However, commercial lending remains a cautious area for many financial institutions. The approval and disbursement processes for both corporate and SME loans can be slow and burdensome, often taking 45-60 days or longer due to complex compliance requirements. While some banks have adopted “Approval Workflow” systems to streamline approvals, many still rely on manual processes. Even those that have implemented digital solutions often use a fragmented mix of systems to manage different stages of the loan process—from lead generation and loan origination to loan management and risk modeling. This disjointed approach creates friction for users and limits the full potential of a digital workflow, as many systems focus only on digitizing the approval process, leaving valuable underlying data untapped. This gap prevents effective use of analytics and impedes comprehensive risk modeling.

KreditAccel, developed by Globnx Solutions, is a comprehensive end-to-end lending platform with last-mile capabilities, designed to fill this gap. It enables financial institutions to streamline the credit approval and management (CAAM) process for corporate and SME loans. Covering the entire loan lifecycle—from origination and approval to loan management, risk modeling, and reporting & analytics—the platform empowers customers to: