Biz2X launches API-based loan management system to speed up loan cycle

The solution minimises human error, offers customer detailed portfolio on a single click and helps him achieve cost savings

Biz2X, a Noida-based digital-lending SaaS platform that enables financial institutions to provide a customised online loan servicing experience for their small- and mid-size business customers, has announced the launch of Biz2X LMS (Loan Management System), an end-to-end API-based platform for loan management, servicing, and collections.

A company release says the LMS is an advanced and comprehensive bank loan management system that automates the entire loan lifecycle for achieving cost savings and enhanced customer experience. It is accessible from REST API and can be integrated with any downstream or upstream system, including core banking systems, accounting software, and consumer-facing apps.

The release says