CreditPath™ addresses the needs for equipment finance through comprehensive portfolio management tools to sophisticated program and vendor management solutions.
CreditPath™ provides a complete lifecycle lending solution for over $170 Billion in loans and leases across North America and to customers in over 100 countries around the world. One of the Monitor Top10 Equipment Finance Captive organizations sought a central repository for all customer and equipment data that could be combined seamlessly with an automated originations process. Challenged by inefficiencies stemming from cumbersome manual processes and an unsuccessful internal build project, the organization selected CreditPath. CreditPath enabled the organization to provide this critical information to its user in the origination environment and allowed its personnel to process transactions completed in the solution, resulting in a reductions in operating FTE and credit turnaround time.