Best Commercial Loan Software of 2024

Portfolio+ is an ecosystem that connects customers and financial service providers to provide a personalized banking experience. Our platform for consumer-directed banking and robust APIs offer bespoke financial services without exposing customer data. Financial software solutions that are secure and industry-proven. We can help you grow your business in tech-savvy, hyperconnected financial institutions. Our open banking ecosystem empowers customers and monetizes financial service providers' products. Our core banking platform ensures that transactions in Canada are completed efficiently and in a timely manner. Our clients receive training and consulting services to help finance professionals capitalize on fintech.

All your loan applications can be created, managed, and tracked in one place. It all comes together with user-definable checklists, loan approval workflows and tracking documents and images. You can also transfer to servicing with just one button. You can configure your software for commercial mortgages with incredible flexibility. You can service your commercial mortgages, participation and construction loans, loans with multiple escrow accounts, complex asset management requirements, and many other loans. With in-depth analytics and a complete financial record, managing your loan accounting is made easy with a user-defined GL interface. A variety of standard reports are available, as well as an easy-to-use reportwriter. Investor reporting is made simple with complete access to your data. We can help you with all your loan management reporting needs.

AssetWriter field examination paper and write-up software are the most widely used ABL Field Exam Software Package for ABL Due Diligence (see our distinguished customers list). The currency module add-on supports international inputs to create a consolidated output for any currency. The graphing module allows graphs to be included in the write-ups and workpapers. It accepts data feeds directly from AssetReader Data Ana software, which allows for less keying and fewer errors. This makes it the most integrated ABL package anywhere. The "Template-Based Report" setup allows users to customize the look and content to meet current Lender needs. Future changes can be made to older exams by placing them into the "Templates".

High quality reports can be viewed and exported. Reports include borrower numbers and loan portfolios, arrears reports as well as expected vs actual payment, collection sheets, provisioning, and many other details. You can enhance your brand with powerful customization options that are easy to use. You can create virtually any design or layout with one template. You can find what you need in one template, and combine features as you wish. It is now that you can bring your plans and ideas to life. It's easy and simple to start your business today. All you need is your brand identity. A fully functioning lending website is available, which can be self-branded without the need for any integrations, coding, or technical knowledge. The system features a flexible loan module that you can modify or customize to meet your microfinance requirements. You can manage loan term, interest rate and repayment schedule. You can also choose to calculate interest using a different method. Most functions can be performed in a matter of seconds.

Bancorp has been providing nonbank businesses with the people, processes, and banking technology they need to meet their specific needs. We have grown to be a leading provider of technology-forward solutions that help our partners' businesses move into the future. The Bancorp is your partner in helping you grow, maintain, and expand your business. The Bancorp is more than a payment innovation platform for our clients. We build lasting partnerships by focusing on the future with technology and services. We don't settle for the best solutions today. Instead, we look for new technologies to create more efficient, scalable, and agile services. We strive to transform the payments landscape every day. Bancorp Institutional Banking provides innovative lending and deposit solutions to financial professionals that seamlessly integrate with wealth management strategies.

Able is used by commercial lenders to quickly collect information from borrowers, streamline loan processes, and book loans quicker. Able uses AI for expediting commercial loan processes. Able is used by commercial lenders to quickly gather information, process documents and collaborate with all parties. All parties involved in the transaction, both inside and outside the bank, have secure access to all the information they need. To streamline information management, Able can unify the borrower information in your loan origination system, CRM, content management and email systems. All parties to the transaction have access to the same information. To streamline renewals and servicing, set up recurring information requests. Able's AI can quickly and easily gather information from borrowers.

No upfront implementation fees and a transformation of your client experience. Our implementation costs are spread over the term of your contract so that you can provide the experience that your clients want today. Our clients receive value quickly by ensuring rapid deployment. Our in-house project team and customer success team will ensure your platform is up in no time. We offer consulting and professional services for clients who require a highly customized deployment. We can help you with everything, from custom workflow design to software creation. We offer easy client onboarding, online data room for your funds, simplified document management, and eSignature. A rich Investor portal also offers a feature-rich Investor Portal. Online capital raising can reduce your time, cut down on costs, and give your clients a great experience. Integrated data rooms make it easy for clients to see your offerings and learn more about you.

Intellect Xponent, an intelligent workbench, uses big data, risk analysis frameworks and a customized workflow to deliver a truly next-generation experience in commercial underwriting. This will significantly improve submission accuracy and reduce data error-related risk. It will also increase the overall throughput speed of your underwriting team and efficiency. Different Intake sources can lead to inconsistent or incorrect submission data, leading to premium leakage and mitigatable risk. The manual and paper-intensive submissions can only guarantee basic data accuracy. There is no way to store the data properly for collaborative access without disrupting core-business continuity. Your underwriters can now use real-time data to create the perfect policy. You get 360-degree intelligence reports that show you all the properties and locations of your customers in seconds. This protects your risk.

Our software supports the Potential Delinquency collection method, which is used by enterprise-lenders to increase month-end collections by up to 30%. As the basis for assigning risk grade (A-E), we use Net Balance at Risk (NBAR). This is powered by six scoring models. Based on past activity, our software calculates the best time for a borrower to contact them for each phone number. Your right-party contacts will increase and your portfolio will be less likely to receive calls. Intelligent sorting algorithms allow our smart work queues to adjust each agent's worklists. If a customer fails to pay their bill on time, the account will be at the top of your list. Our software assigns a risk score to each loan so you can assign the most difficult accounts to your top collectors. Our reporting package will help identify your top collectors. Based on account stage and borrower response rates, our software will recommend the best course of action.

BrightOffice Lender CRM, a cloud-based, complete loan management solution for loan providers, is available. BrightOffice Lender CRM, a cloud-based, complete loan management solution for loan providers, is available. Our all-in-one solution is based on the experience of people who have worked in the industry. It provides everything you need, from inquiry to fact-finding, through to customer onboarding, loan ledger management, and application. The flexible workflow engine can be customized to fit your business processes, SLAs and product types. It includes email, documents and letters, as well as SMS communications. We have successfully integrated many companies such as Experian, TransUnion, UK Land Registry, and Microsoft Power BI using our open-ended API. You can customize the CRM with your company logo and colors to create a professional experience. You can easily populate whole addresses by adding postcodes, increasing accuracy while also saving time.

Avoid endless forms and dead-end conversations. You can provide information once and communicate with multiple lenders simultaneously. Our experts will help you avoid the pitfalls and prepare you for every interaction with potential lenders. You can connect with lenders in half of the time than traditional methods so that you can spend more time on your business. After completing your profile, you will be connected to the top banks that meet your needs within two business days. Our experts will help you through the entire process, from comparing offers to choosing the right lender. We will answer all your questions and prepare you for any interaction with potential lenders, from preparing for your first meeting with financial intuitions to selecting a partner.

Small businesses can create complete packages in record time with the Applicant Portal. Empower your financial institution with a cutting edge loan origination enhancement tool, under your brand. This will provide a seamless experience to your users. Our platform can be customized to match your brand and ensure a familiar, engaging user experience. Connect our solution seamlessly with your systems to create a unified, efficient loan processing experience. With an intuitive platform, you can drive user engagement and loyalty by keeping your customers connected. Optimize loan approval rates with personalized recommendations and readiness scoring. Data-driven analytics can be used to monitor applicant readiness and maximize the efficiency of underwriting.

Financial Performance Suite (FPS), an integrated solution set, enables your institution access pricing, profitability and CECL compliance tools in one place. It is also moving towards agile information delivery systems that allow for greater collaboration between finance, risk and lending. Imagine your team having access to a powerful array of integrated products through one hosted system. This would improve decision-making. FPS allows your marketing, finance, lending, and accounting staff to access valuable tools in one place.

Math Corporation's ZMath®, Engine is a loan calculator engine for the lending industry. Our products offer the functionality required for all lending disciplines (i.e. Our products are suitable for all lending disciplines (i.e. mortgage, consumer, and commercial). ZMath®, Engine is supplied as a component for our customer's loan calculator software applications. End-user institutions are the most common ZMath®, Engine users (i.e. banks, mortgage companies, etc. LOS software vendors, loan document service providers, and application service providers. It's easy to "drop" it in your project. The integration of the engine is easy and quick. Each ZMath®, Loan Calculation Engine can be customized to fit your application. We will show how to call the engine directly from your project. It only needs data to respond.

Our Advisory Services team is made up of former bank C-suite, credit risk executives, accountants and bank examiners. Because we have been there, we know how to solve problems at your institution. Our team can help you with any area of concern, including portfolio risk and CECL, BSA/AML fraud, Asset/Liability management, and deposit pricing. Let's get your institution on the right track to greater profitability.

Reduce loan turn-around times, increase team capacity, automate manual checks, and eliminate compliance risk. Encapture is trusted by innovative financial institutions to increase efficiency, so they can focus their efforts on growing their business. Machine learning can enhance your digital experience. Auto-validating supporting documentation can reduce processing times and provide immediate feedback. Eliminating manual data entry and verification tasks will improve loan margins and lower overhead costs. We listen to customers, spend time understanding your business processes and provide data about the financial impact. Our solution can be tailored to your business process and use case, not the opposite.

Don't let legacy processes hold you back. ABLSoft can automate BBC Processing, simplify the borrower experience, and track loan performance all from one secure platform. Automate your BBC intake process and save time. Standardize and map data using Excel, PDFs, online BBC Entry, or even directly from the borrowers' accounting systems. You can add any deal (AR inventory, term), and customize as necessary (sublimits ineligibles lockbox). You can instantly calculate availability and speed up advance approvals. Get instant visibility with real-time dashboards, and over 30+ standard reports. You can create your own reports in minutes and track borrower compliance. ABLsoft allows you to innovate and scale your business. Our flexible platform makes your vision a reality, whether it's for integrating the back-office or designing a custom portal.

Bad debts are more expensive for SME debts that for retail loans. Scorto cannot provide assistance for this, but it is important to use your skills efficiently. SME loans should have lower operational costs and be more efficient. The tough competition in the SME market requires continuous credit strategies improvement and proper performance measurement. Automated processing of SME loan applications Risk-based pricing. Credit risk assessment throughout the loan lifecycle. Companies scoring, rating, and segmentation. Evaluation of payment dynamics, credit risk assessment, and estimation of PD and EAD, as well as other parameters necessary for calculating RWA (Basel 2). Cross-Sell/Up-Sell decision support. SME lending can be managed by business rules/process management. Automated re-evaluation and re-evaluation for default risk and financial ratios in SME analysis.

You will see immediate savings and operational improvements with Encompass®, by ICE Mortgage Technology. Lenders of all sizes trust the Encompass Loan Origination System to help them in originating more loans, reduce costs, speed up closings, and make better business decisions. ICE Mortgage Technology continues to be ahead of the curve when it comes to the new URLA. We provide comprehensive support throughout the entire digital lending platform, including point-of-sale, origination, closing, and delivery to secondary markets. This holistic approach ensures Encompass lenders have everything they need to run their business without interruption. To access the most current information, including webinars and readiness guides, make sure you visit our URLA Readiness Page.

Leverage software is a finance tool that determines whether your business or investment property is financially viable. The software saves potential borrower time, money, and quickly analyzes transaction data against current commercial underwriting guidelines. Customers can also get a report from Leverage that shows the likelihood of their loan being approved, with the analytics to support it.

Credex Systems is a business located in 1990 in the United States that's known for a software product called Unity Loan System. Unity Loan System is SaaS software. Unity Loan System includes phone support and online support. Unity Loan System is a type of banking software, and provides features like compliance tracking, corporate banking, and Multi-Branch. Alternative software products to Unity Loan System are timveroOS, Portfolio+, and TurnKey Lender.