Education Financing

If you are in the education financing industry, you understand how difficult and time consuming the loan process can be, especially considering how many applicants there are. With Kwik-Loan’s education financing software, you will be able to streamline your lending efforts and improve efficiency. With Kwik-Loan’s education bundle modules you can easily take applications for education loans over the internet or in your office.  The modules that best serve the education financing industry include:

• Kwik-App: converts all the information about the borrower into an automated process on which the loan originator bases the decision whether to lend or not. Works well with student loans!
• Kwik-Serv: helps lenders operate a physical location or virtual branch over the internet. Enables lenders to be more efficient as it simplifies the origination process.
• Kwik-Doc: this innovative module accepts digital signatures to loan documents processed over the internet. With the number of education financing applicants out there, this can really help make the lending process quicker and hassle-free.
• Kwik-Card: allows lenders to centralize the payment process across multiple branches. It’s a secure, flexible validation model with extensible interfaces for integrating with other payment systems.

In addition to the aforementioned modules, Compass technology’s Kwik-Decision portal filters all the credit information and gives you a quick answer for qualified borrowers. In addition, if a loan is not approved, it will print out a turndown letter for you.  With more parents opting for private schools and supplements for college tuition, our education financing modules will give you the competitive edge you need to compete in the growing education finance market.