Lending software blog

Regulatory Compliance: 2019 Updates for Lenders

Remember this time last year? It was all-hands-on-deck for GDPR. Everyone working overtime to resolve a myriad of deployment details. Luckily, we don’t anticipate a regulatory compliance event of that scale in 2019. However, it’s important to understand the impact of the new rules on your individual lending operation, because smaller enterprises may be exempt from many of the new guidelines.

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Turnkey Lender’s CEO is interviewed by Cloudways

Our friends at Cloudways, a managed cloud hosting platform, have conducted an interview with our CEO, Dmitry Voronenko. Read on to find out about more about our online lending software, the challenges of running an IT company, and about what inspires and drives our CEO. Read more…

SME Borrowers: Perfect Match for Alternative Lenders

Demand for business loans continues to rise, especially when it comes to SME borrowers. On the other hand traditional funders like banks and credit unions continue to decline the majority of these applications. And they use a slow, paper-based process to come to their negative conclusion. This is good news for alternative lenders who can leverage technology to approve far more loans with a faster, easier process that supports better credit decisions. Read more…