The client needed a flexible lending solution to take their business online. Following a requirement analysis, the team of HES FinTech created a full-circle loan platform that fully automates the small business lending process and provides integrations with third-party payment systems.
Business analysis followed by development
The outcome of the project is a robust loan management platform that allows borrowers to register and apply for a loan online, access their application/loan data, and receive money on a bank account within 5 minutes. The solution processes borrowers’ loan applications from the initial step until the full reimbursement.
Reduced the decision -making time
Increase in applications
Wa’ed surpassed numerous competitors in the Saudi Arabia market, showcasing remarkable business achievements
HES FinTech’s solution enabled the client to expand their operations and provide loans to a growing customer base. As a result, Wa’ed has emerged as a prominent commercial lending company in Saudi Arabia, renowned for its competitive interest rates and swift application processing.