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 3 C’s of credit in an age of modern underwriting
Industry Insights
The 3 C’s of credit in an age of modern underwriting

The 3 C’s of credit—character, capacity, and collateral—are a widely-used framework for evaluating potential borrowers’ creditworthiness.

'Transforming credit origination: trends, challenges, and opportunities' webinar recap
Industry Insights
'Transforming credit origination: trends, challenges, and opportunities' webinar recap

In 'Transforming credit origination: trends, challenges, and opportunities', Colton Pond (CMO of LoanPro), Maik Taro Wehmeyer (CEO & Co-Founder of Taktile), and Jason Mikula (Head of Industry Strategy, Banking & Fintech at Taktile) dive into the transformation of credit origination, highlighting the challenges lenders face, including the balance between speed and credit quality, the integration of AI, and the use of alternative data.

Keeping Up with Compliance: January 2025
Compliance
Keeping Up with Compliance: January 2025

Welcome to another issue of LoanPro’s Compliance & Fintech Newsletter, bringing you news from across the industry with a focus on compliance. Expect new editions monthly. Subscribe to the newsletter to make sure you don’t miss an issue.