FIS LendAmend is a specialized software solution that centralizes and streamlines the entire loan amendment process, specifically targeting the leveraged loan market. It functions as a market utility, empowering agents, lenders, and legal counsel to significantly enhance accuracy and efficiency while simultaneously reducing operational costs associated with loan amendments. The software is designed to simplify complex workflows, making it easier to manage the lifecycle of commercial loans. It can be deployed as a standalone application or integrated as a component of the broader FIS® Commercial Lending Suite, which offers a comprehensive front-to-back-office solution complete with integrated workflows and advanced analytics for the entire commercial loan process. This flexibility allows organizations to adopt LendAmend based on their specific needs, whether for focused amendment management or as part of a wider lending ecosystem.

Features & Benefits

• Centralized & Streamlined Process
  • Centralizes, standardizes, and streamlines the entire loan amendment process specifically for the leveraged loan market.
• Anytime Access & Electronic Voting
  • Provides agents with the ability to track amendment progress and allows lenders to electronically execute votes at their convenience.
• Increased Efficiency & Cost Reduction
  • Enables agents and lenders to execute amendments more efficiently, leading to lower operational costs and the capacity to handle higher volumes.
• Market-Wide Collaboration & Transparency
  • Serves as a single utility for the entire market, facilitating collaboration among agents, lenders, and lawyers to save time and increase transparency in the amendment process.