LaserPro® Commercial Lending is now part of Total Lending™, D+H’s end-to-end solution designed to support lenders throughout the lending workflow. To learn more, please visit the D+H Total Lending page.
LaserPro Commercial Lending makes it easy for financial institutions to handle the application and closing phases of virtually any commercial loan request, while maintaining document compliance.
Irrespective of whether the lender’s business is based in a large urban environment or a small agricultural community, commercial lending is an intricate operation. LaserPro Commercial Lending simplifies a lot of this complexity. Covering a full range of borrower, collateral and loan types, the system’s dynamic documents enable a full range of transactions to be processed quickly. LaserPro Commercial Lending can be used to streamline small business loans, or to carefully craft large commercial deals involving different business entities, multiple signers and detailed collateral descriptions.
LaserPro Commercial Lending provides financial institutions with:
- The ability to produce commercial applications for the loan request.
- The functionality needed to create supporting application documents - those that meet state-specific requirements or denial documents beyond the standard application form, for example.
- The ability to complete the loan package with a commitment letter, detailed borrowing resolutions, loan agreements, guaranties, promissory notes and security instruments - all with a high level of flexibility.
- Support for a variety of indexes to support variable rate lending, so financial institutions can offer multiple commercial variable rates in a transaction.
- Small Business Administration (SBA) lending capabilities with the optional SBA Lending Solution module.
LaserPro Commercial Lending enables financial institutions to:
- Handle virtually all commercial loans, irrevocable letters of credit and lines of credit.
- Document loans to borrowers of multiple entity types: individuals, corporations, partnerships, LLCs, sole proprietors, associations, trusts, government agencies or any combination of these.
- Create security instruments for multiple collateral types: titled possessory, real estate, UCC and government contract collateral types.
- Offer a wide variety of payment types, including installment, single-pay, balloon, P+I, construction permanent, irregular and line of credit payment types.
- Generate commercial loan documents in accordance with the financial institution’s standard products and internal policies.
- Participate in commercial loans with other financial institutions to reduce risk and control exposure (with the optional Commercial Participation module).
- Go paperless with D+H’s in-branch eSignature solution ProSign®, or sign and distribute documents remotely through D+H’s tightly integrated alliance with eLynx .
Bar Code - Bar coding documents prior to scanning makes it easy for the imaging system to auto-index the documents and allows for quick and easy retrieval throughout the business. Bar coding, however, can be a time consuming task.
Commercial Participation - Commercial Participation for LaserPro provides the tools needed to operate safely in this strategically important marketplace.
E-Print Connect™ - E-Print Connect for LaserPro and DepositPro® handles document delivery needs, enabling LaserPro and DepositPro documents to be sent by email.
GeoPro® - GeoPro for LaserPro and DepositPro standardizes and geocodes addresses to reduce the cost of mailings and to help you better target your sales campaigns.
IT Planning - D+H’s IT Planning service helps financial institutions to evaluate their current infrastructure and use of D+H applications and their alignment with strategic business and IT plans.
LawyerPro® - With LawyerPro for LaserPro, you can edit, customize and manage your LaserPro commercial closing documents to accommodate unique loan terms or covenants.
ProSign - ProSign helps to implement a paperless process and eliminate the need to scan most documents after they have been signed.
Reports and Forms - D+H designs and produces specialized reports for managers and executives to ensure they have the up-to-date and accurate information they need at their fingertips.
SBA Lending Solution - The SBA Lending Solution for LaserPro, an intuitive system that streamlines the entire SBA lending process, boosts the efficiency of the small business lending process.
Upgrade Assistance - D+H’s experts ensure that the latest versions of D+H software and systems are running and that clients are aware of the new features and functionality available to optimize usage and productivity.