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10-25-2019, 03:10 PM #1
- Join Date
- May 2017
- Posts
- 123
CRM Tip of the Week -Essential Characteristics of a Quality Loan Origination Solution
With the continued growth of FinTech and the Alternative Lending industry, systems and solutions that are tailored to these industries have also flourished. Loan Origination, that fundamental piece to any lending business, can be one of the biggest pain points as it involves a complex sales process as well as various documents, checklists and qualifications to complete.
When browsing around for a new system, you will see that most of your solution options will have many of the same features, including automated deal submissions, renewal management, stips and document tracking and easy to use application pages. Further, with so many companies having slick, modern looking websites with well written copy, it can be hard to know who you can trust to really deliver a system that will take your business to the next level.
So, in addition to the features and price of your potential solution, here are some characteristics of the solution and the company that provides it, that will help guide you to a winning option:
- Company Focus, Experience and Background
- Cutting Edge Technology
- Quality Resource and Data Integrations
- Scalability and Configurability
- Quick and Efficient Implementation
Click here to learn more!
The CloudMyBiz Team
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