United States
auto-lender

Auto Financing Software

Quick approvals and best interest rates

Request Free Trial Now

The product has the vast majority of the functionality right out of the box, was easily integrated with a credit agency to pull FICO scores and the support team did an outstanding job making our requested customizations.

Christopher Reed
Principal
Shepard Capital Partners
USA

eny Finance is fully satisfied with the Turnkey Lender solution and its reliable team. I’m happy to recommend Turnkey Lender lending solution and services.

Bonart Kerimi
CEO
eny Finance AG
Switzerland

I strongly recommend the services of Turnkey Lender and I am looking forward to working with the team again.

Berj Arakelian
Allegro Finance
USA

We evaluated many systems and are happy to have chosen Turnkey Lender.

Bill Hilliard
CEO
EcoVolt Finance
USA

For me, as the owner of a start-up lending company, it was a little unusual to use this type of product for my business. But, as they say, "Time is money!" That's why it is important for me to use a solution like Turnkey Lender.

Robert Farmer
Owner
QuickPound

We evaluated many systems and are happy to have chosen Turnkey Lender.

Bill Hilliard
CEO
EcoVolt Finance
USA

For me, as the owner of a start-up lending company, it was a little unusual to use this type of product for my business. But, as they say, "Time is money!" That's why it is important for me to use a solution like Turnkey Lender.

Robert Farmer
Owner
QuickPound

eny Finance is fully satisfied with the Turnkey Lender solution and its reliable team. I’m happy to recommend Turnkey Lender lending solution and services.

Bonart Kerimi
CEO
eny Finance AG
Switzerland

The product has the vast majority of the functionality right out of the box, was easily integrated with a credit agency to pull FICO scores and the support team did an outstanding job making our requested customizations.

Christopher Reed
Principal
Shepard Capital Partners
USA

I strongly recommend the services of Turnkey Lender and I am looking forward to working with the team again.

Berj Arakelian
Allegro Finance
USA

Trusted by users:

g2 crowd rating
capterra rating
getapp rating
software advice rating

Certified:

iso 27001 iso 9001

Opportunity

Auto lending software: 84% of vehicles are leased or financed

Auto financing is a booming business with 84% of all vehicles being leased or financed. That’s more than $1 trillion in outstanding auto loans, just in the US. Annual growth rate is as high as 70% in some Asian countries where mortgages and auto loans are still fairly new funding options. Financing has become a critical component of an auto dealer’s business model. The typical dealership generates more than 40% of gross profit from a lending desk connected to banks, credit unions and direct online lenders. Which makes auto lending a high value opportunity for financial organizations looking to grow their business.

auto-finance-opportunity
auto-finance-obstacle

Obstacle

Auto loan servicing: zero customer loyalty, borrowers prize speed and price.

There’s no loyalty when it comes to auto loans. These borrowers are all about speed and price. Car buyers can get anxious in the dealer showroom while waiting for an application approval – and start searching on their smartphone for back-up options. The first lender to respond will likely get their business.

Solution

Cloud-based alternative financing software system

Automated credit scoring and risk assessment technology allows you to make smart decisions within a few short minutes. That’s why specialized auto loan software is essential for quick approvals and proper pricing when it comes to good credit, bad credit, thin credit, new vehicles, and older vehicles with a low loan-to-value ratio.

Turnkey Lender car loan software delivers speed and accuracy when you’re processing a new application, managing customer payments, refining their risk profile to optimize pricing, or mining customer data to identify incremental marketing opportunities. And this advanced car dealer financing software can be customized according to your decision rules and your risk tolerance parameters.

Fully automated auto financing software

tkl-icons-new

Best practice workflows

Turnkey Lender’s customizable workflows allow you to adjust decisioning flow and business rules.

tkl-icons-new

Advanced credit scoring

Your software comes out-of-the-box with a generic scoring template that evolves over time through machine learning. Alternative scoring models are easy to install with APIs.

tkl-icons-new

Credit decision analytics

It is important to take a step away and analyze decisions. We provide all sorts of analytics so you can review and improve your credit risk strategy. See it for yourself with the free trial!

We offer 14-days free trial. Upgrade or downgrade any moment. Request Free Trial Now

Advantages compared to other auto lending software

tkl-icons-new

Time to market

With Turnkey Lender you will optimize portfolio yield by working only with the most profitable customers. Predictive models will help you identify best rate and loan term.

tkl-icons-new

Increased operational efficiency

Act fast by taking the right decisions, supported by artificial intelligence. You’ll see fewer manual reviews and more first pass approvals.

tkl-icons-new

Modular architecture

Turnkey Lender works as a web app, so you can log in from anywhere and work on processing loan applications. There is no need to manually install software on all the desktop computers of your team members.

tkl-icons-new

Powerful credit decisioning

Our clients use our software for a payday loan, student loans, auto loans, crowd sourced and peer-to-peer loans. We support micro lending in emerging economies and engage in complex credit bureau eco-systems.

tkl-icons-new

IT support and customer service

We offer full technical support and we are always here to answer any questions. Our experts will guide you through every step of set up and customization process.

tkl-icons-new

Fraud prevention

Our product is built out of units. You can start small and extend functionality later on. As you grow, the tool will grow with you! Modular approach makes us affordable for solo online lenders and mid-size financial institutions.

On average, here is the difference Turnkey Lender made for our clients:

Operational efficiency
has grown by

283%
Total portfolio profitability
has grown by

49%
Client lifetime value
has grown by

67%
See how we automate every step of online lending:
origination, underwriting, collateral, servicing, collection and reporting.
Request Free Trial Now

from Turnkey Lender Blog

Will your lending program be GDPR compliant by May?

General Data Protection Regulation (GDPR) goes into effect on May 25, 2018. That’s just three short months away, and most companies say they aren’t ready. According to survey results published by Ovum, two-thirds of global companies believe they’ll need to change their business strategy to conform to new security guidelines. And half the businesses governed by GDPR believe they’ll be fined for non-compliance.

read full article