Case Study: LendFoundry achieves 40% lower loan servicing effort with Sigma Infosolutions' Loan Management System

LendFoundry reduces collections and servicing effort by 40% with Sigma Infosolutions

The customer, LendFoundry, a leading online provider of personal loans, needed to implement an off-the-shelf loan management and collections solution to service loans from its origination platform. They sought a partner with comprehensive and quick go-to-market capabilities and selected the LendFoundry product from vendor Sigma Infosolutions.

Sigma Infosolutions implemented its LendFoundry platform, an API-driven solution that automated loan onboarding, amortization, and electronic funding. This resulted in a 40% reduction in the effort required for collections and loan servicing. The solution also provided self-help capabilities for borrowers, leading to a 60% reduction in requests to the customer support team.

LendFoundry