A Honduran motorbike dealership looking to offer direct financing to their clients required a system to manage their clients and loans.
As with all financial applications, special care needs to be taken around monetary calculations to avoid approximation errors and comply with accounting processes.
The stated goal was to develop fast and scalable web application to manage the complete loan lifecycle. From the initial loan quote, additional principal payments negotiation, interest calculations and credit approval, all the way to collections and payment receipts management.
Also, the application needs a strong security system to protect all sensitive and confidential information.
A modern, and secure web application that currently handles thousands of clients and loans. The system is built around a complete RESTful API that powers the AngularJS front-end and integrations with other back-office systems.