Revolutionizing Lending: Introducing Looms, the Ultimate Loan Origination and Management System

We are excited to share the latest updates to Looms, our newly enhanced loan origination and management system, designed to streamline the borrowing process, reduce operational costs, and minimize credit risks. With a sharp focus on convenience, efficiency, and scalability, Looms enables financial institutions to boost their competitive edge in an increasingly complex lending environment.

Why Now?

Regulatory changes such as interest caps and tighter controls on lending fees have forced financial institutions to rethink their operational models. At the same time, many lenders are still burdened by manual document processes, siloed systems, and slow approval workflows—leading to rising operational costs and customer dissatisfaction.

Developing an in-house solution may not be feasible for many organizations due to high upfront investments and ongoing maintenance requirements. Looms addresses these pain points with a plug-and-play system that’s both powerful and easy to implement.

Key Features of Looms

🖥️ White-Label Borrower Portal

Borrowers can easily submit loan applications online—anytime, anywhere. This branded portal improves accessibility and enhances the customer experience without requiring physical branch visits.

📄 Built-in Intelligent Document Processor (IDP)

Looms includes a next-generation IDP engine that goes beyond OCR. It captures, extracts, and verifies data from various document types—including complex and unstructured formats—enhancing accuracy and enabling real-time loan decisions.

⚙️ Custom Decision Flow

Tailor decision-making logic to your risk appetite. Looms lets you configure fully or semi-automated workflows using both rule-based and manual evaluations, ensuring flexibility and compliance.

📊 Dynamic Dashboard

An intuitive, role-based dashboard gives your team access to real-time performance metrics, task tracking, and analytics. Whether you’re in management or operations, the insights you need are just one click away.

💬 Omnichannel Communication

Connect with borrowers across multiple channels—SMS, email, in-app, and more—using prebuilt templates and automated triggers. This ensures consistent engagement throughout the loan lifecycle and reduces borrower drop-off.

🧠 Smart Debt Collection

Accelerate recovery with custom delinquency stages, automated collection actions, and a promise-to-pay flow. Assign tasks based on borrower risk segments and track repayment performance in real time.

🔧 Product Engine

Rapidly launch and configure loan products without engineering help. From setting limits and terms to defining eligibility criteria and pricing, the product engine gives teams full control.

🧾 Collateral Management

Support various asset types with full tracking and valuation capabilities. Manage pledges, perform revaluations, and maintain audit trails—all within Looms.

🏢 Multi-Branch Support

Looms now supports multi-branch operations, enabling head offices to define centralized rules while granting autonomy to regional branches. This is ideal for expanding institutions managing diverse geographies or business units.

🔐 Granular Role & Access Control

Ensure data privacy and streamline workflows by assigning specific permissions based on user roles. From underwriters and branch managers to admin and customer service, Looms lets you define who sees and does what.

Expert Solutions for Every Lending Category

Looms’ modular architecture and configurable workflows support diverse lending scenarios:

• Personal Lending: Fast-track approvals and enhance borrower satisfaction for personal loans of all sizes.
• Hire-Purchase & Leasing: Manage leasing contracts, payments, and assets effortlessly.
• Purchase Finance & BNPL: Enable embedded finance with frictionless checkout experiences.
• SME Lending: Accelerate SME credit approvals with smart workflows, document automation, and flexible underwriting logic.

Proven Results

Institutions using Looms have reported:

• 📉 76% decrease in turnaround time
• 📈 115% increase in customer acquisition
• 💸 32% reduction in operational costs

Implementation Options

Choose the right setup for your needs:

• Standard: Ready-to-use deployment within a week
• Enterprise: Tailored configuration for large-scale operations
• Modular: Deploy just the LOS or LMS components to complement existing systems

“At AND Solutions, we are committed to helping financial institutions maintain their competitive advantage. Looms empowers lenders to transform their lending process, enhance customer experiences, and achieve operational excellence. We invite all financial institutions to embrace Looms and embark on a journey towards lending innovation.”
— Otgonbayar. P, Former CEO, AND Solutions

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