Product
LendingXL
![LendingXL](https://dev2.techilaservices.com/wp-content/uploads/2024/02/LendingXL-1.jpg)
Description
Description
Cloud Based Lending Software
A Cloud Based Lending Software built on Salesforce that automates every step of the lending process, from the loan application and borrower evaluation to origination, underwriting, servicing, collection, reporting, and much more. Designed for banks, credit unions, and mortgage lenders, the platform enables users to configure rules, simplify processes, and gain operational efficiency at all levels.
Accessible via a terminal, laptop, tablet, or mobile device, the platform enables users to process applications and prepare documents from anywhere. It also allows staff members to access the communication module to send automated and personalized emails as well as SMS messages to clients.
Features of Cloud Based LendingXL
Who is it For?
Originator
This tool allows an originator to enter an application and track the status of the application from open to funded.
Funder
This tool allows a funder to run the full cycle from origination to underwriting to funding to repayments.
Syndicator
This tool allows a syndicator to syndicate a deal through other funders and manage payments/commissions.