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Automation is Key in Preparation for a Downturn

Automation is Key in Preparation for a Downturn

Lending Tips

Over the past few years, numerous FinTech lending companies have emerged, calling themselves tech companies. SoFi, Lending Club, PeerStreet, Karna, and others have tried to ease the process. Yet even with the introduction of these digitized options, many lenders cease...
Determining the True Cost of CRM Ownership

Determining the True Cost of CRM Ownership

Lending Tips

When considering the initiative to implement a new CRM for your business, it is always a good idea to consider the many factors that combine to form the “True Cost of Ownership”. When most people think of the cost of ownership, they will often consider only the...
Manual Underwriting Means More Risk

Manual Underwriting Means More Risk

Lending Tips

Underwriting Software is Essential for Lenders An efficient underwriting process is essential to every type of lender. It ensures that applications are processed quickly, risk is evaluated adequately, and prices and terms are set to maximize profit and minimize...
Four Key Benefits of a Loan Management System

Four Key Benefits of a Loan Management System

Lending Tips

The lending market is highly competitive and fast-paced, and no matter the size of the lender or the types of products, increasing profits and outdoing the competition is what leaders in the lending industry constantly strive for.  Automation is one of the most...