22 May 2015

Lendio launches free version of biz loan prospect management tool

09 July 2014  |  591 views  |  0 Source: Lendio

Lendio, the online leader in helping business owners secure financing, announced today a free version of its award-winning prospect management software, Pipeline, designed specifically for the business loan process from initial contact to funded loan.

Pipeline helps loan specialists capture and centralize all the loan information digitally that is currently in disparate locations.

"We're very excited to make this new free version of Pipeline available to more small business lenders," said Brock Blake, CEO and Founder of Lendio. "We believe this will help put more capital into the hands of small business owners by making it easier for a loan specialist to close more small business loans."

The software is designed to help loan officers and business development officers be more efficient with their customer interactions and ultimately close more loans. Usage of the Pipeline tool is helping business loan departments transition from manual processes like manila folders, Post-It® notes, and spreadsheets for managing small business loan prospects to a centralized technology solution for managing account information, contact history, and business loan workflow.

Pipeline is the result of feedback from community banks, credit unions, and other lenders looking for a solution that enables them to access customer contact information and application progress from their desktop or smartphone. By making the software available to qualifying lenders for free, Lendio enables them to be more efficient by eliminating dual entry, eliminating manual process, and giving them visibility to better track every business loan—simply by registering for the free software.

Experience the free version of Lendio Pipeline at your bank or other lending institution. Visit Lendio to get started. 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 
Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
Cash overtaken by non-cash payments in the...
5627 views comments | 44 tweets | 29 linkedin
MasterCard launches personal payments serv...
5409 views comments | 15 tweets | 26 linkedin
US banks bid to crack down on 'card cracki...
5241 views comments | 8 tweets | 10 linkedin
Researchers build model to predict which d...
5045 views comments | 15 tweets | 11 linkedin
Rise of the FinTech - A threat to Retail B...
4976 views 3 | 7 tweets | 7 linkedin

Featured job

up to £100K base, £200K OTE, benefits
London, UK

Find your next job