Loan recovery is very critical for asset management. And loan recovery processes should be a win-win for both the lenders and the borrowers.
The story was told of a woman who got furious when her bank kept debiting her account after she had completely settled her loan repayment.
One of the key procedures in loan recovery is ensuring accurate loan amortization schedule. This will guide against any error and whatever argument that could arise in the process of settlement.
With Sysbanker EE, our specially designed microfinance banking software in Nigeria, flawless loan repayment process is guaranteed as the software automates loan repayment from customers account, and deductions automatically stops after repayment is completed.
Reach out to us today at Mira Technologies and and let’s share how Sysbanker EE can help with your loan management and recovery processes.
Sysbanker EE: your reliable partner in microfinance banking.