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Full Skope LLC, a financial services technology company in San Antonio, launched a new version of its SkopeLend Loan Origination System. The new launch follows the company's previously launched LOS that processed more than 10,000 Paycheck Protection Program loans in the last 12 months.
The new SkopeLend LOS combines the core strength of its predecessor - its ability to scale in support of high-volume loan origination for both consumer and commercial loans, with the business agility to simply configure and modify new loan products and workflows on the fly, according to a press release. SkopeLend also provides compliant loan document templates that are automatically completed and routed for e-signature with the click of a button.
The company also made SkopeLend available for purchase on the SalesForce AppExchange, hoping to provide a cost-effective solution for companies looking to access its technology.
“We built this product specifically for community banks and credit unions and other types of lenders who may not have large IT staffs and budgets to manage long, complex, and risky LOS implementation projects, followed by an endless string of platform support projects,” said Doug Hogan, CEO of Full Skope.