Loantree is a platform that connects borrowers with lenders, insurance applicants with insurers, and credit card applicants with banks that provide credit cards in the Philippines.
Each of these sectors routinely face difficulties with their current acquisition strategy of using Agents.
Agents typically come with some advantages but the disadvantages seriously weigh down their benefits.
For example:
They misrepresent the lending company or the insurance company.
Sometimes they add on "processing fees", or other fees to augment their own income unbeknownst to the lender/insurer.
Some of them flat out tell the applicants to lie on their applications.
They give out varying interest rates to sway the applicant in their favor but the lending/insurance company's interest rate is something different.
They don't mention the various penalty fees a lending/insurance company charges. Like for instance, if the cheque bounces, or late payment, etc.
This hurts the reputation and image of a lending company a lot!
In the end, it causes frustration for the lenders.
This is why Loantree was created - everything is transparent to the applicant right from the beginning.
All we do is get the contact details of an applicant who is very interested in getting a loan. We then pass this information on to our partner lending companies who will take over.
Hassle-free growth of lending portfolios!
If you're a bank, lender, or an insurer who wants to grow their customer base - get in touch!
Company Details
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- loantree.ph
Loantree Questions
Loantree's website is loantree.ph
Loantree's LinkedIn profile is https://www.linkedin.com/company/loantree
Loantree's industry is
Financial Services
Loantree's top competitors are
Loan Garden,
Sg Finserve,
Star Finreal Advisors Pvt Ltd,
True Fincap Services Private Limited,
Sumrudra Finance,
Loan Tree Finserve Private Limited,
Lonetree Wealth Management,
Lone Tree,
Frostynova,
Lonetree.
Loantree's categories are Financial Services
