SBA Lending Software
Automate your small business administration (SBA) lending processes—from submission to qualification, approval, and funding. Operate in a paperless environment and guarantee “first time right” processing to reduce overall expenditures and ensure compliance with regulatory requirements. Deploy on cloud for scalability, lower infrastructural costs, and a faster ROI.
SBA Loan Application Management
- Seamless integration with external loan servicing portals for loan submission without manual intervention
- Omnichannel and cross-channel support and automated eligibility checking for SBA loan applications
Digitized Work Environment
- Reduction in costs related to paper-based workflows, manual intervention, and low employee productivity
- Agile and configurable application to mitigate coding-related costs
Loan Document Checklist and Alerts
- Comprehensive list of necessary documents for loan applications
- Automated alerts in case of deferred documents
Online Customer Loan Portal
- Intuitive online application portal to help users select the right product for their needs
- Single, unified platform to streamline the customer journey
Unified Loan Processes
- Automated underwriting and decisioning of SBA loans based on bank rules
- Unified loan processes to eliminate redundant data entry and aggregate information across disparate systems
Configurable Rules-based Processing
- Built-in rules and credit policies to ensure regulatory compliance
- Compliance with dynamic SBA guidelines and requirements
The business lending process is often associated with manual tasks, paperwork, and a high turnaround ...
Download this eBook to gain better insights into your high-profile accounts to enhance profitability and ...
Watch this video to explore how Wilson Bank & Trust, Tennessee is leveraging Newgen's Digital ...
Join Alex Johnson, Director of Fintech Research at Cornerstone Advisors and Ankur Rawat, Banking Products Director, ...