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ease
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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Baker Hill’s Commercial Loan Origination System enhances the entire commercial lending experience by introducing speed, consistency, and efficiency for both lenders and borrowers. Utilizing the advanced UN/FY platform, it consolidates all parties involved, documents, workflows, and borrower relationships while automating routine tasks and standardizing the lending process. The system's intelligent financial spreading feature extracts, standardizes, and analyzes data from intricate financial documents, enabling teams to evaluate risk based on more precise and timely information. Furthermore, the financial analysis tools offer valuable insights into borrower performance, which aids in making sound and consistent underwriting decisions. With Smart Workflow Management, task routing is automated alongside credit policy enforcement, covenant monitoring, and the management of tickler and exception items, ensuring that loans progress smoothly while maintaining compliance. In addition, the secure document management system streamlines the processes of storage, retrieval, organization, credit memo creation, and addressing broader loan documentation requirements, making it an indispensable tool for modern lenders. This comprehensive approach not only enhances operational efficiency but also fosters stronger relationships between lenders and borrowers.

Description

kennek is a loan management software designed to support the entire lending lifecycle, from origination to maturity, within one platform. It is suitable for various types of lending institutions, such as bridging lenders, commercial lenders, development lenders, unregulated lenders, revenue-based lenders, and leasing lenders. Developed by former lenders, it addresses operational challenges commonly encountered in the lending industry. The platform includes configurable settings and workflows that do not require coding knowledge, making it accessible to users with varying levels of technical expertise. kennek automates tasks such as borrower reminders and covenant calculations, reducing the time spent on administrative processes. Real-time data monitoring features allow lenders to manage risk and identify potential issues before they lead to defaults. kennek offers modules for origination and underwriting, servicing and monitoring, credit portfolio management, and investor reporting. The investor reporting functionality generates reports automatically and provides investors with access to real-time performance data, ensuring consistent information for all stakeholders. The platform is designed to minimize human error, streamline middle and back-office operations, and support institutional growth without requiring proportional increases in staff.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Creditsafe
HubSpot CRM
Modulr
Sage Accounting
Salesforce Agentforce 360 Platform
Xero

Integrations

Creditsafe
HubSpot CRM
Modulr
Sage Accounting
Salesforce Agentforce 360 Platform
Xero

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

£1,950.00/month
Includes origination and underwriting, servicing, monitoring and reporting modules.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Baker Hill

Founded

1984

Country

United States

Website

bakerhill.com/commercial-lending

Vendor Details

Company Name

kennek

Founded

2021

Country

United Kingdom

Website

kennek.io

Product Features

Commercial Loan

Asset Management
Audit Trail
Complex Debt Structures
Dashboard
Document Management
Exposure Management
Lead Management
Pipeline Management
Risk Management
Trend Analysis

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