But for far too long, small business lending has been a slow and cumbersome process. Today, that world is changing, and if you’re not changing with it, you might just get left behind.
Receive applications using LendingFront’s white-label customer portal that can be integrated into your website.
Create and manage your own products, apply your own automation rules, and control pricing and credit policy.
Automatically gather credit data from a wide range of sources including bureaus as well as anti-fraud, AML, and collateral information providers, and social media and review sites.
Oversee all aspects of loan servicing and portfolio management, from funding to collecting payments to overseeing and reporting on your entire loan portfolio.
A completely digitized process enables customers to submit loan applications entirely online. From desktop to mobile (and everything in between), there’s no need to visit a physical branch, which means loan officers don’t get tied up handling small credit requests.
Having helped customers underwrite and service hundreds of millions of dollars in small business loans, we know exactly what to look for in credit applications. LendingFront compiles a complete, 360-degree profile of both a business and its owners, and makes key data such as cash flow and FICO Score easy to see.
Time is money, and when it comes to small credit applications, every second counts. LendingFront helps you save time and cut costs by turning manual processes into rules-based, automated decisions—while still providing the flexibility to maintain control over any part of the process.
Deliver multiple loan offers in real time, and enable applicants to select the desired term, price, and loan amount based on predetermined credit parameters. Monitor payment history, balances, and other key metrics, and enable collectors to record and track all actions taken to manage delinquent accounts.
Your rules. Your systems. LendingFront is easily (and highly) configurable to both your loan criteria and tech stack.
We do this for the world’s most forward-thinking lenders, and we can do it for you too.
Director of Operations and Project Management,
LendingFront was built by one of the most accomplished teams in small business banking, and our technology has been used to fund hundreds of millions of dollars in small business loans.