Seamless Commercial Loan Origination System

Commercial Loan Origination Software

Originate, process, disburse, and monitor commercial loans with our commercial loan origination software, built on a unified digital platform. Gain better insights into your high-profile accounts to enhance profitability and underwrite loan applications competitively. Leverage online, self-service portals for various stakeholders, including borrowers, brokers, appraisers, and more, to ensure seamless communication and request fulfillment. Streamline your go-to-market and stay on top of regulatory requirements, all while empowering your relationship managers with the tools to deliver an unparalleled customer experience.

Solutions Overview
Benefits

Solutions Overview

Single platform for all loan products

Supports C&I, CRE, SBA, Small business, and Consumer lending products
Automated segregation of loans based on loan value, loan type, and exposure

Digital Channels for new age lending

Omni-channel portals for borrowers for loan submission
Portal access for all participants in the loan process including brokers, vendors, attorneys, participants etc.

Intelligent Underwriting and Risk Rating

Configurable spreading with individual, entity, and collateral analysis with flexible loan presentation
Rule-based, configurable risk rating module and workflow-based exception management and tracking

Loan Portfolio Monitoring and Analysis

Portfolio monitoring and automated tracking and retrieval of collaterals and covenants
Automated validations and customer alerts through the borrower portal, related to missing data and documents

Management of Leads and Customer Relationships

Integrated prospecting module to manage and review customer relationships
Lead management capabilities, including lead creation, activity scheduling, reminders, and pipeline management

Integrated Loan Closing & Automation

Tight integration with document management & preparation engines for generating loan package
Automated requests to attorneys for document generation and coordination through the attorney portal

Integration Functionality

Real-time integration with CRM, credit bureaus, flood check, appraisal sites, doc prep engine, e-sign applications, and core banking system
Single view for all participants in the lending process. No duplicate data entry

360-degree Visibility

Dashboards to generate operational, productivity, and investigative reports
Real-time alerts on critical business events, including non-compliance and delinquent loans

Benefits

Ensuring Real Outcomes for Every Role

Chief Executive Officer

Responsible for overall business strategy, CEOs can leverage Newgen’s commercial lending software to ensure cost efficiency while maintaining credit compliance, risk management, and overseeing credit growth. All of this enables them to deliver a greater ROI to stakeholders, including customers, employees, and partners.

Increased profitability and revenue
Quicker loan disbursal for financial institutions
Higher volume of loan originations
Rapid deployment for a faster ROI
Faster time to market

Chief Lending Officer

With a focus on monitoring and growing credit, CLOs can maintain a healthy portfolio mix, drive market penetration, and reduce costs by leveraging a robust commercial lending solution. This further allows lenders to manage stakeholder relationships and ensure a faster ROI.

Simplified communication using digital portals
Improved productivity of loan officers and underwriters
Shorter turnaround times
Automated decisions for small value loans
Greater frequency of first time right processing

Chief Operating Officer

COOs are responsible for streamlining operations, maintaining efficiencies, and ensuring real-time visibility and transparency throughout the lifecycle of loans. A commercial loan origination software can help them seamlessly manage documentation, loan servicing, funding, and closing, among other things.

Increased number of loans serviced per staff (FTE)
Improved productivity and an optimized workforce
Centralized document access and processing
Reduced operational costs
Enhanced application tracking and monitoring

Chief Risk Officer

Responsible for ensuring compliance and mitigating risk, CROs can implement robust commercial loan origination software to safeguard their organization. The software can help CROs manage credit risk, control risk distribution, ensure effective risk rating, and much more.

Enhanced portfolio risk monitoring and mitigation
Dynamic credit risk modeling
More effective risk rating models and scorecards
Ensured continuous improvement
Integrated financial analysis
Improved data governance and management

Chief Information Officer

CIOs are primarily responsible for ensuring technological advancement and modernization. With a commercial loan origination software, they can develop and implement new or upgraded systems, while ensuring scalability and adaptability, to support business goals.

Modern, adaptable, and configurable software built on a low code platform
Stronger data analytics and a centralized repository for data and documents
Quicker provisioning with cloud deployment
Ease of integration with core and third-party systems

Integrations

Lending Solutions

Consumer/Retail Lending

Automate your consumer/retail lending process to manage...

Commercial Lending

Ensure compliance and process efficiency throughout the...

Small Business Lending

Deploy small business lending software within weeks and...

SBA Lending

Help small businesses with a full-proof lending process...

SME Lending

Empower small and medium enterprises with a streamlined...

Mortgage Lending

Streamline your mortgage lending processes for greater...

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50%
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Turnaround time reduced
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