ISLANDIA, N.Y., Feb. 16, 2017 /PRNewswire/ -- Teledata Communications, Inc. (TCI) (www.tcicredit.com), a provider of cloud-based loan origination solutions for credit unions, banks and finance companies, released its Online Lending Consumer Portal, an integrated solution that enables consumers to submit loan applications from computers, tablets and mobile devices. Through this system, consumers can complete an entire loan application online within minutes, enabling lenders to automate and accelerate the entire loan origination process.
The Consumer Online Lending Platform was developed specifically to serve lenders that originate loans over the Internet. Lenders can customize it to meet their specific requirements, including adding data fields, mapping workflows, authenticating and verifying applicants, applying eSignatures, and funding approved loans. The platform features a mobile responsive design that optimizes usage on computers, tablets and mobile devices. In addition, it can be branded to the lender's specifications.
"The market has reached an inflection point where every lender—regardless if they're a brick-and-mortar institution, or an emerging online provider—needs to facilitate loans over the internet to remain competitive," explained Barry Kirby II, vice president of sales for TCI. "The Online Lending Consumer Portal is developed specifically for these lenders by simplifying the entire consumer loan process, from application through decisioning and processing, to funding. Its flexibility and functionality ensures that lenders can optimize online lending for many years to come."
For more information on TCI and DecisionLender 4, visit www.tcicredit.com
About Teledata Communications, Inc. (TCI)
Founded in 1982, Teledata Communications, Inc. (TCI) is a leading provider of software-as-a-service (SaaS) loan origination solutions for credit unions, banks, and finance companies. TCI's automated solutions enable lenders to substantially reduce costs, improve workflows, and adhere to security and compliance mandates. TCI's latest solution, DecisionLender 4, features a flexible, modular architecture which online and traditional lenders can configure to address their specific lending criteria and workflows. As authorities in the lending marketplace, TCI's solutions have been adopted by nearly five hundred lenders across a number of sectors, including automobile finance, power sports, lifestyle, appliances, and other consumer-facing industries. www.tcicredit.com.
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