Case Study: Lucro Commercial Solutions achieves a first-of-its-kind, ultra-configurable Digital Business Lending Center—loan approvals under 10 minutes, built in 15 weeks—with OutSystems

Lucro, Corporate One’s Credit Union Business Lending Specialist Delivers First of its Kind Lending Solution with OutSystems

Lucro, Corporate One’s credit-union business lending specialist, faced a crisis when its Fintech partner was acquired and the partnership terminated, leaving them nine months to replace a core digital lending service or shut it down. Rather than buy another single-lender solution, Lucro chose to build a configurable, multitenant platform so they wouldn’t be dependent on third parties and could economically serve many credit unions.

Working with OutSystems and Truewind, Lucro completed a three-week discovery and launched the Digital Business Lending Center in 15 weeks: a secure, SOC2 Type II, OutSystems Sentry-hosted platform that delivers loan decisions in under 10 minutes and integrates with credit agencies, Plaid and SharePoint. The result is a customizable, self-service lending solution that reduces paperwork, speeds processing, scales to hundreds of credit unions, and has generated strong market interest and new customer onboarding.

Lucro Commercial Solutions

Jim Gallagher

Founder, and CEO