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LendAPI

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Company health

Web traffic
50% decrease in the last quarter

LendAPI description

LendAPI is a customizable digital platform designed for businesses to manage loan origination. Its tools allow you to design application workflows, manage documents, connect with third-party integrations, and customize pricing. LendAPI emphasizes a fast launch time and scalability, aiming to make digital loan processing efficient and adaptable for various financial products.

Who is LendAPI best for

LendAPI is a customizable digital lending platform ideal for businesses seeking to automate loan origination and processing. It offers tools to design application workflows, manage documents, and integrate with third-party systems. With a focus on fast launch times and scalability, LendAPI helps businesses efficiently manage various financial products.

  • LendAPI is best for businesses processing over 3,000 loan applications monthly.

  • LendAPI fits financial services companies needing streamlined loan origination.

LendAPI features

Supported

LendAPI offers a centralized dashboard for tracking loan application statuses and provides real-time updates.

Supported

LendAPI allows document uploads during the loan application process.

Supported

LendAPI allows creation of custom loan products through its Product Builder and Decision Engine.

Supported

LendAPI offers integrations with various business tools to enhance functionality and streamline workflows.

Supported

LendAPI uses AI and machine learning to automate loan assessments and decisions.

LendAPI pricing

See the LendAPI pricing page.

LAUNCH
$3,999/month

Includes Product Studio, Rules Studio, Pricing Engine, Application Dashboard for 3,000 completed applications.

CORE
$5,999/month

Everything from Launch plus 6,000 completed applications, APIs & Webhooks, Custom Variables, Custom Models.

SCALE
$8,999/month

Everything from Core plus 12,000 completed applications, Sub Tenant features, Decision Back Testing, Application & Decision A/B testing.

ENTERPRISE
Custom

Tailored solution, Dedicated Support, Priority Integrations.

LendAPI alternatives

  • Logo of CloudBankin
    CloudBankin
    Modern lending platform. Streamlines loans, from origination to servicing.
    Read more
  • Logo of LoanPro
    LoanPro
    Lending platform automating loans from application to collection.
    Read more
  • Logo of CompassWay
    CompassWay
    Automate your loans, from application to repayment. Simple, efficient lending.
    Read more
  • Logo of LendingPad
    LendingPad
    Modern mortgage loan origination software streamlining the entire lending process.
    Read more
  • Logo of Mortgage Automator
    Mortgage Automator
    Automates private lending, from origination to servicing, boosting efficiency.
    Read more
  • Logo of Floify
    Floify
    Streamlines mortgage workflows, automating communication and document collection.
    Read more

LendAPI FAQ

  • What is LendAPI and what does LendAPI do?

    LendAPI is a digital lending platform that streamlines loan origination through customizable workflows, document management, and third-party integrations. It offers AI-driven loan decisioning, a fast launch time, and scalability for various financial products, making it adaptable for different business needs.

  • How does LendAPI integrate with other tools?

    LendAPI integrates with various business tools through its APIs and webhooks, enhancing functionality and streamlining workflows. It connects with third-party systems to automate data exchange and improve the efficiency of loan origination processes. The platform's Core and Scale plans specifically include API and webhook integrations for advanced connectivity.

  • What the main competitors of LendAPI?

    Alternatives to LendAPI include CloudBankin, CompassWay, and CoreISSUE. These competitors offer similar loan origination and management features, catering to various financial institutions and businesses. Other options like Taktile and Addy AI focus on specific lending processes and automation.

  • Is LendAPI legit?

    LendAPI appears to be a legitimate platform offering loan origination software. It emphasizes fast launch times and scalability. However, there is limited information available regarding user reviews and company size fit. Consider researching alternative loan origination software for comparison before committing.

  • How much does LendAPI cost?

    LendAPI pricing starts at $3,999/month for the Launch plan (3,000 applications). The Core plan is $5,999/month (6,000 applications), and the Scale plan is $8,999/month (12,000 applications). Enterprise pricing is available upon request for custom solutions. There is no free trial or free plan.

  • Is LendAPI customer service good?

    There is no information available about LendAPI's customer service.

Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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