pennApps Lending Factory is a future-ready lending platform built on an innovative concept of functional factories and business process driven execution engines to deliver product modularity, flexibility and componentisation. Lending Factory encompasses the end-to-end lending lifecycle covering loan origination, loan servicing and collections. The product architecture allows a financial services company to define, deploy and manage business processes without any dependency on a vendor or internal technology teams. This enables financial institutions to quickly launch and enter in to new product segments like auto loans, personal loans, consumer loans, BNPL loans, SME loans, commercial loans, etc. Owing to its key differentiators, future-proof architecture, high configurability and scalability, Lending Factory helps banks and financial institutions stay ahead of the market curve by delivering superior customer experiences, enabling product innovations including quick launch of innovative offerings and driving business agility. E.g. Technology agnostic attribute of the platform helps reduce total cost of ownership (TCO) by enabling easy integration with diverse tech ecosystem (platforms, database, cloud, etc.) and seamlessly scale lending operations as the business grows.