Panamax Launches Lending Platform "E-Lend"

New York, June 14, 2018 (Newswire.com) – Panamax recently launched “e-lend”, an end-to-end loan lifecycle management for banks, credit unions, large financial companies, telcos and leasing companies.

The “e-lend” platform is designed for big data processing, predictive/behavioral analysis and to make informed decisions based on cost and risk analysis. Digital lenders face the risk of a limited working capital, bad credit decisions due to inaccurate risk assessment, piled up non-performing loans, compliance pressures and lack of enterprise level IT expertise. The “e-lend” platform will resolve all these problems and make lending easy.

Banks, large financial companies and telcos are the best placed to provide microcredit solutions to customers/subscribers. “e-lend” offers them 6 key advantages – namely informed decisions, operational efficiency, easy deployment, quick IT support, affordable investment and hence increased profit.