organisations might even consider it radical.

WILL FURRER, CHIEF STRATEGY OFFICER, Q2
 
 
Straight-Through Processing (STP) is transformative, requiring a significant culture shift. But it’s a shift that pays off. The ability to automate and easily scale SME lending will make even the most change-averse organisations—and their customers—glad that they embraced STP.

Government stimulus funding made simple and scalable

When a giant, global FI needed to build a scalable digital lending solution to support their business clients, Q2 took up the challenge.

10 days later, they were up and running. 5 days later, they’d processed 13,000 loan applications.

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Learn how to unlock the massive small-ticket lending and leasing market.

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