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Commercial Loan Origination Solutions

Commercial Loan Origination Solutions Reviews and Ratings

What is Commercial Loan Origination Solutions?

Gartner defines commercial loan origination solutions (CLOSs) as software applications that enable lending institutions to manage the end-to-end process of opening lending products, from application through underwriting and closing, for businesses of different sizes. These can be consumed as on-premises software, cloud-based SaaS, integrations and API, and white-labelled solutions. CLOSs are software solutions specifically designed to facilitate the evaluation, approval, settlement, and documentation of loans for businesses. These solutions serve as a centralized platform for lenders to assess business creditworthiness, collect and analyze financial information, automate document processing, and streamline the commercial lending process. The primary purpose of CLOSs includes activities such as processing loan applications, managing risk, managing collateral, and improving operational efficiency. These solutions offer solutions to problems such as lengthy approval processes, manual data entry, complex financial analysis, and cumbersome documentation requirements.

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Logo of Backbase Engagement Banking Platform

Backbase Engagement Banking Platform

By Backbase

3.9
(23 Ratings)

Backbase Engagement Banking Platform is a software designed to help financial institutions modernize their customer interactions and streamline digital experiences across channels. The software provides tools for managing online and mobile banking, onboarding processes, product origination, and customer service. It offers customizable user interfaces and integrates with existing core banking systems to enable efficient workflows and support omnichannel engagement. The platform addresses business challenges such as legacy system limitations, fragmented user journeys, and the need for unified digital banking solutions. By supporting automation, personalization, and analytics, Backbase Engagement Banking Platform helps financial organizations deliver consistent and scalable services to retail, business, and wealth management customers.

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Logo of NetOxygen LOS

NetOxygen LOS

By Wipro

4
(6 Ratings)

NetOxygen LOS is a loan origination software designed to automate and streamline the lending process for financial institutions. The software provides tools for managing the end-to-end loan lifecycle, including application intake, processing, underwriting, closing, and post-close activities. It supports various loan products and integrates with third-party services to facilitate compliance, document management, and credit analysis. By centralizing loan data and workflow automation, the software aims to reduce manual effort, minimize processing errors, and improve regulatory adherence. NetOxygen LOS addresses the business need for efficient loan processing, enhanced operational transparency, and improved decision-making within lending environments.

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Logo of TurnKey Lender

TurnKey Lender

By TurnKey Lender

4.7
(6 Ratings)

TurnKey Lender is a software designed to automate and manage the full loan lifecycle for lenders and financial institutions. The software provides features that cover loan origination, risk assessment, underwriting, decision automation, servicing, collection and reporting. It includes tools for borrower onboarding, credit scoring, document management and compliance monitoring. TurnKey Lender supports various loan types and can be customized for different lending business models. It aims to streamline workflows, enhance risk management and improve operational efficiency by integrating data sources and digitalizing lending processes. The software also offers analytics and reporting to help organizations monitor portfolio performance and ensure regulatory adherence.

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Logo of FinnOne Neo Corporate Lending

FinnOne Neo Corporate Lending

By Nucleus Software

4
(3 Ratings)

FinnOne Neo Corporate Lending is a software that provides digital lending solutions for businesses. It enables financial institutions to manage corporate loan origination, appraisal, approval, disbursal, and servicing processes electronically. The software supports complex products and loan structures, automates credit assessment, and facilitates compliance with regulatory requirements. With features such as workflow management, document tracking, and reporting, the software aims to streamline lending operations and improve risk evaluation. It addresses challenges faced in manual processing and offers capabilities to enhance transparency and operational efficiency in managing corporate loan portfolios.

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Logo of Loan IQ

Loan IQ

By Finastra

3.3
(3 Ratings)

Loan IQ is a software designed for loan management and processing, primarily used by financial institutions to automate and streamline complex lending operations. The software supports the end-to-end lifecycle of syndicated and bilateral lending, offering functionalities for deal structuring, servicing, tracking, and compliance. It provides tools for risk management, workflow automation, document generation, and reporting, helping institutions address challenges such as regulatory requirements, operational efficiency, and data accuracy within loan administration. Loan IQ facilitates integration with other financial systems, enabling centralized management of loan data and processes to improve consistency and reduce manual intervention.

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Logo of Finflux

Finflux

By M2P (Finflux)

4
(2 Ratings)

Finflux is a software designed for financial institutions to manage lending operations and digitize workflows. The software provides modules for loan origination, loan management, customer onboarding, collections, and analytics. It enables institutions to streamline processes such as underwriting, disbursement, repayment tracking, and reporting. Finflux addresses business challenges related to reducing manual tasks, improving operational efficiency, maintaining compliance, and enhancing data accuracy in lending processes. The software aims to support various loan products and adapts to different business models in the financial services sector.

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Logo of FinStack

FinStack

By FinStack

5
(2 Ratings)

FinStack is a software designed to provide businesses with financial management and automation capabilities. The software offers features that support expense tracking, invoice processing, and reconciliation of transactions. FinStack helps organizations manage accounts payable and receivable, monitor budgets, and generate financial reports to enhance visibility into cash flow. The platform integrates with various banking systems and enterprise resource planning solutions, enabling seamless data exchange. By automating routine financial tasks, FinStack aims to reduce manual errors and streamline workflow efficiencies in finance departments. This software addresses the challenge of handling complex financial operations and supports decision-making through real-time analytics and reporting.

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Logo of LoanCatcher

LoanCatcher

By ICE Mortgage Technology (Black Knight)

4
(2 Ratings)

LoanCatcher is a software designed to assist mortgage brokers with loan origination workflows. The software provides tools for managing loan applications, tracking progress, and automating document collection processes. LoanCatcher enables users to access point-of-sale features, supports integration with third-party applications, and provides compliance tools to help streamline lending operations. By offering real-time status updates and centralizing client information, the software aims to reduce manual tasks and facilitate efficient processing of residential mortgage loans. LoanCatcher addresses the need for brokers to effectively organize, monitor, and complete loan transactions within regulatory frameworks.

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Logo of LendingPad

LendingPad

By lendingpad

5
(1 Rating)

LendingPad is a cloud-based loan origination software designed to support mortgage brokers, lenders, banks, and credit unions in managing the loan process from origination through closing. The software offers tools for processing, underwriting, document management, and compliance tracking, facilitating collaboration among stakeholders involved in mortgage transactions. LendingPad automates workflows, integrates with third-party services for credit, pricing, and compliance, and provides real-time visibility into the loan pipeline. It assists organizations in streamlining their mortgage operations by centralizing data, supporting regulatory requirements, and enhancing efficiency in loan processing and communication among team members.

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Logo of Newgen Digital Loan Origination System

Newgen Digital Loan Origination System

By Newgen

5
(1 Rating)

Newgen Loan Origination Software, built on AI-first low-code platform, provides an end-to-end lending ecosystem that accelerates every stage of the loan lifecycle. The platform connects customer onboarding, documentation, credit assessment, underwriting, decisioning, servicing, and collections on a unified platform.

The AI/ML automates income analysis, fraud checks, spreading, document classification, and portfolio insights, enabling faster, more accurate credit decisions. Built for retail, SME, commercial, CRE, C&I, and SBA loans, it adapts to complex policies, changing regulations, and multi-entity workflows. With AI-driven insights, workflow intelligence, and omnichannel orchestration, financial institutions can launch new products in minutes, scale securely, and deliver lending that is faster, smarter, and experience-led.

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Logo of OneFin Loan Management System

OneFin Loan Management System

By OneFin

5
(1 Rating)

OneFin Loan Management System is a software designed to streamline and automate the management of loans for financial institutions and lenders. The software facilitates the entire loan lifecycle, including origination, disbursement, repayment tracking, compliance, and closure. It provides configurable workflows, document management, and credit assessment tools to support lending operations. The software offers integration capabilities with external payment gateways and core banking systems to support seamless transactions and reconciliation. OneFin Loan Management System aids businesses in maintaining accurate loan portfolios, reducing manual errors, and ensuring regulatory adherence, thereby enhancing operational efficiency in the administration of lending products.

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Logo of SAP Fioneer Banking Platform

SAP Fioneer Banking Platform

By SAP Fioneer

2
(1 Rating)
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Logo of Tietoevry Corporate Lending

Tietoevry Corporate Lending

By Tietoevry

3
(1 Rating)

Tietoevry Corporate Lending is a software designed to streamline the lifecycle management of corporate loans for financial institutions. The software supports the automation of origination, credit processing, agreement management, and servicing of loans. It enables institutions to manage risk and compliance by providing features for monitoring credit exposure and enforcing regulatory requirements. The software integrates with core banking systems and delivers capabilities for reporting and analytics, supporting both bilateral and syndicated loan structures. It helps businesses reduce operational complexity and improve accuracy in corporate lending processes by facilitating workflows, documentation, and communication across internal users and external stakeholders.

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Logo of AFSVision

AFSVision

By AFS

AFSVision is a software designed to support financial institutions in managing commercial lending and loan workflow processes. The software offers capabilities including portfolio management, risk mitigation, loan servicing, and compliance tracking. It helps organizations streamline operations related to loan origination, credit approval, documentation, disbursement, and servicing. AFSVision integrates operational workflows across commercial lending activities and aims to address challenges such as managing complex loan portfolios, meeting regulatory requirements, and maintaining data consistency across lending systems. The software can be configured to support various credit products and enables real time reporting and data access to assist in decision making and operational efficiency.

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Logo of AllCloud Loan management system

AllCloud Loan management system

By AllCloud Enterprise Solutions

AllCloud Loan Management System is a software designed to automate and manage the complete loan lifecycle for financial institutions and lending organizations. The software supports processes such as loan origination, disbursement, servicing, and repayment. It offers modules for customer onboarding, credit assessment, document management, payment scheduling, and compliance tracking. The software provides tools for risk analysis, reporting, and account management, aiming to streamline operations and enhance process efficiency. By centralizing loan-related data and automating routine workflows, it assists businesses in reducing manual errors and improving operational transparency.

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Logo of Altkom Digital Banking Platform

Altkom Digital Banking Platform

By Altkom Software

Altkom Digital Banking Platform is a software developed to support financial institutions in managing digital banking operations. The software enables automation and oversight of banking processes, including customer onboarding, account management, transaction processing, loan management, and payment operations. It provides modules for regulatory compliance, risk assessment, and reporting. The software includes features for digital channel integration, facilitating access across web and mobile interfaces. Through configurable workflows and user management, the software aims to enhance operational efficiency and maintain secure customer interactions. The software addresses the need for streamlined management of retail and corporate banking activities by offering tools to adapt to industry regulations and market demands.

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Logo of Arttha

Arttha

By PureSoftware

Arttha is a software developed by PureSoftware that provides digital banking and financial solutions for businesses seeking to modernize banking, payments, lending, and merchant management operations. The software offers multi-channel capabilities for financial services including mobile banking, core banking, wallet solutions, and payment processing. It supports integration with existing banking infrastructure, automates key financial workflows, and facilitates digital onboarding of customers. Arttha allows financial institutions and fintech enterprises to manage customer accounts, transaction processing, regulatory compliance, and reporting requirements within a unified platform. This software addresses the need for enhanced operational efficiency and flexibility in delivering digital financial services.

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Logo of Axe Credit Portal (ACP)

Axe Credit Portal (ACP)

By axefinance

Axe Credit Portal is a software developed for the management and automation of credit processes within financial institutions. The software offers features that support credit origination, risk analysis, workflow automation, and document management. It provides tools for application processing, scoring, decision-making, and monitoring throughout the credit lifecycle. Designed to meet regulatory requirements and operational needs, Axe Credit Portal enables users to streamline lending operations, reduce manual intervention, and minimize operational risks. The software addresses the business problem of processing and monitoring credit applications efficiently by offering an integrated platform for handling various aspects of credit management from initial request to disbursement and ongoing monitoring.

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Logo of Biz2X

Biz2X

By Biz2X

Biz2X is a loan origination platform that equips your financial institution with flexible cloud technology to automate and modernize their lending operations. Biz2X delivers a configurable, low-code solution that adapts to each institution’s unique credit policies and workflows. The platform enables banks to increase productivity, improve the borrower experience, and scale their lending programs efficiently.

We enable banks to do more with less – faster loan decisions, better borrower experiences, and strong credit assessment.

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Logo of BusinessBANKER

BusinessBANKER

By Cognitive Group

BusinessBANKER is a cloud-based Commercial Loan Origination System designed for easy integration into existing Core banking, CRM, and ERP systems of Banks, Credit Unions and Private Lenders.

BusinessBANKER's capabilities include document management, collateral tracking, risk scoring, compliance, and workflow automation.

Available Modules:

-Digital Interface Manager

-Risk Model Manager

-Decision Engine

-Workflow Manager

-Configurator

-Self-Serve and in-branch web and mobile portals

-Artificial Intelligence module for data analysis

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Gartner Research

Market Guide for Commercial Loan Origination Solutions

Popular Product Comparisons

Loan IQ vs NetOxygen LOSLoan IQ vs Newgen Digital Loan Origination SystemBackbase Engagement Banking Platform vs Loan IQBackbase Engagement Banking Platform vs NetOxygen LOSFinflux vs Loan IQLoan IQ vs TurnKey LenderFinflux vs FinnOne Neo Corporate LendingNetOxygen LOS vs Newgen Digital Loan Origination System

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

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