home / build a solution

Build A Solution

Explore A Bundle

Kwik-Serv™Manage The Complete Lending Cycle

Overview
Industry Impact
Featured Media
Specifications

Overview

Kwik-Serv enables lenders to manage the complete lending cycle from origination through maturity. It provides powerful tools to simplify the origination process so that borrowers get the right loan every time. Kwik-Serv streamlines loan servicing and collections so that customers get the service they need. And it gives lenders a complete and accurate view of a portfolio to make informed lending and collection decisions.

Kwik-Serv Features

Feature	Benefit
Loan Servicing	Customized Business Rules/ Merchant Setup Simple, Easy to Use Interface Employee Permission/ Access Levels Automated TILA Generation Loan Extensions/ Rollovers Express Loan for Existing Customers Flexible Loan Document Management Complete Customer History Customer Notes on Account Customer Watch Flag Automatic Payment Due Reminder Notices Customer Account Management Login Customer Payment Plans for default loans Customer Marketing- Track Inactive Customers Advertising Tracking and ROI Reporting Comprehensive Collections Centralized transaction management Comprehensive/ Customizable Real-time Financial Reporting QuickBooks and Other Accounting Software Integration Integrated to Teletrack, dpBureau, and other credit bureaus Disaster recovery management State-by-state regulatory compliance Comprehensive customer support center Automated ACH processing (debits, credits, and exceptions) Automated Management of renewals, payments, & charge offs Real time loan underwriting Capability to integrate with marketing websites File export functionalities Import from Other Loan Programs Capability And Much More!
Debt Collections	Debt collection module is designed to meet the needs of a large or small collection organization, with excellent automation of the collection processes. The daily debtor call list is automatically generated Log history of all calls and contacts with debtors Create contact plans that automatically schedule calls, letters and/or emails Track all court activities, including court dates, fees, garnishments, etc. Generate detailed collection reports
Loan Information	Access to: Account and borrower information, including name and address Payment amounts, including any past due amounts Loan and escrow balances Due dates
Payment History	Keep track of: Transaction types Transaction dates, including effective and posted Transaction amounts, including the breakdown of the payment split Other transaction history information
Billing	Accurate information that displays: Due dates Amounts due, including principal, interest, fees, etc. Amounts past due Amounts paid Other billing information
Campai	Kwik-Serv provides loan originators with a complete set of marketing tools making it easy to contact existing customers by: Mailing labels-printing out mailing labels by store, region or by active or inactive customers. It is a great way to contact and revitalize clients. Email-sending special promotions to clients.
Back-end Management and Reporting	Kwik-Serv comes out of the box with a host of reports to help lenders manage all aspects of a business.
General Ledger	GL Included, 1098 and 1099 reporting.

Kwik-Serv Benefits

Standardize loan management process
Mitigate risk through credit evaluations
Default loan terms and conditions based on program rules
Perform funds checking and reservation
Automate loan approvals and funding
Manage multiple disbursements
Streamline loan information with a centralized dashboard
Simplify loan servicing by monitoring statuses and agent short-cuts
Reduce delinquency rates with collections strategies
Automate loan accounting and reporting
Save money by not having to purchase servers or other software to support use
Faster implementation. Customers can deploy within hours rather than weeks
Focus budgets on competitive advantage rather than infrastructure (Low Total Cost of Ownership)
Monthly obligation rather than upfront capital cost
Flexibility and scalability
Reliability
Faster new feature releases
Embodiment of recognized best practices

Results & Industry Impact

Kwik-Serv is our legacy solution that has been serving the industry since 2001. We offer a suite of modules that any consumer finance, payday and other lending organization can use to operate a physical branch or create a customized “virtual branch” over the internet. Using Kwik-Serv as your basic operating system, you can choose additional Kwik-Loan modules to provide solutions for most every type of lending model.