TurnKey Lender Featured as Best Loan Servicing Software of 2021
The TurnKey Lender team is pleased to announce that its servicing software is featured in 2021’s list of Best Loan Servicing Solutions created by the leading software review website, Digital.com. The loan servicing software analysis is the result of over 40 hours of research of more than forty loan servicing software companies. In addition to the TurnKey Lender loan servicing automation software, the company is also a market leader in its award-winning end-to-end lending processes automation capabilities.
TurnKey Lender Box Solution - End-to-End Lending Automation
The selected solutions were evaluated based on three specific features to determine which are most useful in real-world lending applications. These criteria are integrations, support, and reports.
TurnKey Lender’s loan servicing platform allows for flexible funds collection, loan schedule changes, and digital statements that automatically track interactions between lenders and borrowers. The platform also includes configurable payment reminders, account alerts, file management for borrowers and investors, and auto-pay or direct debit payment options. The cloud-based software can run from anywhere in the world from desktop or mobile applications. In addition, the servicing module ties natively into the end-to-end lending processes automation platform which includes origination, underwriting, collection, detailed analytics, and reporting along with useful integrations, and 24/7 support.
Digital.com reviews and compares the best products, services, and software for running or growing a small business website or online shop. The platform collects twitter comments and uses sentiment analysis to score companies and their products. Digital.com was founded in 2015 and was formerly known as Review Squirrel.
About TurnKey Lender:
TurnKey Lender provides businesses with an intelligent, easy-to-use integrated SaaS platform that is easily adjusted to the business needs and includes all the functionality required to make the lending process fully digital. The solution uses AI, proprietary bank-grade technology, and advanced API integrations to automate every step of the lending process from a single cloud-based solution. Different versions of the software are tailored to the needs of traditional lenders (banks and credit unions), alternative lenders (fintech startups, p2p lenders, a microlender, etc.), and embedded lenders (any type of business that wants to sell products or services in installments) online or from a store.