Lending & financial verification

Give your lending team a clearer path from loan file to verification report.

VERIMTREX supports banks, NBFCs and fintech lenders with defined applicant, document, financial, tele-verification and field-verification workflows, based on the scope agreed with your institution.

Verification coverage

A complete layer around the loan file.

Build a verification package around the product, applicant type and checks your institution requires.

01 · APPLICANT

Applicant & KYC Verification

Identity, KYC information and supporting documents reviewed against the defined verification checklist.

02 · CONTACT

Contact Point Verification

Telephonic confirmation and defined contact checks for applicants, references or other approved contacts.

03 · ADDRESS

Residence & Address Verification

Address confirmation and physical verification assignments with documented observations where required.

04 · EMPLOYMENT

Employment Verification

Verification of employment details and relevant information within the agreed scope.

05 · BUSINESS

Business Verification

Business existence, operating location and defined business checks for relevant lending cases.

06 · FINANCIAL

Financial Document Review

Bank statements, income documents and financial records reviewed for defined verification requirements.

07 · PROPERTY

Property Document Verification

Review of agreed property-related documents such as deeds, tax receipts or other supporting records, where within scope.

08 · FIELD

Field Investigation

Residence, office or business visits with visit observations and supporting evidence as agreed.

09 · REPORT

Exception & Verification Reporting

Consolidated findings highlight completed checks, exceptions, pending items and observations for client review.

Pre-sanction support

Screen files before they move forward.

For institutions that use pre-sanction verification, VERIMTREX can support defined screening and sampling workflows. The exact population, sampling method and checks are agreed with the client.

File screening

Check submitted file against the agreed checklist
Identify missing or inconsistent information
Flag documents requiring additional review
Record verification observations

Sampling & quality review

Define the sample population with the client
Perform selected verification checks
Document findings and exceptions
Return a consolidated report
Managed workflow

Your lending team gets the report — not another workload.

Cases are submitted through the agreed process. VERIMTREX coordinates the verification work, quality review and reporting while the financial institution retains its own credit and business decisions.

01

Case received

Applicant information and supporting documents are submitted.

02

Checks completed

Our team performs the defined verification activities.

03

Report delivered

Structured findings and exceptions are returned for review.

Product flexibility

Adapt the verification package to your lending products.

The workflow can be defined for different applicant and loan categories, including retail, business and other lending programs, based on the institution's requirements.

Retail Lending

Applicant, KYC, residence, employment, financial and reference checks.

Business Lending

Business, address, financial-document, field and reference verification.

Other Lending Programs

Create a custom checklist around the verification requirements of the product.

Important distinction

Verification findings support your decision process.

VERIMTREX performs the agreed verification activities and provides findings. The client retains responsibility for its lending, credit and business decisions.