TakeBack Loans
Flexibility That Improves Loan Economics
Loans That Engage Borrowers
Take-Backs create a more engaged borrower post-funding. The power of Take-Backs help drive metrics beyond just loans.
Take-Backs can be deployed strategically to fit your over lending portfolio.
Whether you target all your fixed-rate/fixed-term loans or just a smaller subset, the origination is controlled by you and your risk tolerance. Cross-selling Take-Backs to your current borrowers to further enhance the relationship or offer Take-Backs at the front-line to increase your loan volume, either method helps drive the first PFI loan.
9 out of 10 consumers preferred a loan with Take-Backs to a similarly priced conventional loan.
Deepen Relationships
Take-Backs create more, better relationships. Sit back and let the combination of a borrower-friendly feature, transparently powerful dashboard, and integrated cross-sell work its magic.
30%
higher balances in their Kasasa checking
19%
higher originated balance
48%
of loans have a Take-Back balance available
8%
years younger than average borrowers
2x
as likely to have a Kasasa checking account
Benefit your borrowers
When borrowers Take-Back their money, we give them an optional field to indicate how they’re using the money. These are real responses from real borrowers.
Whether they’re handling unexpected life events (34%) or helping family (12%), your borrowers will remember when their financial institution helped out in their moment of need.