Lending 360 - Loan Origination Software
A faster, more efficient loan and new account origination system – helping you to greatly improve the member experience
Lending 360 is an origination platform built by CU Direct specifically for credit unions and CUSOs. Through automation, simplified workflows and powerful reporting capability, credit unions can easily increase their productivity and efficiency.
An Intuitive, User-Friendly Staff Interface
The Lending 360 staff interface and administration interface is easy to navigate, simplifying the application process and making it easy to train new employees. Fewer clicks means faster processing.
Responsive Design Online Applications
The Online Loan Application is branded to the credit union’s website and is highly customizable. And being responsive in design, it can render on nearly any device, allowing your credit union to offer a true mobile experience. Want to plug it in behind your Mobile Banking App? No problem. Want to pre-fill fields from existing member data? No problem. Prefer a shortened “quick app” for your members? We like that too. We can also include document upload and cross-selling of other loan products.
The responsive design Online Membership Application also matches your credit union’s brand, and works in conjunction with the Online Loan Application. The Online Membership Application includes, among numerous other features, a full eligibility wizard, member document uploads (from a desktop or mobile device), and an online signing experience for your new member.
Lending 360 can be configured by our implementation team to support your specific processes. We’ll set up workflows and teach your team how to manage future changes using the system’s administrative module.
Powerful Decision Engine
Lending 360’s flexible and powerful decision engine supports underwriting strategies – from the simplest to the most complex—with over 1,200 variables available for use in five 3D matrices and unlimited custom rules.
Third Party Integration
Lending 360 can connect to most host systems and numerous third parties, streamlining origination, underwriting, processing and disbursement. We also offer optimal integration with CUDL and OnSpot Financing (retail lending). For example, no one else in the industry can convert a direct auto loan into an indirect CUDL loan (available to the dealer) with the simple push of a button. We can!
Other Features & Benefits
You also get a strong cross-sell platform, digital documents/e-signature capability, host and imaging integration (if available—contact your providers) and a CUSO-ready system, in case you’re looking to expand services.
Why CU Direct and Lending 360?
Designed and manage by former lenders, Lending 360 comes with powerful features that allow credit unions to improve the member experience by streamlining the entire application process. But, at the end of the day, our clients tell us it’s the relationship that matters most. We’re not your typical vendor – we’re CU-owned and completely dedicated to serving your technology needs.