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Average Ratings 0 Ratings
Description
                    It is gone the days when you had to work with multiple financial solutions and patch together outdated, clunky offerings, while focusing on customer needs. Now you can confidently and securely ensure that more customers have better, more personal experiences, no matter where they are located. Our many consumer products have been integrated into one powerful platform for account opening and consumer lending. This has made digital lending easy. MeridianLink Consumer, formerly LoansPQ®, was the industry's most popular loan origination system. It offers a complete loan product suite for banks and credit unions. MeridianLink Consumer is a single loan origination platform that consolidates and streamlines all applications. It also applies the same rules and processes to ensure a smooth process for credit union staff and a great consumer experience for customers and members.
                
            
        
            Description
                    The challenges posed by bad debts are more pronounced for SME loans compared to other retail financing options. To tackle these issues, it is essential to leverage skilled resources effectively, and no organization does this better than Scorto. There is a pressing need to lower operational costs associated with SME loans while simultaneously enhancing operational efficiency. In light of the intense competition within the SME market, it is crucial to continually refine credit strategies and accurately measure performance. A thorough financial analysis of potential borrowers' businesses is necessary, along with the automation of the SME loan application process. Implementing risk-based pricing is vital, as is conducting comprehensive credit risk assessments throughout the entire loan lifecycle. Companies must also focus on scoring, rating, and segmenting their clients. Additionally, evaluating payment dynamics and assessing credit risk involves estimating crucial parameters such as Probability of Default (PD), Exposure at Default (EAD), and Loss Given Default (LGD), which are necessary for calculating Risk-Weighted Assets (RWA) as per Basel II guidelines. Furthermore, tools for supporting Cross-Sell and Up-Sell decisions should be integrated, along with effective Business Rules and Process Management for SME lending. Regularly automated re-evaluation of default risk and key financial ratios is essential for an accurate analysis of SMEs. This comprehensive approach not only mitigates risk but also fosters growth and stability in the SME lending landscape.
                
            
        
            API Access
            
                Has API
            
            
        
        
    
                API Access
            
                Has API
            
            
        
        
    
                Screenshots View All
No images available
    
Integrations
            
                
    MeridianLink Access
            
            
        
        
    
        
        
            
                
    MeridianLink Collect
            
            
        
        
    
        
        
            
                
    MeridianLink Data Connect
            
            
        
        
    
        
        
            
                
    MeridianLink Engage
            
            
        
        
    
        
        
            
                
    MeridianLink Insight
            
            
        
        
    
        
        
            
                
    MeridianLink Mortgage
            
            
        
        
    
        
        
            
                
    MeridianLink One
            
            
        
        
    
                
            Integrations
            
                
    MeridianLink Access
            
            
        
        
    
        
        
            
                
    MeridianLink Collect
            
            
        
        
    
        
        
            
                
    MeridianLink Data Connect
            
            
        
        
    
        
        
            
                
    MeridianLink Engage
            
            
        
        
    
        
        
            
                
    MeridianLink Insight
            
            
        
        
    
        
        
            
                
    MeridianLink Mortgage
            
            
        
        
    
        
        
            
                
    MeridianLink One
            
            
        
        
    
                
            Pricing Details
        No price information available.
        
        
    
    
    
        
        
            
                Free Trial
            
            
        
        
    
        
        
            
                Free Version
            
            
        
        
    
            Pricing Details
        No price information available.
        
        
    
    
    
        
        
            
                Free Trial
            
            
        
        
    
        
        
            
                Free Version
            
            
        
        
    
            Deployment
            
                Web-Based
            
            
        
        
    
        
        
            
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                Deployment
            
                Web-Based
            
            
        
        
    
        
        
            
                On-Premises
            
            
        
        
    
        
        
            
                iPhone App
            
            
        
        
    
        
        
            
                iPad App
            
            
        
        
    
        
        
            
                Android App
            
            
        
        
    
        
        
            
                Windows
            
            
        
        
    
        
        
            
                Mac
            
            
        
        
    
        
        
            
                Linux
            
            
        
        
    
        
        
            
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                Customer Support
            
                Business Hours
            
            
        
        
    
        
        
            
                Live Rep (24/7)
            
            
        
        
    
        
        
            
                Online Support
            
            
        
        
    
                Customer Support
            
                Business Hours
            
            
        
        
    
        
        
            
                Live Rep (24/7)
            
            
        
        
    
        
        
            
                Online Support
            
            
        
        
    
                Types of Training
            
                Training Docs
            
            
        
        
    
        
        
            
                Webinars
            
            
        
        
    
        
        
            
                Live Training (Online)
            
            
        
        
    
        
        
            
                In Person
            
            
        
        
    
                Types of Training
            
                Training Docs
            
            
        
        
    
        
        
            
                Webinars
            
            
        
        
    
        
        
            
                Live Training (Online)
            
            
        
        
    
        
        
            
                In Person
            
            
        
        
    
                Vendor Details
Company Name
MeridianLink
Founded
1998
Country
United States
Website
www.meridianlink.com/products/consumer-lending-software/
Vendor Details
Company Name
Scorto
Founded
2001
Country
United States
Website
scorto.com/loan-manager-sme/
Product Features
Loan Origination
                                        Amortization Schedule
                                        
                                    
                                    
                                    
                                        Audit Trail
                                        
                                    
                                    
                                    
                                        Closing Documents
                                        
                                    
                                    
                                    
                                        Compliance Management
                                        
                                    
                                    
                                    
                                        Customer Database
                                        
                                    
                                    
                                    
                                        Digital Signature
                                        
                                    
                                    
                                    
                                        Document Management
                                        
                                    
                                    
                                    
                                        Fee Management
                                        
                                    
                                    
                                    
                                        Loan Processing
                                        
                                    
                                    
                                    
                                        Online Application
                                        
                                    
                            
                        Loan Servicing
                                        Accounting Management
                                        
                                    
                                    
                                    
                                        Amortization Schedule
                                        
                                    
                                    
                                    
                                        Application Management
                                        
                                    
                                    
                                    
                                        Auto Loans
                                        
                                    
                                    
                                    
                                        Automatic Funds Distribution
                                        
                                    
                                    
                                    
                                        Business Loans
                                        
                                    
                                    
                                    
                                        Collateral Tracking
                                        
                                    
                                    
                                    
                                        Collections Management
                                        
                                    
                                    
                                    
                                        Compliance Management
                                        
                                    
                                    
                                    
                                        Construction Loans
                                        
                                    
                                    
                                    
                                        Customer Database
                                        
                                    
                                    
                                    
                                        Fee Management
                                        
                                    
                                    
                                    
                                        Investor Management
                                        
                                    
                                    
                                    
                                        Loan Processing
                                        
                                    
                                    
                                    
                                        Student Loans
                                        
                                    
                            
                        Product Features
Commercial Loan
                                        Asset Management
                                        
                                    
                                    
                                    
                                        Audit Trail
                                        
                                    
                                    
                                    
                                        Complex Debt Structures
                                        
                                    
                                    
                                    
                                        Dashboard
                                        
                                    
                                    
                                    
                                        Document Management
                                        
                                    
                                    
                                    
                                        Exposure Management
                                        
                                    
                                    
                                    
                                        Lead Management
                                        
                                    
                                    
                                    
                                        Pipeline Management
                                        
                                    
                                    
                                    
                                        Risk Management
                                        
                                    
                                    
                                    
                                        Trend Analysis
                                        
                                    
                            
                        Loan Servicing
                                        Accounting Management
                                        
                                    
                                    
                                    
                                        Amortization Schedule
                                        
                                    
                                    
                                    
                                        Application Management
                                        
                                    
                                    
                                    
                                        Auto Loans
                                        
                                    
                                    
                                    
                                        Automatic Funds Distribution
                                        
                                    
                                    
                                    
                                        Business Loans
                                        
                                    
                                    
                                    
                                        Collateral Tracking
                                        
                                    
                                    
                                    
                                        Collections Management
                                        
                                    
                                    
                                    
                                        Compliance Management
                                        
                                    
                                    
                                    
                                        Construction Loans
                                        
                                    
                                    
                                    
                                        Customer Database
                                        
                                    
                                    
                                    
                                        Fee Management
                                        
                                    
                                    
                                    
                                        Investor Management
                                        
                                    
                                    
                                    
                                        Loan Processing
                                        
                                    
                                    
                                    
                                        Student Loans