Lendsphere
Innovative co-lending platform for multiple lenders to collaborate and extend loans to borrowers
What is Lendsphere?
Lendsphere is an innovative co-lending platform that helps banks, NBFCs and other eligible lending agencies to collaborate and lend money to borrowers.
Lendsphere is a customisable smart platform tailored to meet the specific needs of clients. Its flexible APIs enable seamless integration with existing systems, establishing a shared account structure for collaborative fund management. This facilitates unified disbursement and repayment processes whilst lowering the risk to the lenders involved.
Key Features
Onboarding & Configuring Modules
Effortlessly onboard multiple lenders using various loan origination systems, enabling resource sharing to extend loans to eligible borrowers.
One-time API integration
Enables partner loan origination systems to connect and share data effortlessly with one-time API integration, and allows continuous interaction without repeated manual setups.
Collaborative Underwriting
Leveraging Lendsphere, lending partners can assess loan applications and complete the credit appraisal empowering them to make informed decisions using collective expertise.
Shared Account Infrastructure
Establish a shared account structure to facilitate joint fund management, allowing for unified disbursement and repayment processes.
Benefits
Onboard Customers
& Partners Easily
Enable partners to independently onboard customers using their existing systems, seamlessly integrated with our Lendsphere.
Schedule Fractional
Repayments
Repayments can be scheduled fractionally for all lenders involved, corresponding to the portion of the loan each lender provided.
Automatic Lending Decisions
Through BRE
With the integrated Business Rule Engine, Lendsphere approves and disburses the loan automatically in a matter of minutes.
Customise the Platform
As Per Your Needs
Lendsphere can be customised according to the needs of the lenders and can be integrated easily within their existing system through flexible APIs.
Our Clientele
Discover Corestrat's Complete Product Suite
Why Choose Corestrat?
Talented Team with Decades of Global Experience in Multiple Business Sectors.
AI Powered Digital Transformation with Expanded Control and Visibility.
Intelligent Automation Smart Platforms and Analytics-Based Advisory.
Intuitive Technology Architecture & Streamlined Business Processes.
FAQ's
Co-lending in financial services is an arrangement between two or more lenders, typically banks and NBFCs, who come together to share their resources in order to provide loans to borrowers.
Lendsphere enables lending institutions to set up a shared account structure for collaborative fund management, streamlining disbursement and repayment while reducing risk for all participating lenders.
Yes, you can. Lendsphere’s flexible APIs allow seamless integration with existing systems, enabling lenders to adopt the platform without disrupting their current infrastructure.
There’s no set limit to the number of lending institutions that can collaborate on Lendsphere. As long as there’s a mutual agreement among partners, multiple lenders can come together on the platform to initiate and manage co-lending.
Let's Get Started!
Our experts are happy to connect with you to explore how we can help your enterprise innovate.