Finance companies face a myriad of challenges in automating their loan origination processes. Because of the diverse customer base and the wide range of financial needs, the challenges of designing and tailoring a unique lending process with all configurability, flexibility, and security can be daunting. Couple that with the ability to immediately access third-party vendors and lending portals as well as archived data to upgrade scoring and decision rules all with minimal IT involvement multiplies that challenge.
The necessity for finance companies to automate their loan originations is now greater than ever especially as 24/7 digital applications and pre-approvals become the norm. Whether it is direct or indirect installment lending, increasing your market reach digitally, improving the customer experience with ease and speed along with enhancing the back-office experience for underwriters and processing staff are now requirements.
Quickly adapt to an evolving marketplace with DecisionLender, a remarkably versatile consumer loan origination platform supporting on-the-go underwriting opportunities.
With DecisionLender, you get:
Loans for automotive, motorsport, RV, and watersport markets primarily through dealership networks, many focusing on the subprime/nonprime/near prime markets
Direct-to-consumer loans primarily for the subprime/nonprime/near prime markets including “buy here, pay here” loans provided by automotive dealers who do in-house financing
Installment loans for home improvement, household/specialty items and services/procedures that are financed through the manufacturer, dealership, contractor, or service provider
Unsecured personal loans and debt consolidation especially in subprime/nonprime/near prime markets, most with limits on loan amounts
Whether you're in the preliminary stages of research or looking for detailed answers that may require a demo, our team is always available to discuss your options and how we can help.