{"id":18226,"date":"2021-10-19T09:20:00","date_gmt":"2021-10-19T09:20:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/10\/19\/singapore-automotive-solutions-experts-appvantage-launch-digital-solution-to-revolutionise-car-loan-applications\/"},"modified":"2021-10-19T09:20:00","modified_gmt":"2021-10-19T09:20:00","slug":"singapore-automotive-solutions-experts-appvantage-launch-digital-solution-to-revolutionise-car-loan-applications","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/10\/19\/singapore-automotive-solutions-experts-appvantage-launch-digital-solution-to-revolutionise-car-loan-applications\/","title":{"rendered":"Singapore automotive solutions experts Appvantage launch digital solution to revolutionise car loan applications"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>SINGAPORE&#13;<br \/>\n&#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a>\u00a0&#8211;\u00a019 October 2021 &#8211; Appvantage, Singapore&#8217;s leading automotive digital solutions&#13;<br \/>\nprovider, announces the full-scale offering of its Financial Loan Application&#13;<br \/>\n(FLA) solution to Small and Medium Enterprises (SMEs) in the automotive&#13;<br \/>\nindustry to spearhead their digital presence and capabilities in <a href=\"https:\/\/www.appvantage.co\/finance-loan-application\/\">auto \ufb01nance.<\/a><\/p>\n<p>A pioneering digital solution for auto financing,&#13;<br \/>\nAppvantage&#8217;s FLA allows, credit agencies, \ufb01nancial leasing companies, and&#13;<br \/>\nin-house \ufb01nance providers to process car loan applications accurately, quickly,&#13;<br \/>\nand securely.<\/p>\n<p>\u00a0<\/p>\n<p>As its latest addition to an arsenal of tech-led SME&#13;<br \/>\nsolutions, FLA aims to tackle the pain points faced by loan providers when&#13;<br \/>\nprocessing loan applications from their dealership partners.<\/p>\n<p>\u00a0<\/p>\n<p>&#8220;One&#13;<br \/>\nof the key issues for loans is that borrowers will need to dig up income&#13;<br \/>\nstatements, notice of assessments, employment details, and other bits and&#13;<br \/>\npieces of personal information. Finance providers will then need to scrutinise&#13;<br \/>\nthat data to review \ufb01nance applications. With Appvantage, that&#8217;s a thing of the&#13;<br \/>\npast.&#8221;, said Appvantage Managing Director Eng Poo Yang.<\/p>\n<p><span>The financial leasing\/ credit agency can offer a \ufb01xed or customized&#13;<br \/>\nfinance product before requesting for customer veri\ufb01cation. Borrowers receive&#13;<br \/>\nan SMS link to process the application by signing in to <\/span><span><a href=\"https:\/\/www.singpass.gov.sg\/main\">S ingpass,<\/a><\/span><span> and using MyInfo to review and share data with the&#13;<br \/>\n\ufb01nance company.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>Upon receiving the data from the customer, credit agencies can approve,&#13;<br \/>\nreject, or re-negotiate the application before informing the dealer to follow up with&#13;<br \/>\nthe customer to complete the sales agreement.<\/p>\n<p><i>\u00a0<\/i><\/p>\n<p>This&#13;<br \/>\nprocess ensures applications take no longer than 5 minutes, removes unnecessary&#13;<br \/>\npaperwork, data entry errors and saves time and resources through the&#13;<br \/>\nautomation of loan applications.<\/p>\n<p>\u00a0<\/p>\n<p>Appvantage&#8217;s&#13;<br \/>\nFinance Loan Application solution for financial leasing companies and credit&#13;<br \/>\nagencies is now ready for product demos and onboarding trials on <a href=\"https:\/\/www.appvantage.co\/finance-loan-application\/\">https:\/\/www.appvantage.co\/finance-loan-application\/<\/a><\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-10-19\/99757\/singapore-automotive-solutions-experts-appvantage-launch-digital-solution-to-revolutionise-car-loan-applications\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE&#13; &#8211;\u00a0Media OutReach\u00a0&#8211;\u00a019 October 2021 &#8211; Appvantage, Singapore&#8217;s leading automotive digital solutions&#13; provider, announces the full-scale offering of its Financial Loan Application&#13; (FLA) solution to Small and Medium Enterprises (SMEs) in the automotive&#13; industry to spearhead their digital presence and capabilities in auto \ufb01nance. A pioneering digital solution for auto financing,&#13; Appvantage&#8217;s FLA allows, credit &hellip;<\/p>\n","protected":false},"author":1,"featured_media":18227,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18226"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=18226"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/18227"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=18226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=18226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=18226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}