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What is SparkLMS?

SparkLMS serves as an all-in-one suite of tools designed for effective loan management, encompassing features such as Lead Management, CRM, Loan Product Management, underwriting, loan origination, collections, and reporting. This platform is particularly advantageous for micro-loan lenders, enabling them to oversee their Payday and Installment, CAB/CSOs, Auto Titles, and Line of Credit Portfolios from a single interface. As a cloud-based solution, SparkLMS not only streamlines IT management but also minimizes associated costs. The platform ensures seamless integration and comprehensive visibility through a unified data model that links back office financials with customer information. To thrive in the lending business, adopting a modern and adaptable solution is essential; one that is not only cost-effective but can also scale rapidly and prepare your organization for sustained innovation and growth. Additionally, the versatility of SparkLMS allows lenders to easily adjust their operations to meet evolving market demands and customer expectations.

What is kennek?

Kennek is a comprehensive loan management solution that handles the entire lending process, from origination through to loan maturity, within a single platform. It is designed for a wide range of lenders, including bridging, commercial, development, unregulated, revenue-based, and leasing institutions. Built by former lending professionals, Kennek tackles the operational challenges frequently faced in the lending sector. The platform offers customizable workflows and settings that require no programming skills, making it easy for users with different technical backgrounds to operate. Routine tasks, such as sending borrower reminders and calculating covenants, are automated, freeing up time from administrative duties. Lenders can also monitor data in real time, allowing them to spot risks early and prevent potential defaults. Kennek provides dedicated modules for origination and underwriting, loan servicing and monitoring, credit portfolio management, and investor reporting. The investor reporting tools generate reports automatically and give stakeholders access to up-to-date performance data, ensuring consistent and transparent information. The software is designed to reduce human error, optimize middle- and back-office operations, and enable growth without requiring a proportional increase in staff.

Media

Media

Integrations Supported

Google Drive

Integrations Supported

Creditsafe
HubSpot CRM
Modulr
Sage Accounting
Salesforce Agentforce 360 Platform
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

£1,950.00/month
Includes origination and underwriting, servicing, monitoring and reporting modules.

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

SparkLMS

Company Location

United States

Company Website

sparklms.com

Company Facts

Organization Name

kennek

Date Founded

2021

Company Location

United Kingdom

Company Website

kennek.io

Categories and Features

Loan Management

Not specified

Loan Origination

Closing Documents
Compliance Management
Customer Database
Digital Signature
Document Management
Loan Processing
Online Application

Mortgage and Loans

Not specified

Categories and Features

Credit Management

Not specified

Loan Management

Not specified

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