Audience

Retail Banking, Corporate Banking, SME Banking, Commercial Banking

About VeriLoan

VeriLoan is an omni-product omni-channel digital loan origination, servicing, and collection solution. It manages the entire customer lifecycle in one CRM platform, covering pre-screening, onboarding, risk and credit review, underwriting, disbursement, and collection. VeriLoan automates retail, commercial, and corporate loan processes from start to finish. The solution enables financial institutions to make fast, consistent, & cost-effective loan decisions within predefined risk margins. It offers straight-through processing (STP), a sophisticated rule engine (InRule), simplified KYC and AML checks, and an advanced eligibility calculator. It facilitates coordination among relationship managers, business line managers, credit analysts, credit committee, credit admin officers, and the operations department. It can integrate with external systems like Credit Bureau for quick risk assessments, KYC, AML, and blacklist checks. Branch Based & Digital & Mobile & 3rd Party Broker Origination

Other Popular Alternatives & Related Software
ABLE Platform
ABLE Platform
(1 Rating)
ABLE Platform is a multimodule web software that covers the entire loan origination and loan management processes. The following modules are included: - Landing page - to attract new borrowers. - Borrower portal - to serve actual borrowers. - Self-service portal - to manage the whole enterprise activity. - Back-office - the core of the platform to manage incoming loan applications, service disbursed loans, configure the loan product catalog, built-in dashboards and more. The platform automates the lending process throughout all the stages: - Initiation of omnichannel application - Consolidation and restructuring of debts - Negotiation with customers - Application decision-making - Personalized offers - Automation of the loan disbursement ABLE Platform serves any type of loan: - Payday Loan - Personal Loan - Point of Sale Loan (POS) - Buy Now, Pay Later (BNPL) - Mortgage Loan - Home Equity Loan - Auto Loan (Car finance) - Student Loan, etc
Learn more
LoanAssistant
LoanAssistant
(5 Ratings)
LoanAssistant is a powerful and versatile loan amortization software developed by a dedicated team of successful accountants, software developers, and bankers. The solution is the only loan servicing add-on for QuickBooks that enables users to seamlessly manage multiple loans and credit lines. With Loan Assistant, loan data easily shows up to QuickBooks without double entry. The loan management feature of LoanAssistant covers various segments of the lending industry such as residential and commercial mortgages, education loans, motor finance, construction loans, installment sales and others. Our sophisticated Investor Participation module simplifies managing external/internal loan investments tracking/accounting, processing, and reporting. Accrual Accounting option available. Stand-alone option available. Borrower side servicing available. No limit/additional charges on number of loans/accounts/transactions/borrowers/lenders. No additional hardware required. Annual subscription.
Learn more
MeridianLink Consumer
MeridianLink Consumer
MeridianLink® Consumer is a cloud-based consumer loan origination system that empowers financial institutions to deliver seamless, digital-first lending experiences that scale with your business. From streamlined digital application functionality to AI-enhanced smart decisioning, the LOS supports a full suite of lending products including personal loans, auto loans, HELOCs, and small business loans, while connecting with hundreds of partner integrations to transform every step of your lending workflow.
Learn more
Peach Finance
Peach Finance
Peach Finance is an API-first lending technology platform that enables fintechs and traditional financial institutions to quickly launch and confidently scale lending programs. Peach is the only lending platform built on an Adaptive Core™, a new paradigm in loan management providing complete configurability, even at scale. Peach provides end-to-end, fully integrated loan servicing capabilities, including payment processing, a white-label borrower portal, a lending-specific CRM, omnichannel communications, data and insights, first-party collections tools, and Compliance Guard™. Peach's fully integrated product suite supports virtually any asset class, including BNPL, credit cards, cash advances, personal loans (installments and lines of credit), retail installment contracts, business loans and novel constructs. Peach was built by leaders from top fintechs like Affirm, Avant and Prosper with the goal of improving lives by giving every lender the power to innovate.
Learn more

Integrations

No integrations listed.

Ratings/Reviews

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

Company Information

VeriPark
Founded: 1998
United Kingdom
www.veripark.com

Videos and Screen Captures

Get Started
Other Useful Business Software
$300 Free Credits to Build on Google Cloud Icon
$300 Free Credits to Build on Google Cloud

New customers can spin up VMs, build with AI, and query data at no cost.

Put your $300 in credit toward real workloads, then keep building with free monthly usage for 20+ products. No commitment and no charge until you upgrade.
Start Free

Product Details

Platforms Supported
Cloud
iPhone
iPad
Android
Training
Documentation
Live Online
Webinars
In Person
Support
Phone Support
Online

VeriLoan Frequently Asked Questions

Q: What kinds of users and organization types does VeriLoan work with?
Q: What languages does VeriLoan support in their product?
Q: What kind of support options does VeriLoan offer?
Q: Does VeriLoan have a mobile app?
Q: What type of training does VeriLoan provide?

VeriLoan Product Features

Debt Collection

Auto Dialer Not Supported
Compliance Management Not Supported
Contact Management Not Supported
Client Management Not Supported
Commission Management Not Supported
Payment Plans Not Supported
Agency Management Not Supported
In-House Collections Not Supported
Credit Bureau Reporting Not Supported
Transaction Management Not Supported
Callback Scheduling Not Supported
Automated Notices Not Supported

Loan Origination

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

Loan Servicing

Investor Management Not Supported
Fee Management Not Supported
Collateral Tracking Not Supported
Compliance Management Not Supported
Automatic Funds Distribution Not Supported
Collections Management Not Supported
Accounting Management Not Supported
Customer Database Not Supported
Loan Processing Not Supported
Amortization Schedule Not Supported
Application Management Not Supported
Student Loans Not Supported
Auto Loans Not Supported
Construction Loans Not Supported
Business Loans Not Supported
Page Already Claimed. Claim Again?