LoanPro

Modern loan management platform that specializes in the servicing of loans, but acting as your core for every step.

LoanPro’s mission is to expand global prosperity by providing personalized financial products that everyone can trust. The LoanPro platform is purpose-built for building, launching, and managing loan programs. The ultra-configurable platform offers a complete loan management solution by consolidating servicing, collections, payment processing, lending CRM, origination enhancement, and more, into one platform.

Built to solve the former inadequacies of loan servicing technology, LoanPro has benefited from over 15 years of iteration, and today serves over 1,200 clients and over 50 partners across every state and province in North America and Canada. To learn more visit us at loanpro.io.

Loan Management Software (LMS)

SOLUTION INFORMATION

LoanPro was designed specifically to help lenders build, launch, and manage loan programs better. The ultra-configurable platform specializes in streamlining and improving loan servicing, but acts as a lending core, by consolidating, servicing, collections, payment processing, and more into one platform.

Powerful automations, loan program templates that can be infinitely tailored to create unique loan designs, and architecture specifically built to scale come together to empower lenders to create the next generation of lending products. LoanPro's cloud-native architecture unlocks the ability to build and manage any type of loan program within a single environment, including consumer and business loan programs, from installment to line of credit.

Built on its own API, LoanPro seamlessly connects to other systems and existing processes, leaving lenders to reap the benefits of a platform that works beautifully with their existing operations. Webhook triggers and customizable payloads ensure LoanPro fits into a company's existing operations.

LoanPro maintains security certifications for SOC 1 Type II, SOC 2 Type II, and PCI-DSS level 1, and our ComplianceCover suite helps lenders streamline audits and reduce regulatory risk by automating workflows that comply with state and federal regulations, business rules, and capital requirements.

LoanPro also offers a Secure Payments digital wallet, which stores, processes, and collects payments. Secure Payments integrates with both the LMS and third-party payment processors to facilitate payments in a way that is both PCI and DSS compliant, and helps lenders bridge the gap between their preferred payment solution and borrower and loan data found within their LMS by providing full functionality and unity between the two platforms.

With an industry leading support team that assists in setting up, maintaining, and growing clients’ lending businesses, LoanPro works as an extension of client teams, with experts aiding in migrating loans from existing systems into LoanPro, matching existing loan contracts to ensure calculations are accurate and that loans meet specific regulatory requirements. After onboarding, regular consultation meetings are conducted to ensure unity between LoanPro and the clients needs.

SOLUTION CAPABILITIES

  • Manage a wide variety of loan programs, for both business and consumer borrowers, in a single tenant
  • Self-serve, guided, or fully managed migrations using our Loan Migration and Implementation Team
  • Dedicated Customer Success Team
  • No-code loan creation and servicing interface
  • Drag and drop reporting dashboard, real-time data access
  • Automated Customer Communications via email, sms, phone, physical mail, etc.
  • Native integrations, as well as fully customizable Webhooks and an Open API
  • Customizable process automation templates
  • Customizable compliance templates and automations
  • Customizable on-screen agent guides
  • Live loan modifications (and recalculations) agnostic of date
  • Full Amortization Schedules
  • Best-in-class loan calculator
  • In-platform payment management
  • Autopay
  • Actionable insights at the Company, Borrower, and Loan levels
  • Securely stored, tokenized payment profile data
  • Process individual transactions, or batch at scale, including NACHA file generation
  • PCI compliant digital wallet with integrated payment processors and payment information portability
  • Use one of our pre-built processor integrations, or bring your own provider
  • Payment processor optionality - switch between processors as your business deems necessary, without having to collect payment information again from scratch
  • Process payments with a number of methods, from cash, credit/debit card, e-check (ACH), and Canadian EFT payments
  • Auto-route transactions to different bank accounts, i.e. investors
  • Customer Retargeting
  • AWS Cloud-Native Architecture
  • Role-Based Access
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Program

Fintech Partner Connect

Capability

Value Added Services


Payment Profile Tokenization & Wallet Services (PCI-Wallet)

SOLUTION INFORMATION

Our Secure Payments digital wallet stores, processes, and collects payments in a single platform. Secure Payments integrates with both the LMS and third-party payment processors to facilitate payments in a way that is both PCI and DSS compliant.

Secure payments helps borrowers bridge the gap between their preferred payment solution and borrower and loan data found within their LMS, by providing full functionality and unity between the two platforms.

SOLUTION CAPABILITIES

  • Securely stored, tokenized payment profile data
  • Process individual transactions, or batch at scale, including NACHA file generation
  • PCI compliant digital wallet with integrated payment processors and payment information portability
  • Use one of our pre-built processor integrations, or bring your own provider
  • Payment processor optionality - switch between processors as your business deems necessary, without having to collect payment information again from scratch
  • Process payments with a number of methods, from cash, credit/debit card, e-check (ACH), and Canadian EFT payments
  • Auto-route transactions to different bank accounts, i.e. investors

Program

Fintech Partner Connect

Capability

Value Added Services