SAMBAT Finance selects TurnKey Lender to launch new consumer credit product
By Leandra Monteiro
SAMBAT Finance one of the most innovative and user-friendly lenders in the Cambodian market has launched its new digital consumer finance program powered by the TurnKey Lender platform.
SAMBAT Finance is a prominent institution in Cambodia that provides financial services to both Cambodian people and SMEs.
The new wide-reaching consumer finance program uses TurnKey Lender to automate all elements of loan origination, underwriting, and borrower communications. TurnKey Lender is deeply integrated into SAMBAT’s core banking infrastructure to ensure seamless data and borrower flow.
As an upgrade to TurnKey Lender’s usual automation, SAMBAT’s solution has an approval process based on a custom delegation of authority matrix, new debt-service coverage ratio calculations, a tailor-fit customer portal, and sophisticated notifications and generated document management for each borrower.
“We have received very good feedback from my team after going-live. Thank you very much for your team’s commitment and support!,” said Harvey Poh, Managing Director of Sambat Finance.
TurnKey Lender is a SaaS platform that automates B2B and B2C lending processes in 50+ countries. It enables lenders to offer fair and accessible credit to tens of millions of their borrowers. The company’s key product is a one-stop lending automation platform that easily handles automation of both B2B and B2C credit processes. TurnKey Lender’s pre-configured solutions cater to different lending industry verticals including consumer, commercial, pay later, mortgage, factoring, and other.
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