Case Study: Pactola achieves accurate, flexible loan management with Nortridge Software

Pactola - Customer Case Study

Pactola, a credit union service organization focused on commercial and agricultural lending, was dealing with spreadsheet sprawl and inaccurate accounting in its previous loan management setup. The team relied on separate Excel sheets because it did not trust its core processing system, and loan onboarding could take up to 11 hours per loan when support issues were included.

Pactola chose the Nortridge Loan System from Nortridge Software to improve accuracy, transparency, and flexibility after closing. The system’s participations module supports correct payment distribution in real time, daily accruals are visible as they build, and loan management is described as accurate, scalable, and flexible.

Pactola

Amanda Baldwin

Credit Analyst