LoansNeo

LoansNeo

Achieva.ai
Loquat

Loquat

Loquat Inc
+
+

Related Products

  • LoanPro
    182 Ratings
    Visit Website
  • Mortgage Automator
    198 Ratings
    Visit Website
  • LendingPad
    302 Ratings
    Visit Website
  • SBS Banking Platform
    29 Ratings
  • Centrex Software
    18 Ratings
    Visit Website
  • Bryt Software
    19 Ratings
    Visit Website
  • Finastra LaserPro
    2 Ratings
    Visit Website
  • SBS Asset Finance
    3 Ratings
    Visit Website
  • Bravo POS for Pawnbrokers
    92 Ratings
    Visit Website
  • Monarch Money
    139,855 Ratings
    Visit Website

About

LoansNeo is a lending management software developed for Banks and NBFCs. It comes with custom workflows, visual analytics, and AI-based recommendation features and can simplify loan origination, journey management, scheduling, payment tracking, and other lending activities.

About

Loquat Inc. is a fintech innovator enabling banks and credit unions to offer smart consumer and business banking to their customers and members. The platform provides seamless KYC/KYB, fast onboarding; virtual cards; automated lending; an integrated portal for fraud detection, compliance monitoring, workflows, and analytics (CALM); a proprietary Loquat IQ – AI solution utilizing FI data for strategic insights with interactive chat and continuous learning to enhance performance. Loquat meets the highest standards for security, compliance, and operations and is SOC 2 Type 2 certified. Cloud-agnostic platform integrates seamlessly via API and has a modular architecture to adapt to each institution’s needs Loquat products: 1) Business Account opening, Cards & payments, and Lending for SMBs and enterprises 2) Consumer Account opening, Cards & payments, and Lending for retail customers 3) CALM Portal: Real-time compliance and analytics portal 4) Loquat IQ – differentiated AI solution

Platforms Supported

Windows Supported
Mac Supported
Linux Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Supported

Audience

Banks, NBFCs, loan managers

Audience

Banks, Credit Unions, Financial Institutions

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

API

Offers API Not Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Pricing

$50/month/by usage
Our pricing model is aligned on growth and digital adoption. We typically have 3 components to our pricing, including (1) an enterprise integration fee, (2) an annual platform fee, (3) and transaction fees based on usage.

Focus and simplicity. Loquat is purpose-built for regional and community banks and credit unions, with a deep understanding of the regulatory, operational, and user experience challenges you face.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 4.8 / 5
ease 4.5 / 5
features 4.3 / 5
design 4.5 / 5
support 5.0 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Pros & Cons from Real Users

Pros

  • Easy customization. Risk scoring. Audit trails. Ready-to-use reporting. Mobile-ready configuration. Easy customer journey management. Seamless loan approvals.
  • Effective automation of different loan lifecycle processes Important insights for decision-making and customization of workflows. Quick and hassle-free loan approvals. Reduced complexity.
  • 1. Customize workflows with no IT involvement 2. Ready-to-use reporting 3. Risk-scoring 4. Audit trails 5. Pre-built support for receivables 6. AI-driven insights for decision-making and underwriting 7. Automation capability
  • Streamlined Automation: The software effectively automates various stages of the loan lifecycle. Informed Decision-Making: It provides valuable insights for making informed decisions and allows customization of workflows. Swift and Trouble-Free Approvals: Users experience quick and hassle-free loan approvals. Reduced Complexity: The software simplifies complex loan procedures.
  • Easy integration with payment gateways and other marketing apps. Assists with risk profiling and predictive analytics for each customer. Facilitates faster interactions via inbuilt automated and customized approvals.

Cons

  • To get maximum return on your investments, it is advised to customize the solution according to your business needs.
  • According my to experience and after use right now. Haven’t come across any as of now.
  • According my to experience and after use right now, I Couldn’t find any.
  • Currently I haven't found any cons or lack of features, none as of now.
  • Failing to utilize the software to its full potential might be costlier, which can be one of the cons. It is advised to check if the software works well for your business-specific needs. Otherwise, there are no cons as such.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Company Information

Achieva.ai
United States
achieva.ai/loans-neo/

Company Information

Loquat Inc
Founded: 2018
United States
loquatinc.io

Alternatives

LendFoundry

LendFoundry

Sigma Infosolutions

Alternatives

HES LoanBox

HES LoanBox

HES FinTech
Novopay

Novopay

Novopay Solutions

Categories

AI Lending Supported
Loan Management Supported
Loan Origination Supported
Loan Servicing Supported

Categories

KYC Supported
Loan Origination Supported

Loan Origination Features

Amortization Schedule Not Supported
Audit Trail Not Supported
Closing Documents Supported
Compliance Management Supported
Customer Database Supported
Digital Signature Not Supported
Document Management Supported
Fee Management Supported
Loan Processing Supported
Online Application Not Supported

Loan Servicing Features

Accounting Management Supported
Amortization Schedule Not Supported
Application Management Not Supported
Auto Loans Not Supported
Automatic Funds Distribution Not Supported
Business Loans Supported
Collateral Tracking Not Supported
Collections Management Supported
Compliance Management Supported
Construction Loans Not Supported
Customer Database Supported
Fee Management Not Supported
Investor Management Not Supported
Loan Processing Supported
Student Loans Not Supported

Integrations

Docusign Not Supported
ForgeRock Not Supported
Plaid Not Supported
Q2 Not Supported
Salesforce Supported
SendGrid Not Supported
Twilio Not Supported

Integrations

Docusign Supported
ForgeRock Supported
Plaid Supported
Q2 Supported
Salesforce Not Supported
SendGrid Supported
Twilio Supported
Claim LoansNeo and update features and information
Claim LoansNeo and update features and information
Claim Loquat and update features and information
Claim Loquat and update features and information