LendingPad

LendingPad is a professional cloud-based loan origination system designed for credit unions, banks, lenders and brokers. In practice that means building software for you when nothing off the shelf fits.

Who is it for? Mostly companies with a specific process to automate. They are a small team, 11 to 50 people, which usually shapes who they work with. You will probably talk to the people who build it, which is great until you need 24/7 support.

LendingPad is based in Mclean, Virginia. You can read more at lendingpad.com.

Things worth asking about: portfolio relevance, who owns the code, and how they handle changes. Get the renewal terms in writing before the first invoice.

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