A Journey from AutoPal to LoanPro

“To be able to unlock growth, switching to LoanPro was absolutely critical.” – Nick Curry, CFO

Nick Curry, CFO of Modern Asset Management

We recently interviewed one of our long term clients, Modern Asset Management, to discover why they transitioned from AutoPal to LoanPro.

When Modern Asset Management initially sought a loan management solution they discovered AutoPal, a software built by lenders for lenders. While AutoPal served their needs for years, they required a more scalable platform as the company expanded which led them to LoanPro. This partnership facilitated Modern Asset Management’s success by offering a best-in-class tech stack, improving operational efficiency, and accelerating their growth. LoanPro remains a supportive partner for all of Modern Assets’ future endeavors.

These are the key outcomes outlined in our case study that Modern Assets has enjoyed by transitioning to LoanPro:

  • Increased agent servicing efficiency from 30 loans per month to 300 loans per month using automation
  • Decreased delinquency rates by approximately 20%
  • Increased agent efficiency by over 10x by migrating to LoanPro
  • 4x growth since 2021 supported with the ability to leverage LoanPro’s API

Read the full case summary here

Recommended blog posts for you

The top 5 most effective lending tools for modern credit providers
Industry Insights
The top 5 most effective lending tools for modern credit providers

What may have once required armies of underwriters, reams of paper, and weeks of processing time can now be accomplished in minutes with the right tech stack. And yet, it remains just as obvious that there is room yet to grow.

‘Bankruptcy and Beyond: Credit Risk Management in an Uncertain Economy' webinar recap
Industry Insights
‘Bankruptcy and Beyond: Credit Risk Management in an Uncertain Economy' webinar recap

Lance Wickham, President & CEO of BankruptcyWatch, and Colin Terry at LoanPro explore how modern technology is reshaping bankruptcy management.

What's actually happening at the CFPB?
Compliance
What's actually happening at the CFPB?

Welcome to a special issue of Keeping Up with Compliance focusing on the Consumer Financial Protection Bureau and all the changes that have taken place over the last six months.