Cumbersome, time consuming, and paper intensive, these are some of the terms people use when referring to the process of taking out a loan. If a customer already has an account at your bank, are you still forcing them to fill out long application forms with data you already have in your system? Are you frustrating them by forcing them to spend hours searching for documents and then having to fax them in? Is it any wonder why loan drop-off rates are high?
It doesn’t have to be that hard. Today’s loan customers are digital natives. They grew up with Google, Facebook, and Instagram. It’s time to reimagine the lending process.
Entech delivers lending solutions that personalize loan products so customers don’t have to enter a lot of data. We automate data collection across internal databases and external sources to make single click, high-quality loans a reality. Our Continuous Engagement solutions deliver seamless user experiences and eliminate manual steps. This speeds up the entire loan origination life cycle.
Making lending easy for customers’ means eliminating data entry and plugging into third party systems for credit history, tax information, and payroll data. Entech works with clients to create a Continuous Engagement loan origination hub, and tailored loan applications. We make it easy for customers, and in doing so, increase pull-through and help you book more loans.
Making lending better means Continuously Engaging and making it convenient for customers. It means automating and speeding up the entire lending process by reducing data entry and manual validation tasks. Entech lending solutions put in place the operational processes and technologies to increase efficiencies and lower costs. We’ll help you automate information collection, intelligently manage communications, and personalize loan product offers based on contextual awareness of exactly what the customer needs and can afford.