“With Newgen, we’ve streamlined our loan management process. Approval times are faster, risk assessments more precise, and our team has real-time visibility at every step while maintaining top-tier compliance standards.”
— Chief Operating Officer, Leading Financial Services Provider
Learn What Newgen’s Captive Finance Solution Can Do For You
AI/ML Powered Intelligent Decisioning & Process Optimization
Leverage an advanced Credit Decisioning Engine (CDE) and automated underwriting for effective risk classification and faster credit disbursement. Create 360-degree customer profiling with pre-screening capability to assess applicant eligibility based on parameters like credit score and income. NPA monitoring and predictive analysis for payment probability help to establish tailored collection strategies.
Seamless Integration Ecosystem
Enable quick data retrieval and loan processing by connecting seamlessly with 240+ pre-built integration adaptors for conducting KYC, KYB, fetching bureau details, conducting due diligence, asset verification, digital document execution, etc. Additionally, the platform’s low-code architecture offers customizable templates for document digitization, simplifying the creation of essential paperwork such as loan agreements, lease contracts, and sanction letters, which enhances operational agility and compliance.
Omnichannel Support
Facilitate financing through multiple channels with web portal and mobile app configured for self-service and dealership. The solution also enables end-to-end process integration with back-office systems at branch. Alerts and notifications can be sent through the customer’s preferred channel to facilitate the process and to improve collection rates.
Rapid Go-to-market Deployment
Ensure smooth implementation with a highly configurable platform for inventory and asset management. Automate calculations for subsidy, insurance payout amount, vehicle depreciation and residual value, and dealer payout and commissions. The pre-built adaptors ensure that there are no gaps in deployment and go-to-market time is minimized.
Multiple Lines of Business
Avail support for several lines of business in Captive Finance including financing for direct customers through Auto Loans (4-wheelers & 2-wheelers – New & Used vehicle), Operating Lease and Finance Lease, as well as financing for dealers, vendors and businesses through schemes such as Equipment Finance, Commercial Vehicle Finance, and Fleet Finance.
AI/ML Powered Intelligent Decisioning & Process Optimization
Leverage an advanced Credit Decisioning Engine (CDE) and automated underwriting for effective risk classification and faster credit disbursement. Create 360-degree customer profiling with pre-screening capability to assess applicant eligibility based on parameters like credit score and income. NPA monitoring and predictive analysis for payment probability help to establish tailored collection strategies.
Seamless Integration Ecosystem
Enable quick data retrieval and loan processing by connecting seamlessly with 240+ pre-built integration adaptors for conducting KYC, KYB, fetching bureau details, conducting due diligence, asset verification, digital document execution, etc. Additionally, the platform’s low-code architecture offers customizable templates for document digitization, simplifying the creation of essential paperwork such as loan agreements, lease contracts, and sanction letters, which enhances operational agility and compliance.
Omnichannel Support
Facilitate financing through multiple channels with web portal and mobile app configured for self-service and dealership. The solution also enables end-to-end process integration with back-office systems at branch. Alerts and notifications can be sent through the customer’s preferred channel to facilitate the process and to improve collection rates.
Rapid Go-to-market Deployment
Ensure smooth implementation with a highly configurable platform for inventory and asset management. Automate calculations for subsidy, insurance payout amount, vehicle depreciation and residual value, and dealer payout and commissions. The pre-built adaptors ensure that there are no gaps in deployment and go-to-market time is minimized.
Multiple Lines of Business
Avail support for several lines of business in Captive Finance including financing for direct customers through Auto Loans (4-wheelers & 2-wheelers – New & Used vehicle), Operating Lease and Finance Lease, as well as financing for dealers, vendors and businesses through schemes such as Equipment Finance, Commercial Vehicle Finance, and Fleet Finance.
Benefits of Newgen’s Captive Finance Solution
- Streamlined documentation with AI-powered document analysis and classification, summary generation, and template creation
- Hyper-personalized targeting and customer journey orchestration using over 30 pre-built ML models for customer behavior profiling
- Lower processing time with a 30% increase in application handling capacity
- 20% reduction in vehicle loan default rates with AI-enabled monitoring and communication
- 85% improvement in predictive accuracy for conversion and onboarding
Find Your Winning Strategy with Newgen
See Newgen’s low-code digital transformation platform in action. Request a demo of Newgen’s platform and industry-specific applications.
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