Financial institutions face pressure to make fast, accurate loan decisions — to meet borrower expectations for quick turnaround and to stand up to loan-review scrutiny. Our commercial loan origination system allows you to do both so you grow loan revenue. You book loans faster with efficient digital workflows, that reduce manual errors and inconsistencies.
Business lending software
Reduce origination costs and lending inefficiencies.
Better for Borrowers
Imagine gaining efficiencies that yield faster decisions and combat high origination costs while making it easier to offer service focused on relationships rather than paperwork. With Abrigo’s Sageworks Lending Software, financial institutions can make that a reality.Play Video
Features and functionality of commercial loan software
Build stronger banking relationships
through lending automation.
Community banks and credit unions need to grow the loan portfolio, but it can be tough to compete with fast digital lending experiences of larger institutions. Abrigo's commercial loan software equips institutions to assess and act quickly on creditworthy borrowers, giving better customer service and helping to provide more value to the community.
Easier Data Entry and Gathering
Enter information once and use it throughout origination; securely upload documents via an online portal.
Quick Analysis and Decisioning
Auto-decision certain loans based on the institution's loan policy, leaving time for credits needing more analysis.
Integrated CRM Built for CFIs
Grant greater visibility into sales activities and pipeline for loan officers.
Ongoing Data and Insights
Leverage relationship information, proprietary industry data, and engaging dashboards to target and win business.
Lending Process Management
Customized templates align with loan policy, keeping originations on track and eliminating bottlenecks.
"With our set up before, some of these [loans] could take five or six days… Our turnaround time with the full solution up and running is probably one to two days max." Read more
Neal Chaloupka, Vice President of Lending
Advantages of commercial loan software
A commercial loan origination system for multiple loan types - all in one system
Along with improving the overall borrower experience, your loan software should support and enhance internal processes and goals. The Sageworks Lending Software provides the tools and partnership to help banks and credit unions grow by allowing them to realize efficiencies across their teams.
Grow Your FI with a Scalable System
Systems and processes must be able to accommodate increases when loan growth is a top objective. Utilizing the Sageworks loan software, banks and credit unions will be able to leverage the web-based platform and specific templates, ensuring loan policy consistency as the volume and footprint expand.
Support Multiple Loan Types on One System
Many financial institutions use an array of siloed, one-off systems to support their various loan products and types. With our lending software, banks and credit unions evaluate business and personal loans on the same system. Lending teams receive more consistency and insight across the portfolio.
Award-Winning Products – All-in-One Solution
Create an efficient digital branch by utilizing an online application.
Commercial Account Opening
Provide an end-to-end solution with automated commercial account opening and treasury services
Set loan-approval parameters to speed up decisions without increasing risk.
Provide high-quality service with a 360-degree view of each customer and loan.
Utilize customized templates and steps to match your loan management needs.
Collect documents using a secure portal and stop tracking down files one-by-one.
Securely store key documents by centralizing them for users who need access.
Integrated Systems with Abrigo
Simplify your business account opening process with a digital end-to-end solution.
Commercial Account Opening
Abrigo has partnered with ProcessMaker to help financial institutions accelerate and automate commercial account opening. This solution enables banks and credit unions to quickly onboard business accounts with a transformed digital experience. In addition, the Abrigo solution offers the ability to streamline treasury services by allowing customers to add those services during their account setup.Learn More
Resources on Lending
Ways for FIs to Propel Growth with Tech
Use technology adopted amid the coronavirus and the PPP for growth and profitability ahead.
Formula for Business Lending Success
Tips to maintain a healthy share of business lending.