LoanPath
The LoanPath Solutions
Efficient Origination and Transaction Approval
The LoanPath Credit Underwriting and Management Platform is designed from the ground up to be easy to use and flexible enough to handle the varied credit underwriting needs in small to large lease and loan transactions for individual business unit implementations.
LoanPath can be easily configured to leasing or lending organization needs through the use of our best-in-class workflow tool and rules engine and can be implemented within a specific business unit solution.
LoanPath can be configured based on a limited set of information from the client and can be live for a client implementation quickly to mirror client credit processes and use the workflow engine and rules engine functionality to make the application, underwriting and approval processes more flexible and efficient.
LoanPath can be hosted by Third Pillar for a fee, or implemented within a client's firewall and managed by the client.
All LoanPath functionality is available via a web browser, and role-based entitlements easily enable the participation of dealers, vendors, legal or other 3rd parties in a transaction.
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Core Features
LoanPath supports the efficient origination and processing of commercial transactions with these core features:
Quote – provides quotes for an equipment lease.
Application and Credit Information – capture data and documents for a credit application.
Credit Scoring - utilize a client's credit scoring rules for system generated scoring.
Manual Credit Decision – manually evaluate and decision credit applications.
Automated Credit Decision – automatically credit score.
Documentation – generate documents and faxed receipt of signed documents.
Booking – interface and exchange information to a 3rd party booking engine.
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