In-House Lenders

Free 15 day trial Free 15 day trial

In-House Customer Financing Grows Your Business

Explore new revenue opportunity and improve customer interactions.
Offer loans to your clients directly, without the intermediate party.
Apply an advanced, end-to-end digital lending solution to increase your market share.
Compete with the financial companies offering payment plans for your customer.

Discover the Advantages of Intelligent In-House Lending for Manufacturers, Distributors and Retailers

Boost Overall ROI increase your average order value by 58%, increase the purchase frequency by 20% in one month, and increase your sales conversion rate by 44%.
Win Repeat Business Integrating additional payment options makes the purchasing experience seamless and increases your chances of landing repeat businesses with existing customers.
Earn Customer Loyalty offer an easy payment option for customers and deliver quality service, you increase your chance of earning their loyalty. This is the best way to get them to buy from you again in the future.
Improve Customer Experience Retail financing options reduce barriers to payment and empower your customers to buy more services and products with ease. Customer satisfaction is a very important aspect of running a successful business.

Intelengence Solution for In-House Financing

Fully Digital Processing

CompassWay is an all-in-one lending platform that automates the loan origination process from application to funding, delivering a best-in-class experience for your clients and team – for any loan product. With advanced algorithms and analytics, vendors can quickly score clients and automatically make credit decisions, anywhere in the globe. The digital lending platform allows you to quickly issue a loan with zero paperwork. Faster loan approvals and releases will reduce the “time to yes” from weeks to minutes -

Credit Decision Making

Customer creditworthiness is measured accurately and fast according to the predefined parameters. Making both automatic and semi-automatic credit decisions with SaaS takes seconds and guarantees you're dealing with the right debtors under the right conditions.That allows retailers to offer the best loan conditions to borrowers while staying safe from default probability.

Customer Centricity of Digital Lending

Enhance client experience with bank-grade technologies that can be easily customized to meet your specific needs. Flexible finance options show that a business understands its customers’ needs and is willing to empower them with purchase power.

Easy Debt Collections

Borrowers can easily perform a wide range of account-related activity on their own, including making and scheduling payments, setting up autopay, customizing their payment plan, accessing statements, updating account information and more.

Adjustable Functionality

The platform supports extensive customization; no modifications to the system's source code are required. SaaS allows you to run complicated lending processes using adjustable and user-friendly interfaces. The solution can be white-labeled and includes specialized workspaces for various staff roles as well as in-store debtors.

System Personalization

Streamline your operations by selecting the features that perfectly meet your specific needs, and our support team will design a lending solution for starting in-house financing program

Who Can Benefit from In-House Financing

Service providers and retailers can benefit from smart automation of the whole lending process.

Manufacturing Companies

Reducing the amount of time it takes to get paid for products or services sold.

Improving cash flow and working capital needs.

Allowing you to offer special financing terms not available through banks or other lenders.

Jewelry Stores

By extending credit to new customers, stores can open up their doors to a whole new group of people who may not have been able to afford their products before.

In-House financing helps customers get the pieces they want, but it also builds loyalty and encourages return visits.

Auto Dealership

Thanks to integrations specific to auto industry, such as GPS Tracking dealers remain in full control over the vehicles that are not paid up for. Easily locate and, if need be, shut down the engine of a person that doesn’t pay back their loan.

Increase your sales volume by offering great deals on vehicles without taking any risks.

Medical Equipment

Quickly roll out new programmes and fully customised credit solutions designed specifically for your clients. thanks to the hyper-flexible credit product setting Eliminate human error and operational inefficiencies. 

House Renovation

By offering financing options, service providers can make their services more accessible and affordable to customers, which can lead to increased revenue and growth.

Education

In-House financing can help educational institutions attract and retain students. By offering financing options, institutions can differentiate themselves from competitors and make education more affordable for students, which can lead to higher enrollment and retention rates.

What We Offer

Smart Automation

We start off by end-to-end digital lending automation. Compassway is a powerful and highly adjustable platform that enables paperless procedures and smooth workflows.

Credit Scorecard Evaluation

We combine standard credit bureau scoring with a copyrighted AI-powered scorecard, as well as some alternative approaches to analyze borrower data.

System Personalization

Streamline your operations by selecting the features that perfectly meet your specific needs, and our support team will design a smooth loan program for your finance enterprise.

Why Choose Compassway

Credit Decision-making without Compassway - 3 days.

Operative Performance Without Compassway - low.

Credit Decision-making with Compassway - 30 seconds.

Operative Performance With Compassway - +267%.

Compassway Retail for Business

Compassway Retail Platform for small businesses is an intelligent cloud-based solution that takes now just ONE day to deploy and can be perfectly suited to your business.

Developing a unique proposal for you & Negotiations - 1 week.

Initial Project Assessment & Research - 1 week.

Implementation & Customization - 2-8 weeks.

Maintenance & Support - Included.

WHAT
CUSTOMERS SAY

We used to have an older system that required more than a day to update or deploy a new risk model. In addition, credit decisions were slow. We estimated we were losing 15% of customers due to abandoned applications. For millennials, who are now a majority of our clients, responsiveness and convenience are key for lending services. We implemented an end-to-end digital lending platform offered by CompassWay and it allowed to significantly improve customer retention. Up-to-date risk models also mean lower defaults rate and improved profitability. The system is easy to work with in case we need to add new clients or product types. We also received excellent customer support from CompassWay team. Overall very satisfied with the upgrade decision.

Denis BobrovCFO of CreditUP

Our key clients are SME firms that sell their products using social media platform such as Instagram and Facebook. They have magnitude of various products and various preferences in the lending options they would like to provide to their customers. Thus, we needed a powerful, yet flexible and simple system, which would allow quick onboarding of new clients and their products. CompassWay offered a solution that not only satisfied these criteria but also was intuitive and easy for the customers of our clients. That allowed to create a seamless shopping experience, as well as improve customers’ satisfaction and rate of completed sales. For our team, working with CompassWay was very easy. Since the system was highly customizable out of the box, we were up and running in just several weeks. We also benefitted from their business expertise and improved a weak link in our processes we did not know was a problem. Highly recommended company to work with.

Irina SenenkoHead of Customer Service at PIE CREDIT

Nowadays, the competition in online trading is stronger than ever. In order to outperform the rest and come out ahead, we needed to provide our customers with services that would keep them on the site. Many buyers came to our online store, but there was much less talk about sales. We reached out to the Compassway team for help because Compassway is in the business of developing and implementing advanced digital solutions, and they advised us to first consider implementing a product on credit or in installments. Indeed, most often the reason that buyers leave the site without making a purchase is banal: they do not have enough money. We listened to advice, and now every customer who enters our website and selects a product immediately sees the "buy on credit" button with a convenient loan calculator and BNPL option in the checkout. He understands that he can afford to buy now, and pay later and in installments. As a result, it was possible to increase profits and total sales by 30%, as the client now purchases a product of a higher price category, or increases the number of purchases.

Natalia BurkoHead of Business Development at Taksaexpress