Lending and Leasing | Tech Mahindra

Financing the Future

Lending and leasing is a specialized business vertical with an array of service offerings bolstered by proprietary IPs, next-gen technologies, and strategic partnerships.

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Lending and leasing is a specialized business vertical with an array of service offerings bolstered by proprietary IPs, next-gen technologies, and strategic partnerships.

Tech Mahindra’s lending solutions encompass consumer, small business, and corporate lending, including supply chain and trade financing, mortgages, auto and equipment financing, and leasing. We have built and delivered solutions across the lending value chain, from origination, credit adjudication, servicing, and collections.

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Our Services

Cost and Experience Transformation

We help lending organizations achieve the dual goal of reducing the costs to serve and delivering digital experiences by creating value for clients through digital strategies, award-winning CX/UX design, process outsourcing, and operational transformation. Typical impacts we have delivered to a large Canadian bank across mortgages, small business, and retail loans include a 50% increase in digital transactions, a 20% improvement in look to book, and a 17% shift in revenue/channel mix.

Consumer Lending

Our consumer lending solutions are powered by UX/CX-led experience design transformation and straight-through processing, driven by business process management (BPM), and led by robotic process automation (RPA). Typical impacts we have delivered to consumer lending organizations include application processing time, TAT reduction of up to 85%, and faster time to market new products and features by up to 50%.

Yabx

Mahindra Group’s Yabx is a fintech lending platform, enabling clients and partners to offer consumer loans – BNPL, overdraft, personal loans tailored to the needs of the new to credit segment, and merchant loans - cash advance and working capital loans. With 125M+ customers assessed through alternate scoring, 1.4M unique customers, 133M USD in annualized disbursal, and a 566% YOY growth, Yabx is a robust and proven product for digital lending.

Mortgage Transformation

Tech Mahindra provides business process as a service (BPaaS) in mortgages on proprietary platforms, offering E2E propositions from originations to account closure, complaints handling, and collections for loans and mortgages. TechM's Target Group manages assets of over £25B through its flexible platform-based servicing model. It collects £3B of direct debits yearly for private and public sector clients.

SCF and Trade Financing

Tech Mahindra solutions in supply chain financing (SCF) and trade financing include digital onboarding, automated credit underwriting, transaction processing, enterprise integration, analytics for products such as vendor and dealer financing, dynamic discounting, and purchase order financing modules. Our solution for a large Indian bank has resulted in approximately 30 X growth in the number of vendors and dealers onboarded, with a corresponding increase in sanctioned limits over ten years.

Sustainable Financing

Through proprietary frameworks and partner-led solutions, Tech Mahindra can enable banks to originate sustainability-linked loans, complementing existing lending systems. The solution allows for due diligence to determine a borrower's ESG maturity and validate materiality aspects through the capture of relevant KPIs and SPTs (sustainability performance targets), along with reporting solutions to generate impact reports on financing.

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Platforms and Products

Target Loan Management Software

Target loan management software (LMS) offers an end-to-end servicing proposition from originations to account closure, complaints handling, and collections for unsecured and secured lending asset classes. Target LMS manages assets in excess of £25 billion, enabling its clients to automate complex critical processing, servicing, and administration of loans, investments, and insurance.

Mortgage Hub

Mortgage Hub from Target Group is a “digital by design” white-label platform built with insights-driven CX. Mortgage Hub is revolutionizing mortgages for lenders, brokers, and customers by enabling applications to offer in 20 seconds and one-click remortgage powered by open banking. The solution reduces the lender's costs, increases broker throughput, and increases customer satisfaction and retention.

Yabx Digital Lending

Mahindra Group’s Yabx is a nimble yet deeply rooted fintech lending solution, enabling clients and partners to offer retail and SMB loans tailored to the needs of the new-to-credit segment. With 125M+ customers assessed through alternate scoring, 1.4M unique customers, 133M USD in annualized disbursal, and a 566% YoY growth, Yabx is a strong and proven product for digital lending.

Sustainable Finance as SaaS

Through proprietary frameworks and partner solutions, Tech Mahindra enables banks to originate sustainability-linked loans, complementing their existing lending systems. Solution components include borrower ESG assessment, capture of relevant KPIs and SPTs (sustainability performance targets) for green/sustainable financing applications, and impact reporting.

Leading the Way

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Case Study

Digital Home Ownership Experience for a Large Bank in Canada
SCM In India

Case Study

Supply Chain Finance for a Large PSU Bank in India
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Case Study

Bespoke Loan Origination System for a Bank in Indonesia

Thought Leadership

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Blog

Beyond COVID-19: Shifting Priorities To Accelerate Transformation In Lending
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Whitepaper

Sustainable Finance – Funding the Transition to Net-Zero
Supply Chain Finance: A Digital Transition

Whitepaper

Supply Chain Finance: A Digital Transition

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