END-TO-END BANK LOAN MANAGEMENT AUTOMATION
Grow your loan portfolio and reduce credit risk with a platform that reliably automates all parts of credit on your terms.
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BANK LOAN MANAGEMENT SOFTWARE TAILORED TO YOUR PROCESS
Agile configuration
Our robust and flexible lending solution is designed to meet the specific requirements of banks, accommodating complex legacy software integrations, evolving regulatory rules, and cybersecurity concerns.
End-to-end automation
Our intelligent automation streamlines processes, reduces costs, and increases loan capture. The end-to-end solution covers loan origination, underwriting, payments, collections, and reporting.
Traditional & alternative credit scoring
Tailor-fit credit scoring enables you to expand your loan portfolio while maintaining credit risk parameters, ensuring the most accurate and sophisticated decisioning.
Advanced analytics and reporting
Make insightful decisions quickly and easily with a personalized dashboard that gives your team a complete picture on one screen.
Cybersecurity and fraud prevention
A database breach could bankrupt your business, so our ISO, SOC 2 Type 2 and PSI certified platform goes the extra mile to prevent disaster before it happens with an in-built fraud prevention module.
Digital onboarding
Deliver a fast, easy and seamless borrower experience with TurnKey Lender’s automated onboarding processes and multichannel borrower communication options.
Automated debt collections
TurnKey Lender’s automated system red-flags problematic accounts, sends payment reminders, calculates penalty fees, credits outstanding payments, adjusts credit scores, and recalculates account pricing – all on auto-pilot.
Cloud-based solution
Automatically keep your technology up-to-date and secure with zero downtime – and access the cloud-based TurnKey Lender platform at any time, from anywhere, from any device.
END-TO-END LOAN AUTOMATION FOR A SEAMLESS LENDING EXPERIENCE
Loan origination process optimized for profit
The loan application logic, web flow and decisioning hierarchy are configured to meet your exact business requirements and run largely on autopilot. This drastically increases the speed of your loan origination processes – from weeks to minutes. High degree of automation and built-in AML and KYC compliance checks allow for drastically lower operational costs, less human error and credit risk.
Faster, smarter credit decisioning
Cut credit risk and make loan decisions with confidence using TurnKey Lender’s proprietary award-winning Decision Engine; built into our automated bank lending system. TurnKey Lender applies machine learning and deep neural networks to automate credit scoring based on traditional and alternative risk assessment data. This approach helps our bank loan management platform grant unmatched credit decisioning accuracy in seconds.
Boost operational efficiency
Our fully managed platform takes loan infrastructure management off your plate so you can focus on your bank’s business development. We deliver an average loan management speed up by 48%. Loans’ auto-processing takes less than a second and you can process 100+ applications instantly and simultaneously without affecting the performance or quality of the decisions.
Educational Resources
White paper: How to automate every part of your commercial lending process
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Part III: B2B credit automation that cuts operational costs and minimises credit risk
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Setting up automatic loan origination process that meets your requirements in 2024
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WORLD-LEADING BANK LENDING AUTOMATION SOFTWARE
AN AUTOMATED DIGITAL LENDING PLATFORM YOU CAN RELY ON
- Every part of the bank loans’ lifecycle automated
- Configurable loan management processes and workflows
- Credit scoring and decisioning tailor-fit to your market
- Dedicated permission-based workplaces for employees
- Works with 20+ common bank operating systems out-of-the-box
DELIVER A SIMPLE AND SEAMLESS BORROWING EXPERIENCE
- Any number of decision levels in the loan origination process
- Document generation, e-sign, and correspondence on autopilot
- White-label borrower portal with all data customers need at a glance
- Simple, secure login with social media authorization
- Full API integration of the borrower portal functionality
WHY DO BANKS AROUND THE WORLD TRUST TURNKEY LENDER’S LENDING AUTOMATION SOFTWARE?
“National Iron Bank chose TurnKey Lender to serve our customers using the most advanced digital lending technology on the market.”
Steve Cornell
CEO at National Iron Bank
“TurnKey Lender changed how our team works. Instead of keying in paper applications, let’s spend this time having client interactions, building that relationship.”
Jon Lam
National Director of Finance & Risk at Windmill Microlending
“Before TurnKey Lender, everything was done separately and manually. This solution provided us with a centralized hub to do everything in one place automatically.”
Simon Lindsay
Co-Founder, Managing Director at Cash Direct
“My experience with Turnkey has always been great. The team is highly responsive, willing to help and provide assistance, and great at troubleshooting.”
Alisa Joseph
at The U.S. Black Chambers
“Thanks to TurnKey Lender’s automation, we are by far the most convenient solution on our market. Our product is homogenous and every customer says that it’s the easiest lending process they’ve had.”
Patrick McFall
President at Money Managers Co. Ltd.
BANK LENDING AUTOMATION SOFTWARE WITH PROVEN RESULTS
FAQs
Q:
What are the benefits of having a cloud-based lending platform?
A:
Because the TurnKey Lender solution lives in the cloud, deployment is fast and easy. The fully managed lending system is updated on a regular basis at a platform level, without the need for in-house IT expertise. This keeps you current with technology and cybersecurity advances, as well as changes to regulatory compliance rules.
Your team can access your program at any time, from anywhere, from any desktop or mobile device.
We use multiple, redundant backup systems to ensure the platform is always open for business. And if you prefer to host the system on your in-house servers, we’re ready to deploy that option. This state-of-the-art lending platform is available at a fraction of what it would cost to build a comparable system from scratch.
Q:
What are the advantages of using an AI-powered lending platform for banking?
A:
Intelligent automation helps you speed the process, reduce operational costs, and capture more loans. Today’s borrower often shops around online, and accepts the first approved application, regardless of the interest rate.
Q:
Does TurnKey Lender’s lending software offer end-to-end automation at every stage of the lending process?
A:
Yes. We offer an end-to-end solution that includes loan origination, credit review, underwriting, funds transfer, onboarding, payments processing, collections, and regular reports. You can start by choosing just the functionality you need today, and add extra features over time. We’ll customize your system, white-label the screens with your brand, and train your employees to get the most from their new platform.
Q:
How does TurnKey Lender’s AI-driven alternative credit scoring work?
A:
We start by auditing your current credit evaluation processes and scorecard. Then we leverage our AI-driven, proprietary credit scoring software with deep neural networks that constantly fine-tune the algorithm. The in-house system is integrated with traditional credit bureaus as well as behavioral surrogates, like personal financial management patterns, that are accessed via open banking interfaces. With TurnKey Lender, you’ll benefit from the most sophisticated credit scoring model on the market today.
Q:
How can TurnKey Lender’s lending automation software benefit different banking roles?
A:
Board Members will benefit from:
- AI Scoring
- Fraud Prevention
- Deep Analytics
- Security
- KYC Integrations
- Alternative & Traditional Scoring
- 24/7 support
Chief Executive Offers will benefit from:
- Scalable architecture
- A user-friendly interface
- Faster processes
- 75+ integrations
- Alternative & traditional scoring
- Advanced support
- White labeling
Your technical team will benefit from:
- Deployment on your hostings
- Enhanced security
- KYC integrations
- Fraud prevention module
- 24/7 support
- Built-in API
- Notifications
Risk Managers will benefit from:
- AI-powered credit scoring
- Fraud prevention module
- Limit access
- Notifications
- Risk management
- 24/7 support
- Integrations with credit bureaus