The Success Story of Evergreen Capital: Putting LendFusion® to Practice
Evergreen Capital, a business loan provider, has implemented LendFusion II and has already seen proven results from the implementation. Here is their success story.
Evergreen Capital is a solid loan provider, primarily providing financial services for SME businesses in different fields. Although the company was established years ago, management of loans was still mainly performed in Excel and manually. As the company grew bigger, the need for automated software became more urgent. This is the reason why Evergreen was seeking a professional loan software, which would solve their increased administrative workload issues.
Although they considered different automated software providers, the software they finally decided to implement was LendFusion®, particularly LendFusion II beta, as they were offered the chance to be a test client for new advanced platform LendFusion® was developing at that particular time.
The LendFusion® implementation process included the following steps:
- Profound data import
- Integration with accounting software, credit scoring, SMS, Gmail etc
- Website integration with LendFusion® platform
As a result of the collaboration Evergreen has effectively deployed LendFusion® software and this will be the main tool for carrying out administrative work related to the decision-making process and client management from now on. LendFusion® benefited from the collaboration as Evergreen was the first client implementing the LendFusion® II improved version which proved its increased effectiveness compared to version I.
Kristjan Tolmats, CEO of Evergreen, noted: “These last few months we have used LendFusion II have already seen great results. The administrative work has decreased rapidly and we can now spend more time on work that brings in more customers and more sales. We are truly looking forward to implementing client self-service and some more new features they offer, through which we can provide a more convenient service to our clients.”
What is LendFusion?
LendFusion® is the ultimate loan management software for lenders. In autumn 2019, the new LendFusion II was released, which adds value and offers automation systems for private loan companies. LendFusion® is a hosted software platform that helps lenders to manage the smooth running and expansion of their business and take the chaos out of managing their lending portfolio. LendFusion® offers a scalable platform developed with a combination of innovative technology, strong experience and an imaginative approach to lending online. It is the easiest-to-use and most efficient platform currently available in Europe.