ManageMe for Financiers

A loan condition, not a lending decision.

Evaluating loan applications is often a case of excitement and despair. You get both types of applications. You have no idea who did the numbers nor how they were derived. Data is most often delivered in a summary format. If you give them printed forms to complete, little changes. Still no idea on origin of data, depth, relevance, validity and accuracy of the data provided.

ManageMe is a tool created to standardise the evaluation of all SME loan applications in the same format and thought processes within a single tool. It standardises your input data and does not replace your assessment methodologies. An API could be provided for you to pull the data automatically into your own financial loan assessment tools.

This is not a credit assessment tool and it does not replace your own methodologies. It is a standardised assessment of the abilities of the intended borrower. It is a risk mitigation and standardisation tool. These benefits are greatly enhanced if you additionally utilise our Entrepreneurial Assessment to understand their strengths and weaknesses in respect of their business skills. This is executed across 6 different criteria.

Benefit 1. - A prospective client who is willing and able to sit down and produce a proper, full budget is telling you something real about how they run their business. It can be done in stages but is only valid when complete. Increased internal efficiency for your own staff. Reduced repayment failure risk is a major benefit.

Benefit 2. - You are no longer checking their formulae and their logic. You are now assessing what matters, their business financial skills.

Benefit 3. - The methodology forces accuracy and our research indicate the data is most often more accurate and consequently more dependable.

Make it part of the loan application condition. It sits alongside your existing loan application and covenant review process, adds no burden on your team, and gives you a consistent, comparable input across every applicant you assess.

The system addresses various common budgeting errors and operational issues related to annual price increases and increased operational costs. The system is pre-populated with the formulae and have been tested by a Chartered Accountant.

ManageMe methodology can be reviewed in more detail if you request further information.

As an optional addition you can also invite the client to complete our research based Entrepreneurial Assessment. This Assessment highlights across all relevant criteria their own strengths and weaknesses. This is a risk mitigation tool for both your firm and the client and allows you to provide relevant guidance in the future.

Make ManageMe part of your loan evaluation process and your standard terms and conditions. Add Entrepreneur Assessment to your client selection process.