I am often asked by my clients and partners how to effectively implement a Commercial Loan Servicing software in a financial organization. Therefore, I decided to write this article and talk about the advantages of the loan servicing solution and outline the roadmap of its implementation.
It’s quite an easy task to get a commercial loan today. Due to the development of FinTech, gone are the days when customers had to fill out loan applications on paper and get them to a banking branch over and over. The appearance of commercial lending software and digital lending transformation is smoothly and easily ending up brick-and-mortar commercial lending.
