A web-based application that lets customers apply for loans by filling in the form. It simplifies the whole loan application process for customers while streamlines the reviewal and disposal process for the lender.
Technologies
Asp.Net MVC
Industry
Finance
Built For
Web
Country
United States
The loan application form includes broker details, company details, personal information, and business-related security questions, solicitor details and signature. The filled application form is viewed/approved by higher authority. Here the customer is required to submit all valid documents for verification. The application form will go for further process by higher authority once all the documents are submitted by the customers.
The client wanted us to develop a web application so as to provide loans to the customers.
- They wanted us to design and develop a form where loan applicants can fill in the details and apply for the loan.
- The form had to be simple yet easy to understand for loan applicants to use.
- The admin should be able to download the form submitted by the customer.
- Following the loan approval, admin should be able to generate IP and AIP.
After analyzing the client’s business, our team started with POC work to design proper workflow of the web application. We came up with an MVP version that satisfied the requirements of all stakeholders. Based on that, we developed a web application with intuitive UI and distinctive features. Some of top functionalities we included in there were:
The client was able to easily manage the life cycle of the loan with the loan management system. The application simplified the process of loan application approval and made it easy for their team to track repayments from customers. Key features of it were:
