Name: FORCE Business Lending
Price: 0.01 USD
Author: Topicus Security

Help Desk

Web and Video Conferencing

Customer Support

AI Development

Continuous Integration

Cross-Browser Testing

PHP Frameworks

Virtual Reality

Development

Business Intelligence (BI)

Collaboration

Environmental, Social, and Governance (ESG)

Knowledge Management

Enterprise

Accounting

CTRM

Financial Planning and Analysis (FP&A)

SaaS Spend Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Job Board

Payroll

Talent Intelligence

Talent Management

Time Tracking

Workforce Analytics

Workforce Management

Human Resources

AIOps

Application Server

Cloud Management

Cloud Storage

Container Security

Cybersecurity Consulting

Data Center Backup

Data Center Cooling

Database-as-a-Service (DBaaS)

DevOps

Embedded Database

Enterprise Service Bus

Fraud Detection

Infrastructure-as-a-Service

Integration Platform as a Service (iPaaS)

LAN Switches

Managed DNS

Managed Security Service

Mobile Data Security

Network Performance Monitoring

Requirements Management

Software Composition Analysis (SCA)

Unified Communications Monitoring

Value-Added Resellers (VARs)

Website Hosting

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Customer Advocacy

Ecommerce Personalization

Email Deliverability

Email Marketing

Marketing Automation

Mobile Marketing

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

AI Meeting Assistants

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Content Management

Sales Incentive Compensation Management

Sales

Virtualization Security

Security

Apparel

Healthcare Learning Management

Mental Health

Practice Management

Text Analysis

Vertical-Specific

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FORCE Business Lending, developed by Fyndoo, is a lending platform designed to streamline and manage financing processes for businesses of various sizes. According to the vendor, this software solution caters to a wide range of professions and industries, including banks, lending companies, credit unions, leasing companies, alternative financiers, retail businesses, restaurants, construction companies, professional services, and healthcare providers. With its range of features and flexible capabilities, FORCE Business Lending offers a customizable solution for efficient loan management, revisions, changes, and monitoring, aiming to help businesses meet their financial needs effectively.

## Key Features

**Interest Rate Revision**: According to the vendor, this feature allows for the easy processing of fixed-interest period expirations and interest rate changes for in-life loan management.

**Change Loan Structure**: The vendor states that this feature enables users to modify repayment types, extend loan durations, and switch from Linear Mortgage to Annuity Mortgage to meet evolving client needs.

**Early Repayment**: The vendor claims that this feature allows for the seamless processing of additional repayments and provides clients with the flexibility to make early payments towards their loans.

**Full Repayment**: According to the vendor, this feature enables clients to fully repay their loans with ease, ensuring a smooth and efficient loan closure process.

**Monitoring**: The vendor states that this feature allows for the monitoring of loan conditions throughout the term to ensure compliance and verify that clients are meeting their obligations.

**Revisions**: According to the vendor, this feature provides functionality for the periodic assessment of clients' financial situations, allowing for ongoing evaluation of eligibility and adjustment of loan terms as necessary.

**Flexible**: The vendor claims that this feature offers an out-of-the-box flexible solution that can be customized to meet specific requirements, providing a tailored lending experience.

**Cloud Lending Software**: According to the vendor, this feature provides a comprehensive end-to-end cloud lending software that covers all financing processes and is accessible from anywhere.

**Open Lending API**: The vendor states that this feature offers a powerful and simple event-based set of REST APIs and webhooks, allowing users to shape their open banking strategy, enrich customer journeys, and securely exchange confidential documents online.

**Complex Structures**: According to the vendor, this feature provides a powerful model for dealing with complex organizational structures, securities, and financing needs, ensuring highly efficient business operations.

Basic

FORCE Business Lending

Loan Origination

Topicus Security

The software allows lenders to manage the loan origination process, including application intake, underwriting, and approval.

Credit Scoring and Risk Assessment

This feature enables lenders to assess the creditworthiness of borrowers and the risk associated with different loan products.

Automated Underwriting

Refers to the use of algorithms to assist or replace human agents in the underwriting of loans.

Loan Workflow

Tools used by loan origination and servicing and servicing agents to streamline their workflows.

Loan Document Management

This feature allows users to store, manage, and track all loan-related documents, ensuring compliance and efficient processing.

Loan Workflow Automation

This feature helps to automate various stages of the loan process, improving efficiency and reducing manual errors.

Loan Software Integrations

This feature allows lenders to access credit reports and scores from major credit bureaus, aiding in the credit assessment process, and integrate with CRM tools and third-party databases to manage borrower relationships.

Loan Reporting and Analytics

Allows users to generate various reports and analyze data related to loan origination and servicing, helping to make informed decisions.

Financial Reporting and Compliance

Financial statements and regulatory filings

Management Reporting

Tools facilitating creation of internal ad hoc or standard reports.

Excel-based Reporting

Ad hoc or formatted reports using MS Excel.

XBRL support for regulatory filing

Support for the XBRL standard reporting format for exchanging financial data.

Data Security

Tools and features that help keep data secure from unauthorized access or internal exposure.

At-Rest Data Encryption

Data at rest is encrypted, requiring decryption to read the underlying data.

In-Transit Data Encryption

Data is transmitted in an encrypted state, preventing interception of raw in-flight data.

In-Use Data Encryption

Data remains encrypted even when stored in non-persistent storage (RAM, CPU caches, and CPU registers). This prevents access to data through malware on an individual device.

Data Redaction

The product's capability to return redacted data in place of actual data when queried. For instance, a redacted query for the phone number 555-5555 could return ***-**55.

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Loan Origination Software

FORCE Business Lending

Overview

What is FORCE Business Lending?