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Frequently Asked Questions

What is LendFusion?

LendFusion is a cloud-based loan management software that helps lenders manage their loan book, automate workflows, and communicate with borrowers.
It is a scalable and secure platform that can be customized to meet the needs of any lender.

Does LendFusion offer customized solutions based on specific requirements?

  • Yes, LendFusion offers customized solutions based on specific requirements. This means that you can tailor the software to fit your business's unique needs. For example, you can choose the features that you need, the integrations that you want, and the pricing that works for you.

What is the typical project launch time with LendFusion?

  • The typical project launch time varies to a large degree depending on the requirements the lender sets out. LendFusion is able to provide the Essential system with basic configuration in 3 working days. The actual launch depends on the time to gather requirements, configurations to the software, and train your staff.

Does LendFusion provide full white labeling services?

  • Yes, LendFusion provides full white labeling services. This means that you can rebrand the software to make it look like your own. This can be a great way to build brand awareness and trust with your borrowers.

Is there a LendFusion software solution tailored for start-up businesses?

  • Yes, LendFusion has a software solution tailored for start-up businesses. This solution is designed to be affordable and easy to use, making it a great option for businesses that are just getting started.

Can I work with LendFusion without an IT team?

  • Yes, you can work with LendFusion without an IT team. The software is designed to be easy to use and maintain, so you can manage it yourself. However, LendFusion also offers a team of experts who can help you with implementation, training, and support.

Can LendFusion help with a solution for our MVP (minimal viable product)?

  • Yes, LendFusion can help you with a solution for your MVP. This means that LendFusion can help you to create a basic version of the software that you need to get started. Once your MVP is successful, you can then work with LendFusion to add more features and functionality.

How much does LendFusion cost?

Our monthly license fee starts from as low as 1,659 £ per month.
We offer a variety of pricing plans to fit your budget.

Schedule a demo to get a quote for your business.

How is LendFusion different?

LendFusion is different from other loan management softwares in a number of ways. Here are some of the key differences:

- Cloud-based: LendFusion is a cloud-based software, which means that it is hosted on a remote server and can be accessed from anywhere with an internet connection. This makes it more convenient and scalable than traditional on-premises software.

- Automated workflows: LendFusion offers a variety of automated workflows that can help you streamline your loan management process. This can save you time and improve efficiency.

Does LendFusion solution support multiple languages?

  • Yes, LendFusion's solution supports multiple languages. This means that you can use the software in the language that your borrowers speak.

Can LendFusion solution handle multiple currencies?

  • Yes, the LendFusion solution can handle multiple currencies. This means that you can use the software to lend money in different currencies. You’re free to use anything from South African Rands to the pound sterling from the United Kingdom.

Can I modify my LendFusion setup after launching?

  • Yes, you can modify your LendFusion configuration after launching. This means that you can change the features that you use and the integrations that you connect to.

What if I need additional API integration with LendFusion?

  • LendFusion is open to API integrations. This means that we’re able to integrate the software with other systems that you use. For example, you can integrate LendFusion with your separate CRM, payment processor, or credit bureau.

Can I migrate my data into the LendFusion platform?

  • Yes, you can migrate your data into the LendFusion platform. This means that you can move your data from your old system to LendFusion. LendFusion can help you with the migration process.

What does migrating to LendFusion look like?

  • The migration process to LendFusion is simple and straightforward. We will work with you to map your data and processes to our platform, and we will provide you with the support you need to make the transition smoothly.

Which countries and regions does LendFusion support?

  • LendFusion supports most countries in the world. This means that you can use the software to lend money to borrowers anywhere in the world.

Can LendFusion build a website for me if I don’t have one?

  • Yes, LendFusion has partners to help you get a website up and running without any hassle.

Can I try LendFusion before I buy?

  • Yes, we offer a free trial of LendFusion so you can test it out before you commit.

Will I have access to my data?

We take security seriously and use industry-leading encryption to protect your data.

Is LendFusion Software secure?

We use industry-leading encryption to protect your data, and we have a team of security experts who are constantly monitoring our systems for threats.

Does LendFusion do loan origination?

  • Yes, LendFusion can help you with loan origination. We offer a variety of features to help you automate the loan origination process, including credit scoring, document management, and e-signatures.

Does LendFusion have an online portal for borrowers?

  • Yes, LendFusion has an online portal for borrowers where they can view their loan information, make payments, and communicate with you.

Can I make payments within LendFusion?

  • Yes, you can make payments within LendFusion. We’re able to utilize different payment service providers that directly link to LendFusion for maximum speed in making payments through LendFusion. per month. We offer a variety of pricing plans to fit your budget.

Can the LendFusion platform automatically notify borrowers?

  • Yes, the LendFusion platform can automatically notify borrowers about upcoming payments, changes to their loan terms, and other important information.

Does LendFusion support electronic signatures?

  • Yes, LendFusion supports electronic signatures. This allows you to quickly and easily collect signatures from borrowers without the need for paper documents.

Can LendFusion handle loan configurations with different terms, down-payment amounts, interest rates, early payoff, term modifications, etc.?

  • Yes, LendFusion can handle loan configurations with different terms, down-payment amounts, interest rates, early payoff, term modifications, and other factors. This allows you to create customized loan products that meet the needs of your borrowers.

LendFusion is an affordable and user-friendly loan management system platform that helps you spend less time on the day-to-day operations and more time on getting sales and customers.

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