Modernize Banking with a full suite of lending products
Keep up with lending trends, leverage new tech to keep compliance, mitigate credit risk through smart customer data, and make loan adjustments as you see fit, all in your preferred platform.
1/2
of the world’s banks have a return on equity that is below the cost of equity
33%
of consumers say a bank is the most-trusted brand
63%
of consumers assign high value to product personalization
75%
of consumers said they would switch to a provider that offered more personalized products and services.
Manage Bank lending products with LoanPro
Accounts Receivable
Give money to businesses based on their outstanding receivables, with our ability to handle 0% interest loans, schedule roll options, and customizable repayment schedules.
Auto Financing
If it has a VIN, you can lend it. Make use of our platform’s ability to track multiple collateral, insurance, repossession, and native tracking of sales prices, tax, and warranties.
Business Loans
Keep businesses in business. Handle unusual payment frequencies (like the ability to only schedule payments on business days), with robust options for APR and TILA disclosure.
Installment Loans
Offer unique installment lending programs, unsecured or secured, with highly customizable payment terms and schedules.
Inventory Financing
Using a business’s inventory as collateral for financing is better with curtailment calculation options, templates, and the ability to split payments across multiple loans.
Lines of Credit
Credit like you’ve never seen before. Transaction level tracking, interest abatement, and the ability to route transactions into configurable buckets, each with its own terms.
Merchant Cash Advance
Give businesses a boost and receive a slice of their success. Customizable repayment schedules, split loan payments, and a specialization in 0% interest loans put our platform on top.
Payroll Advance
Give the people what they want. Early paychecks can be paid back on the recipient’s next paycheck, or converted into an installment loan with custom payment schedules.
Real Estate
Support the purchase, development, or construction of real estate properties with our native support for escrow, escrow analysis, automated communications, and calculation options.
Refinancing
Replacing an existing loan with different terms or conditions with configurable loan terms that can be modified agnostic of date
Revolving Credit
Uplevel revolving credit cards with the ability to convert select transactions into installment loans.
Working Capital
Cover a company’s day-to-day operational expenses, with the power to handle unusual payment frequencies, and flexible calculation types
Unique Constructs
Even if it’s not listed here, chances are we do it. With over 900 unique lending products utilized by our clients, our configurable loan creation dashboard can meet your specific needs.
Every department succeeds with LoanPro
Reduce Maintenance
Centralize calculations, servicing, payments, communications, collections, and reporting into one platform to save time and cut cost. Enhance acquisition and origination processes with integrations to your favorite third-party solution.
Cut Production Errors
While LoanPro’s sandbox is a safe place to build and test, we also have an in-house client QA team that is an added layer to ensure costly errors don’t go to production.
Connectivity & Automation
Easily integrate LoanPro’s fully-open API with commercial or proprietary systems. Our unique advanced webhooks are also available for event-based workflows and middleware free integrations.
Expand your Product Line
LoanPro’s cloud-native architecture unlocks unlimited loan programs within a single environment. Add new lending products and models to your LoanPro instance with ease.
Streamline Audits
Unify your systems into LoanPro for a system of record with real-time data, compliance settings, auto-archived documents, and an immutable ledger for streamlined audits.
Automate Compliant Communications
Avoid regulatory fines with LoanPro’s automated document generation and communication workflows, which can include regulatory frameworks such as SCRA.
Security & Certifications
Protect your data with LoanPro’s strict security protocols, including adherence to OWASP guidelines, and SOC 1-3 and PCI-DSS level-1 certifications.
Consistent Rate Calculations
LoanPro’s calculator ensures CFPB-compliant APR calculations, which flow through to make amortization and TILA disclosure APRs match perfectly.
Smart Retargeting
Identify audiences for retargeting and retention campaigns with a database oriented around the borrower rather than the loan.
Expand your Product Line
LoanPro’s cloud-native architecture unlocks unlimited loan programs within a single environment. Build and manage consumer and business loan programs, from installment to line of credit, in one platform.
Optimize Interest Rates
Our Targeted APR calculator tells you exactly what interest rate you can charge to stay below your TILA APR disclosure.
Configurability & Personalization
Drive acquisition and retention through loan programs as unique as your customers, such as repayment schedules that match income patterns or decreasing payments over time.
Automate Customer Communication
Improve portfolio performance with automated omni channel communication–reduce support calls, maintain compliance, streamline collections, and boost borrower retention. Channels include email, SMS, phone call, direct mail, or custom integration.
Uplevel your Agents
Empower agents to provide a smoother experience with a single platform, process guides, and toll free support number for all lending programs and actions.
Live Loan Modifications
Arm your agents with the power of a flexible system that can handle personalized servicing for complex needs; accommodate hardships, change due dates, create custom schedules, modify rates, and more.
Drive Better Collections Outcomes
Improve collections outcomes efforts with automated communications and workflow triggers, give agents custom dashboards on their past-due accounts, and automate Promise Fulfillment tracking.
API
Use our API to connect commercial or custom-built applications directly with the LoanPro platform for a fully integrated stack.
Own your data
Enjoy direct database access for fast, real-time data retrieval, so large data sets can be pulled, used, warehoused, and analyzed outside of LoanPro.
Webhooks
29 event-based webhook triggers and customizable payloads give you everything you need to automate downstream workflows and keep all your systems current, without the middleware.
Delightfully Integrated
Seamlessly connect LoanPro to your other systems & reap the benefits of a platform that works beautifully with your existing operation.
Purpose Built
Built specifically for your intended lending use case. Using our industry knowledge combined with your input and best practices we’ve seen across industries each configuration is setup to do the exact work that needs to be done.
Customizable Configuration
Every lender has unique requirements. The tech stack used to build on our lending platform has the flexibility to accommodate your current and future needs through simple configurations.
Simple and Streamlined
Eliminate costly errors through simplifying and automating your lending. Every action taken to streamline your processes increases loan performance and bottom line revenue.