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Flamingo Loan

Workers need flexibility. HR needs to be in charge. Both get exactly what they are looking for with Flamingo's loan module. HR will always be well documented to process every request and maintain compliance without paperwork.

  • Fast, policy-aligned requests with eligibility checks, role-based options, and smart loan
  • Enable automated repayments with real-time EMI breakdowns and integrated payroll deductions
  • Complete Disclosure to All Parties with Loan Balance, history and status are always current.

Why Companies Use Flamingo Loan Management

  • Easy loan requests

  • Smart approval procedures

  • Real time monitoring

  • Controls over closures & freezes

  • Avoid administrative hassles for loans

Features that Drive Outcomes

Flexible Loan Features
  • Workers can quickly apply online.
  • Required qualifications based on loan limits and repayment terms
  • Based on the policies, approvals are made
  • Schedules, due dates, and balances are updated instantly.
Behind-the-scenes loan tracking
  • Track repayments automatically go over cycles
  • Encourage loan early closures, and adjustments based on needs
  • Smart Approval to manage changes during the process
  • Employee can access their loan dashboard with permission
Custom Configuration based on your team’s needs
  • Assign different kinds of loans to different employee groups.
  • Assign regulations based on your needs
  • Define interest, tenure, and boundaries clearly
  • Provide user-based permissions for important data
Centralized Logs & Loan Reports
  • Record of all loan activity accurately
  • Easy data exporting for audit and financial teams
  • Know what’s pending with dashboards and filters
  • Transparency between HR, supervisors, and workers

Easy tracking and processing of loans with Flamingo

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