TurnKey Lender scales creditor’s processes and speeds up loan approvals – BadCredit feature

TurnKey Lender platform has been featured on a prominent lending industry publication, BadCredit.org.

Short summary: Recent research indicates that many brands are planning to implement embedded lending in some form or another within the next two years. And although clients are strongly interested in BNPL options, traditional lenders have been slow to respond to the demand. That gives innovative lenders a big opportunity to penetrate the market.

TurnKey Lender is leading the way in the space. And according to the team, there is no other solution in the market that automates credit  — from origination to reporting —  to this extent. According to TurnKey Lender’s research, 94% of consumers who used BNPL online in a month’s time said they would like to use the same deferred payment plans when shopping at local stores. Brands and businesses that rely on offline purchases will inevitably start using pay later options one way or the other.

Read the full article on BadCredit.

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