Turnkey Lender

Turnkey Lender

4.5 / 5 9 reviews

Who Uses This Software?

Software ideal for: online lenders; payday loans/cash advance; microfinance institutions, credit unions; small and mid-size banks; lending to click-and-click SMEs.

Average Ratings

9 reviews
  • 4.5 / 5
  • 4.5 / 5
    Ease of Use
  • 4.5 / 5
    Customer Service
  • 4 / 5
  • 3.5 / 5
    Value for Money

Product Details

  • Starting Price
  • Free Version
  • Deployment
    Installed - Mac
  • Training
    In Person
    Live Online
  • Support
    24/7 (Live Rep)

Vendor Details

  • Turnkey Lender
  • http://turnkey-lender.com/
  • Founded 2013

About This Software

Turnkey Lender is a cloud system for evaluating borrowers, decision-making support and online-lending process automation.
Pay per use and only for functionality that you need to work within your budget and ensure your company enjoys the fastest ROI in the industry!
Covers all stages of entire lending lifecycle including borrower management: from loan origination to debt collection. Incorporates best practices from experience serving online lenders and banks.

  • ACH Payment Processing
  • AIMR Compliance
  • ATM Management
  • Accounting Management
  • Amortization Schedule
  • Application Management
  • Asset Management
  • Audit Trail
  • Auto Loans
  • Automatic Funds Distribution
  • BSA Compliance
  • Brokerage
  • Business Loans
  • Business Process Control
  • CBOT
  • Capital Optimization
  • Client Database
  • Closing Documents
  • Collateral Tracking
  • Collections Management
  • Commercial Mortgages
  • Complex Debt Structures
  • Compliance Management
  • Construction Loans
  • Consumer Loans
  • Contact Management
  • Controls Audit
  • Core Banking
  • Corporate Banking
  • Counterparty Risks
  • Credit Card Management
  • Credit Reporting
  • Credit Risk Management
  • Credit Union
  • Customer Database
  • Customer Statements
  • Dashboard
  • Debt Valuation
  • Derivative Valuation
  • Digital Signature
  • Direct Mail Management
  • Document Management
  • Electronic Applications
  • Email Marketing
  • Enterprise Risk Management
  • Escrow Management
  • Exposure Management
  • FACTA Red Flags
  • Fee Management
  • Financial Risk Reporting
  • Flyer Printing
  • For Borrowers
  • For Hedge Funds
  • Foreign Exchange Risks
  • Fraud Detection
  • GLBA Management
  • Government Loans
  • HUD Settlement Statements
  • Hierarchy Control
  • Income & Balance Sheet
  • Integrated Vendor Services
  • Interest Rate Risks
  • Investment Banking
  • Investor Management
  • LME
  • Lead Management
  • Lender Search
  • Lending Management
  • Limit Control
  • Liquidity Analysis
  • Liquidity Risks
  • Loan Consolidation
  • Loan Level Pricing
  • Loan Origination
  • Loan Portfolio Management
  • Loan Processing
  • Loan Searching
  • Loan Servicing
  • Loan Submission Control
  • Market Risk Management
  • Marketing Management
  • Modified Dietz Analysis
  • Mortgages
  • Multi-Branch
  • Multi-Company
  • OTC
  • Offshore Management
  • Online Application
  • Online Banking
  • Operational Risk Management
  • Outsource Processing
  • Payment Tracking
  • Performance Metrics
  • Performance: Cash / No Cash
  • Performance: Time Period
  • Pipeline Management
  • Portfolio Correlation Analysis
  • Portfolio Management
  • Portfolio Modeling
  • Pre-Qualification
  • Pricing Management
  • Private Banking
  • Promissory Notes
  • Property Tax Management
  • Rate of Return Analysis
  • Refinance Management
  • Residential Mortgages
  • Retail Banking
  • Risk Analytics Benchmarks
  • Risk Management
  • Scenario Planning
  • Securities Management
  • Stress Tests
  • Student Loans
  • Teller Operations
  • Third Party Loan Origination
  • Trade Tracking
  • Transaction Monitoring
  • Trend Analysis
  • Value At Risk Calculation
  • Vendor Management
  • Visual Presentation

Turnkey Lender Latest Reviews

Automatically translated. Show original review

A fairly simple but powerful software in finance

4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money

Comments: practicality, effectiveness and performance to administer loans in a faster and more versatile fashion

Pros: It is a very versatile tool, easy and practical to use, our clients have inclined to make it a fundamental part in their administrative environment in view of the fact that the flow processes of origin, loan and payment can be monitored in a well-disaggregated manner. its relation of cost by investment is quite low compared to other applications since it does not generate large impacts of application to a medium company or to a personal level if it is worked directly with loans, advances and short term promissory notes. it is possible to have multiple users, in which each one can manage their functions separately and without invading the privacy or administration level of the current assets, it is important to recognize that to create such a complete software, the corresponding studies on the matenan and It is a very important point to highlight, which speaks very well of an application with a tendency to evolve.

Cons: It only needs an improvement to be able to carry out credit lines online, which would make the client-supplier personal time and interaction more manageable.

Automatically translated. Show original review

Excellent experience since project inception with super-fast responses every step of the way.

4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Comments: Cost effective software, good support and ease of transaction for users.

Pros: Its very simple to use and very easy to follow the screen prompts. In our case, we are offering investors the possibilty to invest in consumer loans in Africa. The system splits the users into 3 user categories and does not confuse each user with tons of functionality which in the end confuses them and does not necessarily add much . We wanted a simple and straight forward system and that is what we got especially since our requirements were slightly fuzzy to begin with. So not giving you too much too early made our job a lot easier. To add to the pros of the software is that the team behind it really know their stuff so you dont waste time in system specs being implemented incorrectly. The other pro is the the manner in which faults are tracked and solved. Its a clear tracking system which makes your job a lot easier.

Cons: The software does not have a lot of reporting functionality or at least does not come with it as a menu item but must be paid for additionally.
That was our only issue which we will address with asking for that as an extra. However given the overall cost effectiveness of the product, this is more than compensated.