What is Newgen Retail Loan Origination?

Revolutionize your retail loan origination process by implementing a flexible and responsive consumer lending application that aligns with our digital transformation strategy. This initiative will significantly improve the digital experience and provide features like automated underwriting, instant decision-making, and efficient exception management. Create a smooth and straightforward loan disbursement process for various financial products, including credit cards and personal loans, eliminating any manual involvement. Leverage digital collaboration tools for more complex loans, such as HELOCs and home equity loans, to facilitate faster turnaround times. Utilize a real-time dashboard to effectively track processes, pipelines, and overall productivity levels. By automating every component of consumer loan origination—from loan applications and underwriting to decision-making, closing, and booking—you will transition to a fully paperless environment. This advanced lending platform promises straight-through processing, resulting in quicker loan approvals and disbursements from financial institutions, which will ultimately boost customer satisfaction and enhance operational efficiency. Additionally, embracing this cutting-edge approach will help you optimize your lending operations, ensuring you remain competitive in the rapidly changing financial landscape while meeting customer expectations effectively.

Integrations

No integrations listed.

Screenshots and Video

Newgen Retail Loan Origination Screenshot 1

Company Facts

Company Name:
Newgen Software
Date Founded:
1992
Company Location:
United States
Company Website:
newgensoft.com/solutions/industries/financial-institutions/lending-loan-origination/consumer-retail-lending/

Product Details

Deployment
SaaS
Training Options
Documentation Hub
Online Training
Webinars
On-Site Training
Video Library
Support
Standard Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Newgen Retail Loan Origination Categories and Features

Loan Origination Software

Amortization Schedule
Audit Trail
Closing Documents
Compliance Management
Customer Database
Digital Signature
Document Management
Fee Management
Loan Processing
Online Application

More Newgen Retail Loan Origination Categories