TurnKey Lender FAQs
Who is TurnKey Lender best for - their role(s) within what kind of companies.
TurnKey Lender offers multiple solutions for various types of lending operations: from smaller alternative lenders and online retailers to large-scale banks and credit unions. The company provides a scalable infrastructure which is tailored to each operations automation needs. The key decision-makers that will appreciate TurnKey Lender's solutions are heads of digital, CTOs, CEOs, heads of credit and other officers in charge of lending automation.
How does TurnKey Lender benefit them?
- All-in-one functionality enables smooth integrated authomation
- Flexibility of the solution allows us to meet the specific needs of every operation
- All the necessary integrations come built-in out-of-the-box
- Software packages tailored to the needs of different lending businesses (factoring, retail, traditional, alternative, medical, auto, etc)
- Improved credit decisioning accuracy due to an adjustable AI-powered scorecard within a proprietary decisioning engine
- Easier regulatory compliance thanks to advanced customizable reporting
- The system is GDPR compliant out-of-the-box
- 24/7 support ready to assist with any lending automation challenge
- Development, analysis, and design teams with deep lending expertise at your disposalHow technical do users need to be to use TurnKey Lender's software?
TurnKey Lender's solutions are built with the most advanced tech available on the market. At the same time, the team made sure that the system has little to no learning curve. According to the customers, the system is extremely intuitive, intelligent, and easy-to-use both for the lending officers and their clients.
What makes TurnKey Lender a leader in this space?
The experienced team behind TurnKey Lender is trusted by commercial, government, and non-profit institutions around the globe (40+ countries and counting).
Advanced AI-driven automation of credit decisioning and customizable business flows are the keys to TurnKey Lender's domination of the lending automation space.
The solution is affordable, intuitive, intelligent, and includes all the functionality one may need out-of-the-box.
It's the first LaaS (lending as a service) solution to put bank-grade functionality and capabilities on the commodity cloud. We embrace the most advanced technologies and make them accessible to our customers. This, in turn, gives them a major advantage in their marketplace.Who are TurnKey Lender's biggest competitors (3-5 companies)?
- Cloud Lending Inc
- nCino
- MambuHow/why is TurnKey Lender better than those competitors (or most others in their market)? What about TurnKey Lender is unique, stronger, easier, etc.?
TurnKey Lender lowers the lending space entry barrier and makes it possible for pretty much anyone to launch a fully-fledged lending solution within days.
Compared to any and all other lending automation solutions, ours are:
- more intelligent
- more reliable
- more scalable
- more affordable
- easier to customize
- faster to deploy
- include more functionality out-of-the-box
- easier to integrate with all the necessary third-party products and servicesWhat kind of features can customers expect TurnKey Lender to release in the near future? And longer term?
TurnKey Lender already automates every step of the lending process, from credit decisioning and origination to underwriting and servicing, to collection and reporting. The specific features the company is going to release in the nearest future are not disclosed. But overall, the company plans to add even more integrations, handy functions, upgrade all of the modules, improve cybersecurity, the scale of automation, and intelligence of the software.
Which popular or common software does TurnKey Lender integrate with?
The most common TurnKey Lender integrations include but aren't limited to:
Payment providers: AIB payment provider, Authorize.NET, EasyPay/Tyme/CityPay, PayEasy via Bank of America, Payliance, Paymaxx PRO, Payment Data Systems, PayPal, PayWay, Payzen, Rotessa, SynapsePay, TD, VersaPay, WayForPay, Xendit, Dotpay Payments processor.
Credit bureaus: Clarity, CreditSafe, Equifax, Experian, FactorTrust, Lexis Nexis, Pefindo, PKB, TransUnion, UBKI, Deltavista/Crif, Kbig, BIK, Infomonitor, KRD, Eucb, Erif, CRIF, ZEK, KREMO (KREditfähigkeitsMOdul).
SMS: BulkSMS, Lleida.net, Onewaysms.co.id, SMSC.KZ, TurboSMS.
Email: ActiveCampagin, Mandrill / mailchimp, Gmail, SendGrid.
Postcode search: Turnkey Lender post-code look-up, Postcode Anywhere.
Validations: CRN Check, ID Matrix, Post-code search - Eircode, Phone Validator.
Collection agency: Adarve.
Match-code/Image forgery: Big data.
Scoring system: Id3Global, Lenddo
Bank account validation: Proviso BankStatements, Instantor, Plaid.
Lead Provider / CPA: LeadEnvy, Prime lead, Sales doubler.
CRM: Salesforce
Accounting: QuickBooks, Xero, Abacus.
Insurance: AXA.
General: Export to MS Excel, Google AnalyticsSoftware pricing can often be complex. If it's pretty straightforward, list tiers, pricing (per year, seat, etc) and limits for TurnKey Lender. If it's not simple, use broad estimates or ranges for typical setups.
The exact pricing of the TurnKey Lender solution depends on each client's specific business model, modules they will require, and the extent of customization they'll request.
Feel free to reach out for a free trial and/or demo, and the team will be happy to provide you with a specific quote.Does TurnKey Lender offer a trial or free download available?
TurnKey Lender offers a free trial and demos of the solution for potential clients.
Does TurnKey Lender offer any kind of training/education for their product?
TurnKey Lender offers a rich knowledge base with tutorials devoted to the more common and specific settings of the solution. At the same time, TurnKey Lender team provides online and on-sight onboarding for the customer's staff to make sure they use the system to the fullest.
Describe the implementation process and timeline for TurnKey Lender software.
Depending on the complexity of the required solution's customization, time-to-market can be from one business day (for the boxed solution) to several months for a deeply customized Enterprise solution.
What are the TurnKey Lender support options? List all.
TurnKey Lender offers 24/7 support for its customers. The support staff consists of highly trained specialists capable of resolving even the more complex technical challenges.
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