A major challenge for commercial lenders is making better and faster credit decisions that can positively impact your bottom-line profitability. Lenders either impose overly protective cut-off and approval thresholds or create time consuming manual review processes and rules. The key to conquering this challenge is implementing a predictive automated credit scoring model.

Product Sheet

Details

PayNet MasterScore Plus is an enhanced version of the powerful PayNet MasterScore that incorporates Business Background information, UCC Public Filing Information and enhancements to existing variables to provide even more predictive power. PayNet MasterScore Plus is developed from the largest pool of term debt leases and loans ever compiled to predict 90+ Days Past Due (DPD) on a 3 digit scale.

The PayNet MasterScore Plus contains a total of 169 variables with 55 unique variables. These variables are filtered through 9 separate score cards – Transportation, Construction, Agriculture, Healthcare, and Retailer industries, as well as small and large ticket transactions – each built to consider repayment determinants unique to specific industries. Six new variables are included which are particularly powerful on small business applications with a limited credit history. PayNet MasterScore Plus can provide up to a 19% increase in predictive lift over a typical commercial credit score, which can help you better protect against losses without having to reduce originations.

Achieves Increased Predictiveness with State-of-the-Art Scoring Science that Utilizes 169 Variables in 9 Distinct Borrower Segment Scorecards

Key Benefits

The PayNet MasterScore Plus' powerful ability to predict borrowers' risk translates into a 19% increase in overall predictive lift compared to a typical commercial credit score, allowing lenders to automate and improve their credit decisions. On average, PayNet MasterScore Plus enables a 15.1% reduction in defaults without reducing originations or, enables a 7.1% increase in approvals and bookings without increasing defaults.

The greater predictive power of PayNet MasterScore Plus translates into financial benefits for your organization as this value comparison illustrates.

Solutions

PayNet MasterScore Plus Solutions

The Challenge

Our Solution
  • Expediting decisions on small ticket applicants with limited credit history
  • Predictive scoring system that profiles borrowers' business and risk characteristics
  • Regulatory demands for procedural consistency and compliance
  • Greater underwriting consistency, simplicity, thoroughness, and control
  • Squeezed bottom-line profit margins
  • Increased operational efficiency with less manual intervention required to gather data and subjectively assess its implications
  • Understand borrowers' true risk potential
  • Segments borrowers by industry - Transportation, Construction, Agriculture, Healthcare, and Retail - geographic segments, and borrower size