Introduction

For organizations around the globe, time-consuming processes, and multiple levels of approval have made the loan process, highly complex and inefficient for customers. In today's transforming financial landscape, banks and financial institutes are looking for a modern technology that can make the process of loan management system simple. Loan Processing System can replace manual steps for applying for loans with automated decision rules, transforming paper into digital format.

What is iLoanZ?

iLoanZ is an AI-based end to end loan application and origination System built on a flexible, yet robust approval workflow platform which is designed to shorten the time required for product deployment. iLoanZ's mobile-responsive, web-based nature makes it accessible from all kinds of devices, and the platform can be showcased even from a generic smartphone, making it ideal for on-demand demos and roadshows! iLoanZ supports end-to-end, straight-through processing, with multi-aspect features that cover everything from data input, pre-screening, credit-scoring, approval process, documentation, acceptance to account creation, disbursement, Agent tracking, On-device Video conferencing. AI-based systems accelerate all stages of the loan cycle. gives banks the ability to quickly evaluate and identify applications that meet the bank’s lending criteria, underwrite confidently, notify the borrower, and fund the loan.

Advantages of iLoanZ:

  • Better Loan Processes and Results
  • Improved Speed to Completion
  • Better Tracking and Transparency
  • Scalability and Growth

Right from the get-go, we wanted to make a complete Loan application system that is all-encompassing and end to end. Impacto iLoanZ is built with our passion to disrupt tradition and bring a paradigm shift from analog to digital. We wanted to ensure that We just not make an origination software that stops at the approval stage, where the bank officer must print out the application to be signed and approved by the bank manager. Or the fact that there is a physical application form that the bank officer must manually key into the system. We believe that the whole origination process must be done end-to-end, digitally, or as we call it straight-through processing or ST. Our deep passion to achieve this resulted in iLoanZ. A shift from analog to digital lets you:

  • Provide a better user experience to improve the speed and accuracy of loan applications
  • Process a larger number of loan applications with existing resources
  • Eliminate sources of human error for faster, better-quality evaluation decisions
  • Establish predictable, repeatable, and auditable processes that support compliance
  • Reduce delays and costs associated with paper processes
  • Analyze process and loan performance to continually improve efficiency and profitability