Can external data substantially improve your Early Warning system and prioritize collection and workout effort? Absolutely, proactive portfolio management can guide your loss mitigation resources to take action earlier in the default cycle leading to lower losses. PayNet’s solutions are specifically designed to help you in these efforts.
PayNet’s data and analytics on your specific borrowers will alert you when they begin to deteriorate and help you quantify the impact of those changes on your portfolio’s risk outlook.
PayNet solutions help you identify borrowers who may not be paying you while they are paying other lenders.
PayNet’s database of over 23 million small business loans nationwide is utilized to analyze the impact that both the national economy and local economy can play in identifying risk factors and potential default.