Commercial Lending Is All About Relationships
A configurable LOS connects the dots between processes, data, and people so you can focus on building relationships, not paperwork.
Create Economic Growth In Your Community
Commercial lending creates opportunities, but complex business relationships and regulations can make getting money into the hands of borrowers difficult.
Complex Borrower Relationships
Commercial entities are complex. A complete picture powers informed lending decisions.
Lack of Transparency
Borrowers want updates on the progress of their loan request.
Data Silos and Disconnects
Departments using different data and processes is inefficient.
Helping Top Institutions Deepen Relationships
Manage Complex Relationships
Get a holistic view of commercial borrowers to effectively manage complex relationships and make informed decisions.
Analyze Borrower Financials
Ditch spreadsheets – spread statements and conduct financial analysis while maintaining data integrity and traceability.
Track Covenants to Understand Risk
Automate covenant creation and tracking while spreading financials to get an ongoing view of risk – not just at the time of decision.
Automate Tickler and Exception Management
Enhance borrower communication and ensure compliance with automated tickler and exception item management.
Connect Your Data
Take your borrowers’ data from multiple sources and put it exactly where your team needs it – when they need it.
Create Dynamic Credit Memos
Pull data from applications, deals, and underwriting to one point of decision with a flexible, dynamic credit memo.
Get Added Functionality When You Need It
Take advantage of additional modular lending tools to enhance your loan origination system investment when you’re ready.
Guide to Optimizing Commercial Lending
A Commercial Loan Origination Ecosystem
Streamline Processes and Create Opportunities
Streamlining commercial lending helps institutions invest more in their communities.
Loan and Member Growth
Unlocking efficiency and growth
Streamlined growth
Partners in growth
Steady loan growth
Resources for Commercial Lending
Learn how an LOS helps simplify commercial lending
Frequently Asked Questions
Top questions about commercial loan origination solutions
What is a loan origination system and how does it work in commercial lending?
A loan origination system (LOS) is a digital platform that automates and manages the end-to-end loan process. In commercial lending, it streamlines application processing, underwriting, and closing, ensuring faster approvals and enhanced accuracy.
How do loan origination systems benefit banks and credit unions in commercial lending?
LOS solutions enhance efficiency by reducing manual paperwork, minimizing errors, and speeding up the loan approval process. They also provide better risk assessment tools and improve customer service by offering quick and transparent loan processing.
Why is automation important in a loan origination system?
Automation reduces processing time, lowers operational costs, and minimizes human error in the loan origination process. It allows lenders to handle a higher volume of applications efficiently and improves the overall customer experience.
Can a loan origination system improve the borrower experience in commercial lending?
Yes, an LOS provides a streamlined application process, faster decision making, and transparent communication, which enhances the overall experience for borrowers. It also enables customers to track their loan status in real time.
What are the cost implications of implementing a loan origination system for commercial lending?
While there is an initial investment involved, an LOS can lead to significant cost savings over time through increased efficiency, faster processing times, and reduced need for manual labor, ultimately providing a good return on investment.
How does a loan origination system ensure compliance in commercial lending?
An LOS is equipped with compliance management tools that automatically update and track regulatory requirements. This ensures that all stages of the loan process adhere to relevant legal standards, reducing the risk of non-compliance penalties.
How does a loan origination system integrate with existing banking systems?
Modern LOS platforms are designed to seamlessly integrate with core banking systems, CRM, and other financial software, ensuring smooth data flow and minimizing disruptions to existing processes.
