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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.
Description
SYNDi Loan Manager is an advanced software solution designed to optimize all aspects of loan management. After the initial loan setup, SYNDi efficiently manages the process by handling funding, billing the borrower, processing payments, and overseeing the entire loan lifecycle until it is either renewed or closed. This software is tailored for servicing loans from a single lender, making it ideal for finance and leasing firms, credit unions, and individual lenders. Once a loan is established and funded, it automatically calculates monthly payments and loan installments until the debt is fully settled. Additionally, it provides capabilities for generating reports, monitoring overdue payments, managing returned checks, and creating journal entries that can be seamlessly exported to your accounting software. Users can also associate mortgage loans with real estate assets and compute Loan-To-Value ratios. SYNDi Loan Manager offers flexibility as it can function as either a standalone solution or a multi-user platform, and it can be integrated with existing Sage 300 ERP (Accpac) systems, enhancing its utility in financial environments. This adaptability makes it a valuable tool for organizations looking to streamline their loan administration process.
API Access
Has API
API Access
Has API
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
£1,950.00/month
Free Trial
Free Version
Pricing Details
$5000.00/one-time/user
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
kennek
Founded
2021
Country
United Kingdom
Website
kennek.io
Vendor Details
Company Name
IndusFlow Systems
Founded
1985
Country
Canada
Website
syndi.ca/loan-manager/
Product Features
Product Features
Loan Servicing
Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans