Short Term Lenders

Challenges in lending

To get ahead of the competition nowadays, banks are challenged to offer either better pricing or easier terms. Below are the most frequently identified common holdups and challenges in lending:

- Delays on processing required credit file passed between parties
- Missing, old, or improperly executed documents
- No Transparency: meaning lenders will not be able to do progress monitoring or predicted forecasts
- No tracking of outstanding post-closing documents
- Process of Origination: meaning from application to closing, usually takes months and involving numerous staff
- Subjective information as the status of a credit request
- Unbalanced workload of credit risk analyst
- Unclear decision rules on loan
- Unresponsive types of third parties

MUT Lending Solutions

Our Lending solutions are integrated with the latest fintech today for your business processing and risk management in real-time:

- Centralized contact management database for customer information and logging conservations
- Originate, service loans and leases efficiently
- Risk Assessment on your lending operations
- Proactive monitoring and tracking of outstanding documents
- Real-time updates on your loan tracker and request
- Systematize and consolidated lending processes
- Wide-ranging end to end loan management software for commercial, consumer and interactive mortgage lending

Who we service

Consumer Signature Loans
Tribal Lending
Auto Title Loans
Student Loans
Check Cashing Services

Short Term Lending
Personal Loans
Debt Consolidation
Credit Card Consolidation

Benefits of availing our solutions:

All-in-one package tracking and experience for borrowers
Eliminate manual processes and automate keying of data and mailing of documents
Better budgeting and forecasting with improved pipeline management software
Easy integration with steps on default management controls and risk analysis
Increase speed of lending online transaction processing: from origination, loan underwriting, covenant tracking, secure collateral management, loan servicing and portfolio reporting
Flexible deployment options and configurable, client defined components
Grow customer relations: valuable insights and consolidated views of customer needs and credit value
Improved customer onboarding process, full transparency and streamlining back office support services
Increase productivity and portfolio profitability: functionality sharing across product lines and departments
Increase service and accountability for lenders toward progress of activity goals
Reduce costs on transactions and with managing multiple systems
Regulate exposure with risk assessment steps
Simplify operations management: reporting and regulatory compliance efforts
Secure approach to paperless meetings and lending
Single platform efficiency: calculations, workflow solution, electronic compliance, financial reporting and analysis

How it Works?

Application

Complete the application for and comply the required documents. It's secure and confidential

Boarding

The bank reviews your application which usually takes 1 to 3 weeks

Approval

Set up your merchant account and start accepting card payments!

At My Umbrella Tree, we are a leading provider of payment processing services, enabling our clients to accept a full suite of payment forms, including: credit cards, debit cards, checks, and gift and loyalty programs.