Abrigo's consumer loan software offers an automated and streamlined workflow. It features new AI-powered capabilities that integrate with your core systems. This solution replaces manual processes, improving both efficiency and revenue. Our solution allows banks and credit unions to respond swiftly to borrower requests for loan decisions. This is achieved through an automated workflow.
Retail lending software
Accelerate approval time and efficiency with an all-in-one consumer loan software.
Exceed expectations
Financial institutions must grow their consumer loan portfolios profitably. Competing effectively is challenging without a quick decision-making process that consumers expect. Abrigo offers consumer loan origination software. This software, combined with our recognized client service, allows institutions to make fast and dependable decisions. This allows you to concentrate on building strong relationships with your customers or members.
Play videoFeatures and functionality of consumer loan software
Book more loans and boost profitability with retail lending software
Nearly half of consumer lenders believe attracting new, qualified borrowers will be a key challenge in the coming year, according to Aite Group, and almost two-thirds anticipate customer retention will be moderate or challenging. With Abrigo's complete digital solution, you can attract reliable borrowers. This approach enhances customer service and improves retention rates.
Integrated CRM
Utilize a central record of customer interactions. This will enable accurate reporting on the pipeline and alert lenders about upcoming tasks.
Lending process management
Keep consumer loan originations on track and eliminate bottlenecks with customized templates that align with your loan policy.
Automatic Loan Decisioning Templates
Use your institution's loan policy to auto-decision certain loans, leaving time for credits needing more analysis.
Secure Document
Management
Securely upload documents to the portal with ease and access anytime as needed from all branches.
Dynamic Loan
Application
Easily configure the loan application to include the information your institution requires for various loan products.
Pipeline Reporting & Task Notification
With centralized data, your institution can accurately report on its pipeline and alert lenders of upcoming tasks.
"[Abrigo] Consumer Lending will add more efficiencies to our bank."
Phil Watson Sr., VP at Oakstar Bank
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Advantages of consumer loan software
Stand out in your market with a scalable, customer-centric lending platform.
By automating the consumer lending process, banks and credit unions can eliminate duplicate data entry. This leads to greater efficiency, quicker decisions, and increased profitability. Abrigo’s consumer loan origination software enables financial institutions to use a single system for various loan products. This approach provides deeper insights into consumer portfolios by utilizing unified customer information.
End-to-End software
Systems and processes must be able to accommodate increases when loan growth is a top objective. By using Abrigo's retail lending software, banks and credit unions can take advantage of a cloud-based platform. This platform provides specific templates that help maintain a consistent loan policy as their volume and reach grow.
Multiple loan types on one system
Many financial institutions use several siloed, one-off systems to support various loan products. Institutions can evaluate business and personal loans on the same system with Abrigo, leading to more consistency and insights across the portfolio.
Build revenue and relationships
With the increased loan volume and quick decisioning capabilities automation provides, financial institutions will have more time to focus on building relationships and generating more revenue through other activities.
"All the way around, with the modules we're using, Abrigo just makes our lives more efficient. And a lot easier."
Debbie Bather, Director of Business Services, Dover Federal CU
Integrated systems with Abrigo
Streamline deposit account opening process with a digital end-to-end solution.
Consumer Account Opening
Abrigo has partnered with Prelim to help financial institutions improve and automate consumer account opening. This solution enables banks and credit unions to quickly on-board customers and members with a transformed digital experience. Our complete digital deposit account opening software will help you gain a competitive edge and enhance customer loyalty.
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