Turnkey Lender

Turnkey Lender

4.5 / 5 7 reviews

Who Uses This Software?

Software ideal for: online lenders; payday loans/cash advance; microfinance institutions, credit unions; small and mid-size banks; lending to click-and-click SMEs.


Average Ratings

7 Reviews
  • 4.5 / 5
    Overall
  • 4.5 / 5
    Ease of Use
  • 4 / 5
    Customer Service

Product Details

  • Deployment
    Cloud, SaaS, Web
    Installed - Windows
  • Training
    Documentation
    Webinars
    Live Online
  • Support
    24/7 (Live Rep)

Vendor Details

  • Turnkey Lender
  • turnkey-lender.com/
  • Founded 2005
  • United States

About Turnkey Lender

Turnkey Lender is a cloud system for evaluating borrowers, decision-making support and online-lending process automation. Pay per use and only for functionality that you need to work within your budget and ensure your company enjoys the fastest ROI in the industry! Covers all stages of entire lending lifecycle including borrower management: from loan origination to debt collection. Incorporates best practices from experience serving online lenders and banks.


Turnkey Lender Features

  • Amortization Schedule
  • Audit Trail
  • Closing Documents
  • Compliance Management
  • Customer Database
  • For Finance Industry
  • Loan Processing
  • Loan Submission Control
  • Mortgages
  • Online Application Acceptance

Turnkey Lender Reviews Recently Reviewed!

The software bought from Turnkey Lender is great. Convenient for users and faster processing.

Sep 27, 2017
4/5
Overall
4 / 5
Ease of Use
3 / 5
Features & Functionality
3 / 5
Customer Support
3 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: Online access for both back end and front-end(Loan Origination). Role matrix back officer users and multiple Lona products.

Cons: limited to multiple clients(client1, client2, client3) cannot filter applicants by clients. example: client1 should see only client1's customers. Client2 should only client2's customers. And Client3 should only client3's customers.

Overall: Can gain more clients to use this online loan origination software. Clients can use this system to promote and manage their customers without much investment.

Excellent product and helpful friendly support

Sep 26, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Turnkey Lender is extremely flexible and you can launch new credit products very quickly and easily. You have the ability to credit very detailed credit products that are you can really fine tune to target particular borrowers.

Cons: The reporting can get messy if you do any live testing and you can't remove the entries due to very strict audit controls. I know it's not really a con, more a feature.

Overall: Very fast time to market and established a market leading business very quickly thanks to Turnkey Lender.

They lure you in with a low price then charge for everything and failed to capture critical needs

Jul 01, 2017
3/5
Overall
3 / 5
Ease of Use
4 / 5
Features & Functionality
1 / 5
Customer Support
1 / 5
Value for Money
Likelihood to Recommend: 3.0/10 Not
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Pros: Good product with solid features for straight out of the box implementation . It has a low entry price point

Cons: The team lacks integrity. Several times they stated one thing and then reneged . This increased my costs, delayed revenue and negatively impacted my clients .

Overall: Ultimately I could not use it.

Great solution

Jun 10, 2016
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: great cloud based solution for online lending and retail lenders

Great product - excellent support!

Apr 29, 2016
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support
4 / 5
Value for Money

Comments: We used Turnkey Lender to stand up a loan origination system for veterinary services in short order. The product has the vast majority of the functionality right out of the box, was easily integrated with a credit agency to pull FICO scores and the support team did an outstanding job making our requested customizations.

Pros: Solid COTS product and very customer oriented support team.

Cons: While they do offer a SAAS model, pricing seems to be slanted toward outright licensing of the product. This might be something to refine.

Great

Oct 12, 2015
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: Its never gave me any problem as it helped me in most aspects

Thanks Turnkey Lender for improvement of my workflow.

Jul 28, 2014
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: Thanks Turnkey Lender for helping to improve the automation of my workflows.

For me, as the owner of a start-up lending company, it was a little unusual to use this type of product for my business. But, as they say, "Time is money!" And, time is of the utmost importance in this business.

That's why it is important for me to use a solution like Turnkey Lender. It greatly increased my number of customers and turnover as well. All this, and it decreased the processing times for each new application. It certainly works as advertised!