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.