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What is Parlay?

The applicant portal allows small businesses to quickly assemble detailed application packets. By providing your financial institution with a sophisticated loan origination enhancement tool that is customized for your brand, users can enjoy a user-friendly and seamless experience. Customize our platform to align with your brand's identity, ensuring that your users have a consistent and engaging journey. Easily integrate our solution with your current systems to allow for a fluid loan processing workflow. Cultivate user loyalty and engagement through a user-friendly platform that keeps a continuous connection with your clients. Improve loan approval rates by utilizing readiness scoring and personalized recommendations. Take advantage of data analytics to monitor applicant readiness and refine underwriting efficiency, guaranteeing effectiveness throughout the loan process. This all-encompassing strategy not only boosts operational effectiveness but also significantly enhances the overall customer experience, leading to stronger relationships between businesses and their clients. By prioritizing these elements, financial institutions can thrive in a competitive market.

What is Commercial Servicer?

Commercial Servicer® is a user-friendly software solution designed to automate and enhance the data management process for servicing intricate structured loans, such as those linked to commercial real estate, multi-family units, construction financing, and equipment loans. This powerful platform provides an extensive set of features that allow users to manage a diverse range of complex structured loans effectively, including commercial real estate and multi-family financing options. It facilitates the recording, monitoring, and management of critical data necessary for efficient asset management and collateral oversight. Users can easily store an unlimited range of collateral types and properties within the platform, while a variety of built-in reports support the pursuit of optimal asset management results. Additionally, Commercial Servicer® streamlines the payment processing workflow, ensuring that it is not only swift and efficient but also remarkably precise. The system's intuitive tools enable users to seamlessly post different types of payments and related fees, significantly improving the overall user experience. Notably, this software solution excels due to its all-encompassing features and the convenience it offers to professionals engaged in commercial loan servicing, ultimately positioning it as a leading choice in the market. By combining robust functionalities with a focus on user satisfaction, Commercial Servicer® is poised to transform the way structured loans are managed.

Media

Media

Integrations Supported

Kinective Bridge

Integrations Supported

Kinective Bridge

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Parlay

Company Location

United States

Company Website

www.parlay.finance

Company Facts

Organization Name

FICS

Date Founded

1983

Company Location

United States

Company Website

www.fics.com/products/commercial-servicer/

Categories and Features

Commercial Loan

Asset Management
Audit Trail
Complex Debt Structures
Dashboard
Document Management
Exposure Management
Lead Management
Pipeline Management
Risk Management
Trend Analysis

Categories and Features

Commercial Loan

Asset Management
Audit Trail
Complex Debt Structures
Dashboard
Document Management
Exposure Management
Lead Management
Pipeline Management
Risk Management
Trend Analysis

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