Partners
Add SureNorth surety to your financing offer.
SureNorth works with lenders and financing companies that want to serve more consumers through a structured personal loan surety program.
Target partners
- Alternative lenders and financing companies
- Digital lending platforms
- Fintech companies and embedded-finance providers
- Companies that administer consumer credit programs
- Card issuers and payment service providers
Proposed implementation
- 1
Define the product, jurisdiction, amounts and criteria.
- 2
Map the required data and documents.
- 3
Configure the submission and decision process.
- 4
Complete operational testing, compliance review and training.
- 5
Launch on a controlled basis and monitor performance.
- 6
Adjust the rules based on agreed results.
Program terms to define
| Area | Items to document |
|---|---|
| Product | Amounts, term, frequency, rate and applicable fees |
| Eligibility | Status, income, tenure, ratios, exclusions and limits |
| Decision | Automated rules, manual review and service levels |
| Surety | Scope, duration, claims, recovery and loss sharing |
| Card | Issuer, loading, fees, limits, support and unclaimed balances |
| Credit | Reporting entity, bureaus, frequency and dispute handling |
| Data | Consent, security, retention and responsibilities |
| Service | Complaints, access requests, errors and consumer support |