TurnKey Lender offers an automated credit risk management software solution designed to empower lenders to make faster, smarter, and more accurate decisions. This global platform automates end-to-end lending processes for consumer and commercial finance providers, serving non-bank, embedded, and traditional lenders as an infrastructure for loan origination, underwriting, servicing, debt collection, and reporting. Its proprietary Decision Engine leverages AI, combining traditional and alternative risk assessment approaches with A/B testing and the Champion/Challenger model to significantly increase the accuracy of credit decisions. The software provides sophisticated credit scoring flexibility, allowing for multiple scorecards and customizable credit decisioning rules, verifications, calculations, and logical conditions. The AI-powered decisioning engine is pre-configured to support all common loan types and can be swiftly adjusted to specific scoring logic and evaluation criteria. It boasts rapid deployment, enabling a full-fledged credit risk management system to be tailored and run on autopilot within days. The platform facilitates end-to-end loan management, ensuring accurate decisions at every stage of the loan's lifecycle. It also supports seamless integrations with any third-party data sources and solutions via intuitive API Client management, and brings risk, business, and operations teams together in one unified system with tailored experiences.

Features & Benefits

• AI-Powered Decision Accuracy
  • TurnKey Lender’s proprietary Decision Engine combines traditional and alternative risk assessment approaches to increase the accuracy of credit decisions with A/B testing and the Champion/Challenger model.
• Credit Scoring Flexibility
  • Offers sophisticated scoring with multiple scorecards and credit decisioning rules that can be used as-is or customized with specific business rules, verifications, checks, calculations, and logical conditions.
• Support for All Loan Types
  • The AI-powered decisioning engine is pre-configured to support all common loan types and can be swiftly adjusted to specific scoring logic and evaluation criteria.
• Rapid Deployment & Time-to-Market
  • The system is ready to run on autopilot within days, providing a full-fledged credit risk management system tailored to specific business scenarios and data for credit scoring.
• End-to-End Loan Lifecycle Management
  • Enables faster and more accurate credit decisions at every stage of the loan’s lifecycle, with the Decision Engine as a native part of the TurnKey Lender Platform.
• Seamless Third-Party Integrations
  • Intuitive API Client management facilitates integrations with any third-party data sources and solutions.
• Unified Team Collaboration
  • Unites risk, business, and operations teams within a single system, providing tailored experiences for each role.
• Instant Decisioning
  • The platform makes accurate loan decisions in a matter of seconds, significantly faster than traditional underwriting processes.
• Agile Model Deployment
  • Allows for rapid testing and deployment of scoring models and comprehensive decision strategies, minimizing friction and delays.
• Proven Market Performance
  • Solutions are tested and proven in over 50 markets, across 250+ credit products, and utilizing more than 2500 decision rules.
• Cost Optimization
  • AI-driven decisioning rules and scoring models help reduce third-party report costs significantly.
• High Scalability
  • Seamlessly scales to handle over 460 loan applications per second without compromising quality.
• Flexibility & Configurability
  • A highly configurable solution that saves time on updates and enables swift, easy implementation of changes.
• Comprehensive Data Source Integration
  • Leverages 75+ preconfigured integrations for various external and internal data sources in credit processing.
  • Background Checks
  • Credit Bureaus / Alternative Credit Data Repositories
  • Third-Party Scoring Models
  • In-House or Third-Party Software/Bookkeeping Systems
  • E-commerce Engines
  • Transaction Data (bank statements, e-commerce history, etc).