LoanPro
VerifiedAPI first lending core with over 25 million active loans and 600 lenders
See all screenshots - Deployment Cloud Based
- Starting price Quoted on request
- Free trial Not offered
- Best for Medium Business, Large Enterprise
What is LoanPro?
LoanPro is a modern lending and credit platform built around an API first, AI ready architecture, used by more than 600 lenders running over 25 million active loans.
The company frames the market as a choice between two bad options: hard coded legacy vendors that stifle innovation, and newer vendors that have not proven themselves at volume. Positioning against both is credible only with the scale figures to back it, and 25 million active loans is the specific answer to the second objection.
The customer outcomes published are unusually concrete. Best Egg increased agent efficiency by 300 percent and introduced a COVID hardship programme in days. A top auto lender reallocated 15 percent of servicing staff to other projects. A top B2B lender increased first call resolution by 40 percent. A leading personal lender cut its default rate by half in the first year, and a leading automotive lender achieved 100 percent year on year growth.
Launching a hardship programme in days is the most revealing of those, because it demonstrates the actual value of a configurable core: when regulation or circumstances change, the question is whether the platform can express a new loan behaviour without a vendor release cycle. The Collections Suite reduces default rates through hardship programmes and collections strategies, and named segments cover financial institutions, consumer, business and auto lending. Pricing is not published; LoanPro sells through a demo.
Key Features of LoanPro
- API first lending core
- Configurable loan and credit products
- Collections Suite with hardship programmes
- Rapid new programme launch
- Consumer, business and auto lending support
- Regulatory change responsiveness
- Agent efficiency tooling
- Servicing automation
- Security built into the architecture
- Scale proven at 25 million active loans
LoanPro Pricing
Quoted
Quoted on request
No published rates. Loan servicing platforms are quoted on portfolio size, user count and modules.
LoanPro Specifications
- Deployment
- Cloud Based
- Desktop
- Web App
- Built for
- Medium Business
- Large Enterprise
- Support
- Phone
- Knowledge Base
- Public API
- Yes
- Free trial
- No
- Free plan
- No
- Runs in browser
- No
- Customisable
- No
- Website
- loanpro.io
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