Origination

Fyndoo origination

Fast, efficient, accurate and user friendly. That’s Fyndoo, the new cloud-based credit assessment and provision application that allows multiple users to carry out a complete credit assessment and application. How do you achieve a financing solution together?

  1. For the first intake, decide quickly whether a relation qualifies for a loan from a Fyndoo user thanks to the ability to quickly import data from an existing system or file.
  2. Enter annual results or upload them in commonly used formats, and then determine a rating.
  3. Check the financial implications of the various follow-up scenarios.

Thanks to the smart, content-aware package, you can automatically see which list of documents should be added when entering the financing and securities, and quickly calculate your risk-based price for the financing.

  1. The proposal can be checked and reviewed by different roles before creating an approved offer.
  2. Now you just have to wait to receive the signed contract and additional documents, and the application information will be put through to the back office.

Intake

  • On-boarding the customer
  • Establish financing requirements
  • Perform pre-selection criteria
  • Perform customer due diligence, or customer review
  • Possibility to enter/import and analyse annual figures
  • Determine (URA) rating

Draw up a credit proposal

  • Check the financial implications of forecast scenarios
  • Register
  • Register collateral
  • Determine the risk-based pricing
  • Enter covenants/provisions

Credit proposal

  • Automatic approval, or manual approval using a 4/6/8-eyes principle.

Credit agreement

  • Generate (standard) agreement
  • Receive required documents
  • Dynamic documents list which automatically adds the required documents based on data that has been entered. It is possible to indicate whether documents have been received and approved
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New operations in Florida and South America came within reach.

- Jurgen Bosch, Prodes Miami Lcc
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February 17, Fyndoo introduction during Credion Networking Event.

- Wouter Pollmann, Fyndoo.com
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Our European customers got faster appropriate funding for used wind turbines.

- Reinold Disse, DutchWind BV