What is TurnKey Lender?
TurnKey Lender is an intelligent end-to-end platform that automates the whole lending process. The company was founded back in 2014 and since then managed to make a leap from being a startup to becoming a recognized technological leader among the lending automation software platforms. The reason for this is that TurnKey Lender is the first company ever to put bank-grade software on a commodity cloud, making the technology accessible, affordable, easy to use and to deploy. Another thing which makes TurnKey Lender stand out among competition is the meaningful use of self-learning Artificial Intelligence and big data for risk management and credit decisioning as well as the all-in-one modular nature of the system. The platform has built-in functionality to automate loan origination, underwriting, collateral management, borrower evaluation, risk management, debt collection, loan servicing, reporting, supervision, and regulatory compliance to the highest possible extent. This frees up time and resources for lenders to focus on business development and marketing. The venture types who will benefit most from implementing include alternative, SME, peer-to-peer, and direct lenders, auto financing, mortgage, community banks, and credit unions.
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