Siemens Financial Services, part of Siemens Healthcare Sector, has chosen the TurnKey Lender Unified Lending Platform to digitize its loan-approval process for almost instant decisioning.

Siemens Healthcare Sector is one of the world's largest suppliers to the healthcare industry, and a trendsetter in medical imaging, laboratory diagnostics, medical-information technology and hearing aids. Siemens provides products and solutions for the entire range of patient care from a single source – from prevention and early detection to diagnosis, treatment and aftercare.

The TurnKey Lender Unified Lending Platform is an intelligent Unified Lending Management system that automates the entire loan life cycle. This digital platform includes application processing, risk assessment, decisioning, loan origination, underwriting, servicing, collection, reporting, archiving, compliance and more. It also helps to instantly pre-qualify applicants using the AI-driven credit decisioning engine. This allows for a better experience for both the borrower and the lender in a time when a seamless lending process is important.

As healthcare organizations across the globe face financial pressures from new regulations and healthcare imperatives, providers will look to modernize healthcare infrastructure, technology and services by adapting to today’s digital shift with innovative technology like TurnKey Lender.

Siemens Financial Services supports investments with equipment financing and leasing, corporate lending, equity investments and project and structured financing.