Madiston Personal Lending

Madiston Personal Lending is an application extension to the MCF platform.

Comprehensive configuration settings enable many different business models.

Automated processes manage large volumes of small transactions with many potential variables like missed or delayed payments.

Features include:

  • Loan Origination – loan calculators, quotations, sophisticated credit risk decision model with credit checks and scoring systems
  • The Bidding Market – visible auction market for manual bidding where lenders compete and underbid each other to remain in the loan
  • The Matching Market – automated market, not visible on the site, matching lenders’ portfolios with loan requests that meet their criteria
  • Bidding Tools – AutoLend for automated portfolio bidding, enables experienced lenders to flex lending parameters to potentially improve interest rates achieved. ARBU (Automated Response to Bumped-Off Underbid) – an auto-rebid tool to enable lenders to stay in loans when they have been outbid
  • Loan Servicing – loan disbursal, collection and distribution of monthly payments, manage late or missed payments, interface with third party collection agencies
  • Compensation Scheme – optional lenders’ compensation scheme for missed or late payments, automatically calculates and processes transactions to pre-defined rules
  • Comprehensive Information Services – market and regulatory information, statistics, charts, drill-down enquiries, email notification of transactions and events

… and much, much more!

Why choose Madiston Personal Lending?

  • Customise the application to match the way you work
  • Highly automated so you save on running costs
  • Scalable as your business grows
  • Software proven in a live environment
  • Experienced team in peer to peer marketplace lending
  • Reduces risk in development and implementation

There is more information on our Showcase page which describes how the Madiston Personal Lending application has been deployed on Madiston LendLoanInvest (lendloaninvest.co.uk).

To learn more about how Madiston Personal Lending can meet your business needs, click here to send us your details.