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Lendstream description
Lendstream is a business management software designed for companies of all sizes in the lending industry. It offers a range of features including loan origination, servicing, and marketing automation, as well as tools for managing customer relationships, documents, and workflows. The platform aims to help lenders streamline their operations, reduce costs, and improve compliance. Lendstream also offers customization options, including white-labeling and API access.
Who is Lendstream best for
Lendstream offers loan origination, servicing, marketing automation, customer relationship, document, and workflow management tools. This lending management software streamlines operations, reduces costs, and improves compliance. It’s best for medium to large companies and offers custom pricing for enterprises.
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Best fit for medium to enterprise-level lending companies.
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Specifically designed for the lending industry.
Lendstream features
| Supported Lendstream provides a fully automated document management system with features such as auto-filling forms, flagging missing fields, digital signing and distribution, and access to templates. |
| Supported Lendstream offers personalized and automated workflows tailored to user preferences, streamlining processes from loan application to closure. |
| Supported Lendstream provides full customization options to adapt to the specific requirements of each business. |
| Supported Lendstream offers a variety of integrations to connect with other software and platforms. |
| Supported Lendstream includes built-in support for KYC, KYB, and AML compliance checks. |
| Supported Lendstream provides comprehensive reports, key metrics dashboards, and real-time data visualization. |
| Supported Lendstream enables efficient management of all client communications and documents within the platform. |
Lendstream pricing
See the Lendstream pricing page.
Startups
This plan includes features like loan management, origination, and servicing, with support for one currency and basic reporting. It allows up to 3 users and is suitable for businesses starting their lending operations.
Business
This plan builds upon the Startups plan and includes extra features like custom workflows and tasks for loan origination and servicing, automated debt processing, and support for 2 languages. It allows up to 8 users and is ideal for growing lending businesses.
Enterprise
This plan provides a comprehensive suite of lending software functionalities with custom dashboards, multi-currency support, advanced automation, and on-premises deployment options. It is suitable for large enterprises with complex lending needs.
Lendstream alternatives
OnlineApplicationBetter for small to medium-sized businesses, especially mortgage and insurance brokers in Ireland. Higher rated by users, who praise its user-friendly interface and streamlined document management.Read more
Applied LMSBetter fit for small and medium businesses. Higher ratings. No pricing information available. A Lendstream competitor and alternative.Read more
Blend Mortgage SuiteMore focused on mortgage lending for financial institutions. Has slightly better ratings and is growing faster.Read more
LoanProBetter for smaller businesses. Has more momentum currently. More user reviews available. A Lendstream alternative and competitor.Read more
FinfluxBetter for larger enterprises and small businesses. Has easier implementation, better scalability, reliability, and customer service. Growing faster with more positive user reviews. Offers digital onboarding, credit scoring, and reporting features.Read more
PrecisionLenderMore focused on commercial lending profitability and pricing optimization. Has significantly more momentum based on web traffic and employee growth. Slightly higher rated by users.Read more
Lendstream FAQ
What is Lendstream and what does Lendstream do?
Lendstream is business management software for lenders of all sizes. It offers loan origination, servicing, marketing automation, and tools for managing customer relationships, documents, and workflows. Lendstream helps lenders streamline operations, reduce costs, and improve compliance.
How does Lendstream integrate with other tools?
Lendstream offers API access for integrations, but specific integrations are not publicly listed. Contact Lendstream directly for details regarding integrating with your existing tools and systems. This lack of transparency may be a consideration for businesses relying on specific third-party software.
What the main competitors of Lendstream?
Lendstream competes with other lending management software solutions like OnlineApplication, Applied LMS, Blend Mortgage Suite, LoanPro, Finflux, and PrecisionLender. These alternatives offer similar features for loan origination, servicing, and automation, catering to various financial institutions.
Is Lendstream legit?
Lendstream appears to be a legitimate business management software catering to the lending industry. G2 gives it a 4/5 star rating, and it offers features for loan origination, servicing, and marketing automation. However, recent trends show a decrease in LinkedIn employee growth.
How much does Lendstream cost?
Lendstream's Startups plan is €490 per month, while the Business plan is €1490 monthly. For enterprise-level pricing, a custom quote is necessary. Is Lendstream worth it? It depends on your specific lending software needs and budget.
Is Lendstream customer service good?
Some customers have reported positive experiences with Lendstream's loan management features, describing the process as "smooth." However, others expressed dissatisfaction with customer support, stating that they did not receive adequate assistance when needed.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.