Loan origination software that fits the way you lend
A good deal still comes with plenty to organise. Give your team a clear path from application to funding, with the right information, checks and next steps along the way.
Parties
| Name | Type | Borrower | Guarantor | GSA |
|---|---|---|---|---|
| ACME Example Limited | Company | |||
| John Doe | Individual |
Securities
| Address | Title | Security type | Value | Max LVR |
|---|---|---|---|---|
| 12 Kauri Rise, Hamilton | 123456 | First mortgage | $650,000 | 70% |
01 / Set up
Build the deal once
Set up the borrower, guarantors, security and lending terms once. Bring in company information with one click so your team can spend more time understanding the deal and less time assembling the same details. Lending to trusts and individuals? Flolend can handle that too.
Deal data entered in origination carries through the full loan lifecycle: Application, Drawdown, Funded, Paid Out. No copy and paste between modules or systems.
Add your own fields to a deal or a party, so the file holds the information your team actually needs.
See company and security data in action02 / Your products
Start from your own loan products
Set up the lending products your business offers, with their configured terms, fees and interest structure. New applications start from those settings, so your team tailors a deal instead of rebuilding it.
Fees belong to the product. Set each one as a flat amount or a percentage, choose what it is charged on and when it is payable. New deals start from those defaults, and your team adjusts as required.
Products
| Default | Name | Code | Interest type | Status |
|---|---|---|---|---|
| Property lending | PROP-01 | Interest only | Active | |
| Business lending | BUS-02 | Principal and interest | Active |
Freehold
Live123456 12 Kauri Rise, Hamilton
Registered owners
1John Doe
Share: 1/1
Memorials
- Date12 Aug 2019
Mortgage 7812345.3
Mortgage to Example Bank Limited
03 / Security
Bring the security onto the deal from LINZ
Pull the property onto the deal from LINZ, with its ownership records and memorials alongside the application. Owners can be automatically added to your deal, so you review rather than click to add.
Explore the LINZ integration04 / People
Check the people behind the deal with less searching
Automated background checks bring relevant findings into the review, helping your team spend less time gathering information and more time resolving the questions that matter.
Adverse media checks powered by AI search published news and other public sources for negative coverage involving an individual, and bring anything relevant back as a possible match for your team to review.
Flolend also scans for other titles your deal parties own, so related or undisclosed property comes into the review instead of surfacing later.
Explore automated background checks- InsolvencyNo match
- Banned directorsNo match
- !Prior liquidationsReview match
- Adverse mediaNo match
- 1.
The Lender agrees to advance up to {principal_amount} to the Borrower on the terms set out in this agreement.
- 1.1
Funds are advanced on the drawdown date confirmed in writing by the Lender.
- 2.
The Borrower repays by direct debit on the dates set out in the Repayment Schedule.
- 3.
The Borrower grants security over {security_address} until the Loan is paid out in full.
05 / Terms
A terms library your team actually uses
Create a library of your loan terms and conditions, edit them as your policy evolves, and add them to deals. Workflows can put the right terms on the right deal, so nothing relies on someone remembering.
06 / Credit
Make your credit process easier to follow
Set your credit rules and checklists around your lending policy. Assess the application, record evidence and see what still needs attention. Give reviewers a useful starting point and a clearer view of the questions they need to resolve.
Tasks, comments and @mentions keep the handoff between credit officer and loan manager inside the deal, as a timeline history.
Want a helping hand? A connected AI agent can review an enquiry, enter everything into Flolend and assess a deal against your credit rules.Explore AI-assisted assessment
Credit assessment
- Confirm insurance for the security propertyWarn
- Record serviceability evidenceBlock
Completed
Security value within policyBackground checks reviewed
@loan-manager Can you review the interest-only period before this goes to offer?
This offer is made to Company Borrower for $500,000, on the terms set out in this letter.
07 / Offer
Create your loan offer with a click
Once your deal is ready to offer, click Generate to create your offer document using the information already in Flolend. After acceptance, the files and confirmations still needed before funding can become the deal’s drawdown checklist.
The offer letter is your own document template with your branding and layout, exactly as you want it.
Flolend can warn or block staff from creating an offer until the items your credit checklist requires are satisfied.
Let borrowers and brokers help complete requirements08 / Conditions
Work through drawdown conditions to settlement
When the offer is accepted, Flolend populates the drawdown conditions from your templates. Track files, comments and sign-off in one place, and capture the settlement details when the loan funds.
Borrowers see their own conditions in their portal. They can upload documents, complete forms and see what is still needed, under review or done.
See conditions in the full loan storyDrawdown conditions
2 of 4 complete- Pending
- In Review
Completed
- Completed
- Completed
PPSR search
MATCH- DebtorACME Example Limited
- DebtorJohn Doe
Financing statement
Registered09 / PPSR
Search and register PPSR on the deal parties
Search the PPSR using the party details already on the deal, so nothing needs retyping, and register a financing statement over the parties when you take security. The registration, its collateral and its expiry stay with the deal record.
Follow the full PPSR lifecycleDrawdown conditions
- Loan agreementReceived
- Insurance certificateReceived
- Solicitor’s certificatePending
Client reminder
10 / Brokers
Keep your brokers close to their deal
Link a broker to the deal and invite them to their own portal with your companies branding. They can see the deals waiting on conditions or drawdown, and send a client a reminder about what is still outstanding. Automated emails can be set to keep them in the loop as the deal progresses.
Explore the borrower and broker portals11 / Documents
A secure document library on every deal
File storage on the deal keeps everything together: application evidence, signed offers, valuations and correspondence. The team works from one secure document library instead of shared drives and inboxes. Give your AI access and it can quickly scan and read documents on a deal to answer your questions.
Documents
12 / Workflows
Set the rules once, and every deal follows them
Build automated workflows around the events that matter in your process. Create a task when a record changes, update a field or tag, add a condition, or prepare a communication using the available workflow actions.
Your team can configure workflows themselves. Authorised AI tools can also help create and update workflows, so an idea for a better process is easier to put into practice.
13 / Handover
Keep your flow moving after settlement
Once the loan is funded, move into servicing with its history and structure already in place.
See the workflow on your own deals
Tell us how you lend, and we’ll show you how Flolend could make the biggest difference to your day.