Digital Credit Programs Drive 15-30% Sales Growth, Says LeanCore CEO

Companies implementing digital credit programs report sales increases of 15% to 30%, according to Lucas Flórez, cofounder and CEO of LeanCore, a Colombia-based fintech firm specializing in digital credit infrastructure.

Digital Credit Programs Boost Sales by 15-30%

Flórez highlighted that sales growth varies by sector and business strategy, with transaction values often rising as customers opt for flexible payment plans. “Many brands already understand their customers’ financial needs and can structure credit programs that align with their operations,” he said. This approach, he added, enables companies to streamline the purchase process from initial interest to credit approval.

LeanCore’s platform facilitates digital credit workflows, including identity verification, risk assessment, electronic signatures, and fund disbursement. By automating these steps, businesses reduce approval times from days to minutes, according to the company.

Streamlining Credit Processes with Technology

Flórez emphasized that digital credit systems eliminate reliance on traditional financial institutions, allowing companies to centralize credit management on a single platform. “This reduces manual processes and accelerates decision-making,” he explained. The technology also enables real-time risk monitoring and tailored financing solutions for diverse customer segments.

Expanding Credit Access in Colombia

LeanCore’s model could address gaps in financial inclusion, particularly for individuals with irregular incomes or limited credit histories. “Digital tools allow companies to design credit schemes that adapt to specific sector needs,” Flórez said. This approach, he argued, strengthens customer relationships while mitigating risk through data-driven analysis.

Future Outlook for Digital Credit Solutions

Flórez noted that LeanCore’s platform includes tools for tracking the entire credit lifecycle, from application to repayment.