Streamline the decision process for your commercial borrowers
Recent studies have shown that borrowers want the friendly local decisions and customer service for which community-based institutions are known. At the same time, they are demanding faster decisions and more efficient methods of applying for credit. Some lenders have been reluctant to utilize technology to assist in the process of decision automation, fearing that the end result would be automated and impersonal decisions. Nothing could be further from the truth. A well-designed loan underwriting and decision system works to enhance all the strengths currently held by community based institutions while helping them to become more efficient.
Commercial Lending DecisionCenter™ helps automate the application and decision process, safely and securely. Attract local businesses to your loan products by providing a superior customer experience, growing your portfolio in the process.
Decision automation uses web access and process automation to enable small business loan decisions in minutes so you can compete with online lenders. Multiple decision paths can apply instant decisions on small loans and perform analysis on the more complex. No re-keying of data is required. When working with existing customers, receive instant access and verification from your core system. And it’s completely integrated with your sales and credit pipeline.
Streamlining the loan process with digital applications, financial packaging, and electronic signature will help your institution stand out from the competition.
Financial spreading and analytics is delivered through our robust, industry-leading financial spreading module includes individual and global cash flows, personal and business tax return spreading, plus traditional balance sheets and income statements. Multiple spread models are supported, including general middle market, not-for-profit, hospital not-for-profit, contractor, and personal. Financial spreading is user-friendly and designed to limit mouse use to speed data entry.
With an entirely digital process, lenders can seamlessly manage business customer relationships throughout the life of the entire loan. Learn how the Commercial Lending Center Suite also incorporates loan origination and portfolio management to strengthen relationships and drive new revenue for your institution.