About TurnKey Lender Solutions and Services
TurnKey Lender stands out from its competitors by offering a global platform that automates lending processes for various types of finance providers. The platform utilizes proprietary AI technology to ensure accurate credit scoring and improve loan collectability. Whether you are a non-bank lender, an embedded finance provider, or a traditional lender, TurnKey Lender serves as a robust infrastructure to streamline loan origination, underwriting, servicing, debt collection, and reporting. The system caters to a wide range of lending needs, including consumer finance, commercial lending, home improvement financing, medical financing, account receivable financing, and more.
Capabilities of the TurnKey Lender System
The TurnKey Lender system boasts a comprehensive set of capabilities to handle various credit products and loan scenarios. It can manage loans with different terms, down-payment amounts, rates, early payoff options, settlement choices, term modifications, and more. Additionally, the system supports integration with other solutions, saving approved loan documents, enabling multiple users access concurrently, providing user and date/time information tracking, allowing electronic signatures, managing state-by-state APR logic, handling multiple currencies and languages, and accommodating flexible fee structures like late fees and NSF fees. It also offers the ability to generate secure statements and payment reminders through different means such as paperless and paper statements, as well as call, text, email, and letter reminders.
Using TurnKey Lender
Customers can easily apply for loans through the TurnKey Lender solution, which offers a streamlined application process. The system allows for customization to match your specific approval workflow, ensuring a seamless user experience. Moreover, TurnKey Lender provides a dashboard for an overall pipeline view, allowing lenders to track loan statuses and processing times efficiently.
TurnKey Lender's AI-Powered Decisioning
TurnKey Lender's AI-powered decisioning capabilities ensure compliance with lending regulations and enable accurate credit scoring. The platform offers expertly designed scorecards that can be tailored to specific regions or borrower types, enhancing decision-making processes. With the ability to auto-approve loan applications based on predefined criteria, TurnKey Lender streamlines the lending process and maximizes efficiency.