FUNDINGO

Dominion Financial Case Study

How Dominion Financial Replaced Excel with Enterprise-Grade Loan Management

Legacy system cobbled together with Excel and disconnected platforms? Dominion Financial future-proofed their $180M+ lending operation with FUNDINGO.

See FUNDINGO in Action
Dominion Financial
$180M+
Annual loan volume
Supported by FUNDINGO
49
States served
Nationwide private lender
4
Lending products
All managed in one platform

About Dominion Financial

Dominion Financial Services is a nationally recognized private lender operating in 49 states. They originated over $180 million in loans in 2019 to experienced real estate investors through four lending products: Fix and Flip, 30-year Rental, Ground Up Construction, and Small Multi-Family loans.

The Legacy System Challenge

Dominion's legacy system had been cobbled together over years, relying on Excel, OneDrive, Office, and other disconnected platforms. While this worked initially, the system was getting stretched as they grew.

They foresaw the need to upgrade early to enable digital transformation and get ahead of the competition—while preserving the "special sauce" they had developed over years of hard work.

Transforming Operations with FUNDINGO

Before FUNDINGOAfter FUNDINGO
  • ✕Excel, OneDrive, and disconnected platforms
  • ✕System stretched beyond capacity
  • ✕Difficult to find borrower lifetime history
  • ✕No feedback loop between origination and servicing
  • ✓Fully digital, streamlined, integrated LMS
  • ✓Configured to Dominion's specific process
  • ✓Easy access to borrower lifetime history
  • ✓Transparent feedback loop across departments
"
The FUNDINGO team was a pleasure to work with throughout the design & build out. To ensure buy-in from our team, we had to coordinate with 6+ stakeholders on our side. FUNDINGO's project management approach kept us organized and ensured that each of those stakeholders had input and feedback into the design.

— Jack BeVier, Partner, The Dominion Group

Ready to future-proof your lending operations?