LOAN ORIGINATION SYSTEM (LOS) WITH AI-POWERED CREDIT DECISIONING
Grow your number of high-quality borrowers with TurnKey Lender’s highly configurable, scalable loan origination software. All while cutting operational costs, hours, and credit risk.
Request a demoTHE WAY LOAN ORIGINATION SOFTWARE SHOULD WORK
Instant credit decisioning powered by AI
Cut credit risk and make loan decisions with confidence using TurnKey Lender’s proprietary award-winning Decision Engine; built into our automated Loan Origination System.
Adjustable online application flow
Fully configurable loan application process allows for the creation of custom application flows, dictionaries, and loan offers.
An intuitive digital borrower portal
Give your borrowers the experience they want with a back-office interface that’s configurable, intuitive and easy to use.
A robust back-office for your employees
Benefit from an intuitive and configurable back-office interface to simplify the lending management process for your business.
Advanced analytics and management capabilities
Enhanced reporting and analytics gives you detailed insights into debt structures and levels, as well as debtor history.
A solution for every business
Our web-based loan origination software is perfectly fit to your technical specifications, with highly configurable auditing and employee tracking.
Decisioning you can trust
Make instant credit decisions you can rely on based on Credit Bureau checks, ID verification, bank account verification and bank statement scoring, as well as 200+ built-in fraud detection rules and blacklists.
All-in-one infrastructure
90%+ ready-to-use, we configure the platform to meet your specific requirements before go-live. Enjoy the functionality you need, powered by the most complete and result-oriented lending technology on the market.
GO BEYOND LOAN ORIGINATION AUTOMATION WITH THESE SOLUTIONS
Efficiently manage every part of the loan’s lifecycle with TurnKey Lender.
Automate loan origination, credit scoring and underwriting, servicing, and collections processes with a single end-to-end solution instead of using 3-5 tools. Reduce operational costs and improve loan decision accuracy and speed. Benefit from customizable workflows, real-time data insights, and seamless integrations with third-party systems and data providers. Streamline your lending operations and enhance borrower experience with the only lending automation platform you’ll ever need
AI-driven loan underwriting solution tailor-fit to your exact requirements
Make accurate and data-driven underwriting decisions with Turnkey Lender’s advanced solution. Utilize comprehensive credit scoring models, risk assessment tools, and automated decision-making processes. Increase efficiency, reduce manual errors, and improve loan quality. With Turnkey Lender’s underwriting solution, you put borrower evaluation and credit decisioning on complete autopilot without making any compromises in terms of decision quality.
Credit risk management software that gives you confidence
Our Decision Engine analyzes the data you have selected and based on it makes instant loan decisions thanks to the system’s award-winning AI. It lets you drastically reduce your operational costs and improve borrower experience without taking on undue credit risk. Utilize comprehensive risk assessment tools, advanced analytics, and automated workflows to monitor and manage credit risk throughout the lending lifecycle. Turnkey Lender’s credit risk management solution empowers lenders to make informed decisions and maintain a healthy lending portfolio.
Reliable and agile debt collection software
Optimize your debt collection processes with TurnKey Lender. Automate collection workflows, manage delinquencies, and improve recovery rates. AI-based collections scoring allows you to see problems early on and address them in advance. Utilize advanced communication tools, segmentation strategies, and intelligent collection algorithms to maximize results. TurnKey Lender’s debt collection solution empowers lenders to recover outstanding debts effectively while maintaining customer relationships.
Grows your loan portfolio while cutting operational costs and risks
It’s an end-to-end consumer lending infrastructure that runs on autopilot and doesn’t require micromanagement of the platform or the staff. It’s a reliable, proven machine that simply works while you focus on strategy and business development. Pre-configured credit products and application flows include personal and payday loans, non-profit credit, peer-to-peer lending, embedded lending, leasing, telecom finance, and much more.
Maximize the ROI on your commercial lending business
TurnKey Commercial is a cloud-based infrastructure that has all the tools necessary to operate and scale a B2B lending business. Issues and analysis that used to take staff hours or days – now handled on autopilot. Instead of 3-5 conflicting solutions, you rely on an end-to-end platform optimized to cut credit risk and boost efficiency. TurnKey Commercial is the ultimate solution that answers the real-life challenges of a B2B lender in a sophisticated manner.
All elements of peer-to-peer lending process automated
Facilitate peer-to-peer lending with Turnkey Lender’s innovative solution. Create a secure and user-friendly platform for borrowers and investors to connect. Enable automated loan origination, matching algorithms, and transparent communication. Enhance the efficiency of your peer-to-peer lending platform and foster a thriving community of borrowers and lenders with TurnKey Lender’s platform.
WHY YOUR BUSINESS NEEDS OUR AUTOMATED LOAN ORIGINATION SYSTEM
Cut credit risk with intelligent data-driven scoring and decisioning
Machine learning algorithms and deep neural networks process borrowers’ information and loan application data accurately and in seconds.
Cut operational costs and eliminate human error
Reduce unnecessary costs, eliminate human mistakes and say goodbye to unnecessary paperwork with meaningful automation.
Outperform competition in user experience, speed, and credit terms.
Speed up loan management time by 48%, auto-process loans in less than a second, and process 100+ applications instantly and simultaneously without affecting the performance or quality of the decisions.
Educational Resources
Steps of the Commercial and Consumer Lending Process You Can and Should Automate in 2024
learn more
Setting up automatic loan origination process that meets your requirements in 2024
learn more
TOP LOAN ORIGINATION SOFTWARE FOR YOUR BUSINESS
YOUR AUTOMATED LOAN ORIGINATION SYSTEM: LOAN ORIGINATION ON AUTOPILOT
- Automate over 90% of loan origination processes
- Loan auto-processing in less than 1 second
- Clients report operational efficiency boost of over 280%
- Trusted by clients in 50+ countries
- 98.5% customer satisfaction rate
A LOAN ORIGINATION PROCESS THAT'S EASY FOR YOU AND YOUR BORROWERS
- Borrower applies online
- Loan options are instantly generated
- Borrower signs the agreement in the borrower portal
- Application is automatically approved
- Funds are disbursed
STREAMLINE YOUR DIGITAL LENDING PROCESSES WITH
TurnKey Lender was selected as top software choices for SME lenders based on banking capabilities typically required for SMEs and ease-of- use.
Gartner featured TurnKey Lender in a recent report researching automation use cases aimed at modernizing loan origination and improving lending processes.
The Everest Group announced that the TurnKey Lender Loan Origination Software (LOS) leads the market in terms of market vision and capability. According to the study, Turnkey outperforms competing products in terms of ability to deliver complex loan origination…
According to a performance test by Hewlett Packard, TurnKey Lender is a flexible configuration choice on a highly scalable and reliable infrastructure.
Competing in one of the most challenging categories, TurnKey Lender has been selected as the winner of the New Product Innovation Award.
JOIN LENDERS WORLDWIDE TRANSFORMING THEIR LENDING WITH THE BEST LOAN ORIGINATION SOFTWARE
FAQs
Q:
How does TurnKey Lender automate credit decisioning?
A:
Our Loan Origination System comes with a proprietary AI-driven Decision Engine built-in. 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 loan origination platform grant unmatched credit decisioning accuracy in just 30 seconds.
Q:
Does the AI-powered Decision Engine mean my employees don’t need to be involved in the credit decisioning process?
A:
Yes. The back-office interface for your employees is designed specifically for digital paperless lending and requires little to no human involvement at the loan origination stage.
Q:
What are your loan origination solution’s key features?
A:
You can choose from a wide range of features with our highly configurable loan origination software; including digital onboarding, AML (Anti Money Laundering) and KYC (Know Your Customer) compliance checks, loan application processing and credit scoring and automatic decisioning. Contact our sales team to find out more about the many features in our end-to-end loan origination solution.
Q:
How secure is TurnKey Lender’s loan origination solution?
A:
Our platform ensures your business and borrowers’ data is kept safe with AML and KYC compliance and enhanced security of sensitive customer data. Benefit from Traditional Credit Bureau checks automation, fully automatic ID verification, automatic bank account verification and bank statement scoring, 200+ built-in fraud detection rules (copy paste, application change, Tor/Proxy, location variance, etc.), intuitive blacklists and watchlist management from the System Bank-office.
Q:
How can TurnKey Lender help digitize the lending process?
A:
TurnKey Lender helps your business go paperless. Dynamic forms allow you to offer the most streamlined application process available, replacing complex, rigid paper application forms which can lose you borrowers to your competition. Documents no longer need to be submitted via email or as hard copies by customers, as they can easily sign forms and documents in the intuitive borrower portal. Your team can A/B test different forms and workflows with proprietary TurnKey Lender tools and our meaningful Google Analytics integration, and our lead gen management module allows your team to create automatic upsell and cross-sell campaigns.