LendingCycle >>> leadership before the close <<< performance management for lenders

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Advanced Features	Click Here for Advanced Features PDF

LendingCycle Overview: LendingCycle is a performance management solution focused on the pre-close environment and built specifically for lenders. Easy to use, based on solid methodology, and delivered as browser-based software; both management and lenders can now easily capture pre-close productivity information and then use it to analyze events as they are happening, from anywhere and at any time! LendingCycle combines the best attributes of reporting, business intelligence, CRM, SFA, and other efficiency systems. While hard to categorize into any of those groups, this solution was designed to deliver the best performance management solution for the lending environment. The following information describes some of the advanced features.

Information “at a glance”: LendingCycle allows you to quickly spot issues in lender performance or processes before they become problems. Within seconds of logging in, you immediately see vital pipelines and status information about your lending operation. Questions such as how long your loans have been active in the system (DA), how many days they are from close (DC) and other statistics are provided immediately. Utilizing our SingleCycle interface methodology, answers to additional questions are usually within a click or two. This information is available to everyone on your lending team as we have role profiles for management, processors/underwriters, and lenders. These roles operate in a “rights and privileges” structure that allows Users to see only what management wants them to see.

Quick Graphs: During the streamlined implementation of this system (the implementation process can be completed in as little as 45 minutes), you set up the names and terminology your organization uses. LendingCycle summarizes all submitted data based on that terminology and allows you to enter projections and track quotas per user. The system then offers the ability to graphically view a variety of metrics including performance of users, groups, products, loan types, trends, and many other variables. All of this analysis is available in a real-time environment! All graphs are exportable and analysis information is available in the many PDF reports offered within LendingCycle!

Entering Information – Keep it Clean: Performance analysis is meaningless if the data isn’t right. Our team spent months analyzing the best methods to validate data before it is entered, while retaining ease of use. We incorporate several “Help and Validation Aids” in all data input functions to make sure your information is as clean as possible from the beginning. We also have “in-line” help aids that assist the entry process and auto calculate information like LTV. Plus, many entry functions will only accept accurate types of entries in the right formats (phone numbers, zip codes, amounts, etc.).

Keeping Everyone on the Same Page: LendingCycle includes a variety of functions that allow your team to work in a unified manner. From multi-layer user grouping to quota management, this system can be altered allowing you to manage as needed. These functions increase efficiency, reduce redundancy, and heighten your performance and timeliness. While many of these can be disabled if not needed, functions such as Deal Lists (which track items needed to close per loan) provide a single point of reference for everyone on the team. Management, processors/underwriters, and lenders are looking at the same information at the same time.

Location of Lending: LendingCycle includes “Action Maps” that show where you are lending right to the street address. Whether you are looking at one loan’s location, all active customers, all active property deals, or all leads; you will know where you are doing business. When information is entered into the system, maps are immediately updated so you get real-time analysis. As you are reviewing these maps, you can click on a location and receive up-to-date information that includes amounts, close dates, internal reference information, and more. Plus, these are “active” maps, so you can zoom and move the maps in any fashion needed.

PDF Reports: This system includes dozens of PDF Reports that are generated from live data giving you real-time information, such as: Analysis Overview Funding Reports Pipe Line Overview Deal Overview Sheets Trend Analysis Lender Deal List & Analysis Per Lender Performance Overview Individual Customer Lists Organization Customer Lists Per Individual Deal List & Analysis Per Organization Deal List & Analysis We understand your environment, and want you to be as successful as possible. Call us today and see how we can impact your organization. In today’s tight credit market, every point counts!