New Products & Services

The Problem -

• SME access to commercial credit is often limited by the information requirements from the financial institution, such as audited financial statements, that SME's don't have.
  
• For the financial institutions, the potential income earned from smaller transactions don't cover the cost of underwriting.
  
• Nevertheless, the SME market represent a large opportunity for financial institutions.
  

The Solution -

• Utilize increasing availability of historical cash flow, from electronic payment systems for example, combined with standard credit parameters, to develop a decision framework  that will result in quick and accurate credit decisions.
  

How it Works -

• The financial institution enters into the framework their standard credit criteria.
  

• The financial institution enters into the framework  information from the customer,   including cash flows from electronic payment systems, existing borrowings, and other information
  
  
The Result -

• Quick and accurate credit decisions, without the cost of manual credit evaluation.

Aperio Associates will - Assist the financial institution in incorporating the framework into its existing credit and underwriting system; assist the financial institution in incorporating standard credit parameters into the framework; assist in adjusting the framework based on credit performance, type of transactions, and other factors.