LendFoundry Blog: Page 2

Explore the latest on Lending Technology

5 Issues That “Fintech Startups at the Growth-Stage” Need to Consider

5 Issues That “Fintech Startups at the Growth-Stage” Need to Consider

Every fintech entrepreneur in the market is looking to grow at a scale equivalent to that of the prevalent market rate. Fintech C-Suite is continuously on the lookout for the “next big thing” the innovation that is going to set their st [...]

  • March 4, 2021
The Key to Efficient Commercial Loan Origination

The Key to Efficient Commercial Loan Origination

Lending has always been the key source of income for banks. Apart from their revenues from non-interest income such as ATM charges and overdraft fees, it has always been loan interest that has fed into the growth and revenue of banks.Ho [...]

  • February 25, 2021
10 Features of the Perfect Loan Management Software

10 Features of the Perfect Loan Management Software

For a long time now loan origination and loan servicing systems together also known as loan management systems have been largely paper-based. These systems have also principally been dependent on human support and as such prone to human err [...]

  • February 18, 2021
Why Should You Use A Cloud-Based Loan Origination and Loan Management Platform?

Why Should You Use A Cloud-Based Loan Origination and Loan Management Platform?

Automation and cloud computing have brought in a whirlwind of change globally and the financial services industry is no exception. As such, traditional banks and lenders all over the world are now looking to adopt and implement these disrup [...]

  • February 11, 2021
How to Choose the Right Lending Automation Software for your Business

How to Choose the Right Lending Automation Software for your Business

Manual paperwork and off-line loan origination are fast becoming outdated. Loan Management on non-connected databases also hinder execution speed and expansion capability for businesses. During the worldwide COVID-19 situation, the world s [...]

  • February 5, 2021
What is Alternative Credit Scoring & Why is it So Popular?

What is Alternative Credit Scoring & Why is it So Popular?

In the finance and banking industry, lenders prefer thick credit files. The thicker the files, with more historical data about the applicants' borrowing history, better are their chances of getting their loan sanctioned, and if they have a [...]

  • July 9, 2020