sageworks loan decisioning

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What bottlenecks are holding back your lending team? Make Faster and More Profitable Loans

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Post on 15-Apr-2017

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What bottlenecks are holding back your lending team?

Make Faster and More Profitable Loans

Make Faster and More Profitable Loans

“Our CreditAnalysts areswamped”

If, at your current loan volume, credit analysts’ time is precious, you need a streamlined way to analyze loans.

With Sageworks, set up your institution’s templates so analysts (and even lenders) enter only the data they need and get an accurate loan decision.

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Make Faster and More Profitable Loans

“Documentation looks different loan to loan”

For large loans, you may have dedicated software. But for smaller loans, maybe it’s just a templated spreadsheet, subject to version control or modification.

Get the same documentation, loan after loan for consistent & defensible decisioning with Sageworks.

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Make Faster and More Profitable Loans

“SMB loans are low-margin but require the same resources”

If your institution foregoes SMB loans, you may risk losing the entire banking relationship with small business customers. But if the cost to originate a $100K loan is the same as a $1M loan, how can your institution profitably grow SMB?

For smaller loans, try Sageworks to reduce origination costs.

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Make Faster and More Profitable Loans

“We use a hodge-podge of software and spreadsheets”

Disparate data sources make portfolio reporting difficult and increase the risk of inconsistent, less defensible decisions.

By moving to a single platform to analyze all your business loans, your institution cuts vendor due diligence costs & improves report-ability.

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Make Faster and More Profitable Loans

“Our borrowers expect faster turnarounds”

With alternative lending options available to your borrowers, your institution has to keep pace with the expectations set by other providers.

As part of a comprehensive Lending Solution, Sageworks Loan Decisioning can help you make decisions faster & meet customer needs.

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Introducing Sageworks Loan Decisioning

How We Can Help

Make Faster and More Profitable Loans

How It Works

The bank defines templates for what data is required

Lenders enter only the necessary data

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Sageworks Loan Decisioning produces a full summary

Recommendations are based on the institution’s own rules for approval, denial or further review

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Make Faster and More Profitable Loans

“Before we had Sageworks, our loan officers did things slightly differently. Sageworks has helped us be much more consistent in our process and it gives us key information in an easy-to-read format.”

Matt Warchol Assistant Vice President Bank of O’Fallon

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Make Faster and More Profitable Loans

Why Sageworks?

Make faster loan decisions

Increase consistency

Free up credit analysts

Seamlessly pull in data from your core and credit bureaus

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Learn more at web.sageworks.com/loan-decisioning/

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