Increase speed of loans and unify customer data
Banks and credit unions often analyze complex borrower scenarios to spread financial statements accurately or gain a clear understanding of global cash flow. Sageworks Personal Lending Solution allows financial institutions to evaluate both business and personal loans on a single platform and make more informed decisions across the portfolio. Institutions simplify vendor due diligence and integrate data all within one system as financial professionals save cost and time to focus on loan pricing, loan review and relationship lending.
- Provide an easy-to-use application
- Increase the speed and efficiency of the loan application process
- Compile data into a single interface
- Eliminate asset data entry for borrowers and lenders
- Improve and unify bank’s loan decisioning practices
Institutions can save time by evaluating personal loans in the same platform as commercial loans. This will make for a faster and more seamless lending experience.