Lucro Commercial Solutions is thrilled to introduce LoanSplit
TALLAHASSEE, FL (January 22, 2024) — Lucro Commercial Solutions is thrilled to introduce LoanSplit, the latest of Lucro’s three innovative platforms built to help credit unions be efficient and competitive. LoanSplit is a new marketplace that enables quick and seamless buying or selling of commercial loans with little to no cost to the credit union. Credit unions enjoy automation, streamlined operations and unmatched control over their loan distribution channel.
Key Benefits of LoanSplit
- Time Savings: Say goodbye to lengthy and cumbersome loan buying or selling processes. Creating a loan participation has never been easier with our intuitive portal that includes built in templates and document management.
- Cost Savings: A competitive, simplified pricing structure allows for unlimited use of the LoanSplit platform with no obligation.
- Access to Credit Union Network: With LoanSplit, you gain access to a network of geographic buyers and sellers, providing you with opportunities to expand your commercial portfolio and enhance your business reach. LoanSplit enables direct communication with other institutions within the platform. Collaborate with ease and build valuable relationships to drive further business growth
- Enhanced Control and Flexibility: Take charge of your loan distribution channel with LoanSplit. Create your own network of buyers within LoanSplit. Seamlessly manage and customize your balance sheet,ensuring optimal asset class concentration that aligns with your business objectives.
- Expert Support: Take advantage of Lucro’s experienced team to assist you throughout the loan buying or selling process as much or as little as you need. Benefit from their industry expertise and ensure your decisions are well-informed.
Learn more at www.lucro.org/loan-split
About Lucro Commercial Solutions
Lucro Commercial Solutions, a wholly-owned credit union service organization (CUSO) of Corporate One Credit Union, is a leading provider of commercial lending support which includes financial technology, offering intelligent tools and platforms to credit unions. With a commitment to service and innovation, Lucro empowers credit unions with user-friendly, secure, and transformative financial solutions designed to enhance cash flow management, streamline operations, and drive growth.