We recently surveyed a group of lenders focused on small and medium enterprises (SMEs) in the Philippines. While the group was small, the results were loud and clear: you’re lending real money, managing real risk, and you’re ready for tools that actually work in local conditions.
Here’s what you told us—and how LenderLink can help:
1. You’re lending big, even at smaller scale
Most of you issue loans worth Php300,000 or more, but keep operations lean with fewer than 10,000 records. That shows discipline—but it also means every approval matters.
2. Approval rates vary wildly
Some lenders are approving up to 70% of applications. Others? As low as 8%. Why the gap? It comes down to one thing: confidence. You need better data to make faster, smarter calls.
3. Defaults are real and rising
With reported NPLs from 10% to 30%, risk management isn’t just a backend concern. It’s front and center in every decision. More accurate insights could make the difference between a performing portfolio and a draining one.
4. You’re open to data but need support to use it
Half of you said you’re ready to consume data via API with a little help. Others prefer batch. Either way, the appetite is there. What’s missing is a provider that understands your workflow.
5. You know what data you need
Negative lists. Cross-lender exposure. Fraud signals. Past rejection reasons. You know exactly what would help but it has to be accessible, timely, and built for local lending realities.
Where LenderLink comes in
LenderLink was built with lenders in mind. We offer:
- Actionable credit insights based on local borrower behavior
- Flexible access via API
- Pricing designed for lean teams
If you want to approve more loans without taking on more risk, we’d love to show you how we can help.
Book a quick demo and see how better data can transform your lending decisions.
