New credit management solution for SMEs

Bluering, a Beirut-based software company, launched its SME Credit Management Solution for small and medium enterprises.

The new solution was developed for banks interested in targeting the SME market through a software application that automates their credit process, controls their lending, and reduces associated risks.

Fares Kobeissi, Bluering’s Chairman and CEO, stated: "Expanding SME lending in banks is associated with high credit and operational risk, we created an SME solution that allows banks to increase financing while keeping their risk controlled."

The SME Credit Management Solution to banks can be tailor-made upon the bank's requirements.
This solution is the third featured product launched by Bluering, after the success of the two Corporate, and Retail Credit Management Solutions.