Co-financing or joint lending is a collaborative lending model in which two financial institutions jointly provide financing to borrowers. This approach enables partners to share risks and resources, leading to more diversified loan portfolios and better access to credit for borrowers.
Co-financing or joint lending arrangements are often set up to leverage the strengths and resources of each lender, enabling them to reach a wider customer base, share credit risk and comply with regulatory requirements. There are two co-financing models: CLM 1 and CLM 2, each with distinct disbursement and repayment mechanisms.
MAIN FEATURES
Système indépendant pour gérer le processus de cofinancement, de la demande au décaissement et à l’encaissement.
KEY BENEFITS
Contribute to the success of your lending institutions with the right technology.
Dynamic view of loan repayment schedule (Bank, NBFC and customer schedules)
Automated distribution of disbursements and receipts with accounting entries.
API and FTP-based integrations to support real-time transactions.
Support for CLM1 and CLM2 models.
Manage multiple co-lending partnerships in a single solution.
Dynamic reporting capabilities.
customers
CASE STUDY
Craft Silicon has been with Ujjivan since its inception and has been its growth partner throughout.
CUSTOMERS SPEAK OUT
The reason we opted for BR.Net was threefold: accessibility to branches, better customer service and scalability.
Martin Pampilly
Chairman and CEO,
Ujjivan Small Finance Bank
Case Study
Client Speak
THINKING TECHNOLOGY IN BANKING. THINK CRAFT SILICON.
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Nimble Open API Core Banking
customers
