Fast Approval Customer Financing Program

Our POS platform streamlines customer financing programs by providing a clean, user-friendly interface and fast approvals via a single, versatile platform. No matter what market is being targeted, or where they tend to shop, Skeps’ POS financing can meet consumer needs with flexible integration and in-depth analytics.

How do we do this?

For starters, our platform features the following for both lenders on the back end and borrowers on the front-end

• Omni-channel platform that can meet consumers in any channel with the same customer experience
• Multi-functional back-end that can perform a variety of tasks and functions simultaneously, speeding up the approval process
• Secure and easily-auditable client environment to keep data safe and secure
• Real-time analytics and a transparent view into the API that powers the lender’s credit model
• Simple pre-approval tools to expose customers to the accessibility of financing early in their shopping journey

Your borrowers get

• "Soft" credit checks that do not impact credit scores
• Easy access to loan products via laptop, mobile device, or physical store locations
• Simple framework for inputting underwriting requirements
• A transparent approval and loan disbursement process
• Convenient payment notifications to avoid slow pays

Installment loan lenders who use a point-of-sale technology outpace competitors using paper-based, traditional processes. Our digital solutions provide instant application decisions, cutting out the time-eating techniques of conventional, more manual application procedures.

Automation Boosts Profitability

Automation is key to driving higher net revenue. Plus faster approvals translate to reduced spending.

Skeps leverages several automation elements that work together to assist lenders in improving profitability metrics. Those elements include:

• The online submission of loan applications
• Integrations that aid in the loan processing and underwriting
• Custom dashboard that allows for real time testing of models
• The use of a single, consolidated platform

Suppose lenders want to keep their business running smoothly and profitably in today's tech-heavy environment. In that case, they need to invest in a point-of-sale system that boosts team efficiency from application to closure.

With so many POS technologies to choose from, picking the partner right for your business can be a tall order, and it’s a decision that requires thought and consideration.

When evaluating your options, first review the fundamental considerations, such as the included features, the implementation timeline, and pricing.

However, don't stop there. Your company deserves more than just the basics, and while your expanded wish list might differ from others depending on your specific business demands, ask yourself the following questions:

• Does this solution maximize automation?
• Is the platform user-friendly and functional across different platforms, including mobile devices?
• Does it include the right integrations that enable seamless processes?
• Are the solutions collaborative to keep all parties involved with updates and pre-approvals?