Unlock profit with customer-centric lending products
Offer targeted lending products that are sure to retain and attract customers, while also satisfying sponsor bank reporting and compliance requirements and keeping both you, and your partner bank safe from regulatory fees and penalties.
5%
of neobanks globally are considered profitable
1/2
of the revenue commercial banks generated was primarily by lending activites
63%
of neobank users are extremely satisfied
81%
of Gen Z identify personalization with functional benefits as a feature that could deepen their relationships
Manage Neobank lending products with LoanPro
BNPL
Splitting up installments? LoanPro offers merchant discount calculation, automated late fees, and can even suspend or pause interest, to meet all your BNPL needs.
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.
Home Equity Line of Credit
Secured by the borrower’s home, line of credits are completely customizable, from adjustable credit limit, interest charge method, interest rates, and interest abatement if desired.
Home Improvement Loans
Finance big purchases for homes, like solar or HVAC with unique decreasing installment terms, ensuring you get repayment while the most value is being provided.
Installment Loans
Offer unique installment lending programs, unsecured or secured, with highly customizable payment terms and schedules.
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.
Online Consumer
Drive borrowers to your product while maintaining relationships. Configurable loan terms and automated customer communications ensure a smooth, personalized experience for borrowers
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.
Personal Loans
Provide unsecured loans for any personal expenses. Track collateral and provide unique payment terms and conditions to meet your borrowers’ needs.
Revolving Credit
Uplevel revolving credit cards with the ability to convert select transactions into installment loans.
Small Dollar Loans
For loans with a low dollar amount, rely on our multiple calculation options, payment frequencies, automated communications, and best-in-class loan tracking.
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.
Manage Neobank lending products with LoanPro
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.
Go to Market Quickly
Utilize preconfigured loan programs or create your own with our no-code lending core. Our take on no-code means easier, but no less control – automate workflows and customize even the most granular nuances of your product.
Backup Quality Control
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.
Maintain Fewer Systems
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.
Comply with your Sponsor Bank
LoanPro’s built in Compliance Guard ™ allows for the creation of compliance tools keeping both you, and your partner bank safe from regulatory fees and penalties.
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.
Hyper Personalized Programs
Drive acquisition and retention through loan programs as unique as your customers, such as repayment schedules that match income patterns, payment holidays, and decreasing payments over time.
Optimize Interest Rates
Our Targeted APR calculator tells you exactly what interest rate you can charge to stay below your TILA APR disclosure.
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.
Smart Retargeting
Identify audiences for retargeting and retention campaigns with a database oriented around the borrower rather than the loan.
Collect More with Easy Payments
Best-in-class autopay functionality and configurable due date scheduling with convenient payment options for hassle-free payments.
Real-time Analytics & Reporting
Inform your organization with real-time tracking of portfolio performance, collections, borrower and loan level activity, and automated reporting.
Agent Experience & Efficiency
Onboard agents faster with customizable in-product guides. Bonus: with our guides, Agents can handle more cases, in less time, with fewer errors.
Reduce Calls, Improve Issue Resolution
Reduce resolution time and enhance borrower and agent experience with the same real-time data across platforms.
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.