Commercial Lending Software

Commercial Lending Software is a Newgen solution that automates the full lending cycle for every kind of loan. It moves a loan from prospecting through to servicing within a paperless, electronically driven workflow.

Features

• Prospecting and origination: captures credit applications electronically.
• Underwriting and approval: routes decisions through a digital workflow.
• Disbursement: releases funds once a loan is approved.
• Servicing and monitoring: follows loans after they are issued.
• Paperless workflow: credit origination, approval and monitoring all run electronically.

Who it serves

Lenders that want paperless, electronically driven credit processing across the range of commercial loan types.

Key facts

• Vendor: Newgen
• Foundation: a business process management framework