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Ta Meri Finance success story
A full-featured platform for automating
car financing
car financing
Ta Meri Finance sell luxury cars of all major automobile brands available in Cyprus or ordered from
abroad. The customers can choose any car priced from low value to over €60.000 from any of our
partners, car dealers, around Cyprus or authorized dealer abroad.
abroad. The customers can choose any car priced from low value to over €60.000 from any of our
partners, car dealers, around Cyprus or authorized dealer abroad.
Challenge
Get maximum automation of the lending process
Ta Meri Finance approached the team of HES FinTech with a unique business idea of providing
financing for purchasing luxury cars — the first of its kind in Cyprus. To launch the platform,
the client needed a robust lending solution with rich functionality. The defining strategic
objective of the project was the maximum automation of the lending process.
financing for purchasing luxury cars — the first of its kind in Cyprus. To launch the platform,
the client needed a robust lending solution with rich functionality. The defining strategic
objective of the project was the maximum automation of the lending process.
Approach
Using the short iteration method
Within two months, the specialists of HES FinTech implemented the LLC
platform with the core logic and streamlined business processes. The platform based on the HES
Core™ provides the functionality of borrowers’ acquisition, decision making, product engine with
multiple features such as the calculation of monthly installments, insurance, document
management, CRM, reporting and more.
platform with the core logic and streamlined business processes. The platform based on the HES
Core™ provides the functionality of borrowers’ acquisition, decision making, product engine with
multiple features such as the calculation of monthly installments, insurance, document
management, CRM, reporting and more.
2 months
Time-to-market
30-40%
More business handled per agent
145%
Increase in applications
Result
The successful launch of the LLC platform allowed Ta Meri Finance to take a solid position on
the market in the short term
Within two months, the specialists of HES FinTech implemented the LLC platform with the core
logic and streamlined business processes. The platform based on the HES Core™ provides the
functionality of borrowers’ acquisition, decision making, product engine with multiple features
such as the calculation of monthly installments, insurance, document management, CRM, reporting
and more.
logic and streamlined business processes. The platform based on the HES Core™ provides the
functionality of borrowers’ acquisition, decision making, product engine with multiple features
such as the calculation of monthly installments, insurance, document management, CRM, reporting
and more.
A brand by Ta Meri Finance, Luxury Cars Club & Financing is a premium-class car leasing platform
that offers financing, insurance, and financial advisory services. Targeted at Cyprus and other
EU
citizens, the platform finances new luxury cars priced from 60 thousand up to 450 thousand
euros.
that offers financing, insurance, and financial advisory services. Targeted at Cyprus and other
EU
citizens, the platform finances new luxury cars priced from 60 thousand up to 450 thousand
euros.
company has expertise in international financial markets. Second, the lending platform developed HES is
very flexible and easy-to-use by our partner shops.