Auto lenders
Auto finance software that accelerates growth and innovation
Unify auto loan origination and servicing on a single modern platform. Maximize efficiency, minimize risk, and accelerate growth across your entire portfolio.
Challenges with auto lending software today
Rising delinquency rates
Delinquency rates on auto loans have risen over 30% in the last year
Manual processes
Agents are stuck manually servicing accounts, costing time and money
Disjointed systems
Key tasks are handled out of separate tools, with limited communication between systems
Negative consequences of challenges
Increased cost of capital
Extending auto loans is more expensive and riskier than ever, with default rates impacting your ability to get more capital
Diminishing margins
Every minute spent on servicing, collections, and back office inefficiencies decreases profits
Poor borrower experiences
Working out of disconnected systems makes life difficult for your borrowers, agents, and back office
The value that 600+ lenders achieve through LoanPro’s modern auto finance software
Increase operational efficiency with custom automations and auto lending guided workflows
Embed your business logic into LoanPro’s Automation Engine to service accounts in the background- Streamline auto finance processes like contracting, communication, and repossession
Acquire new auto lending customers through increased efficiency
- Leverage LoanPro's auto loan origination system or integrate with your preferred partners via our modern API for one cohesive auto lending platform.
- Launch differentiated credit products, such as a line of credit based on a car’s current market value
Establish customer loyalty through a best-in-class borrower experience
- Provide a delightful experience that encourages borrowers to return for future auto lending needs
- Automation Engine services lending and credit products before customers even notice
Reduce risk of defaults and regulatory fines
- Use hardship programs to keep struggling borrowers engaged instead of dropping off
- Compliance Safeguard keeps your operations aligned with ever-shifting regulations
How LoanPro
solves the problem
for auto lenders
Modern Lending Core
Handle loans, leases, lines of credit, and other innovative products through unified auto loan software
Origination Suite
Approve more consumers through complete configurability with our auto loan origination software
Servicing Suite
Streamline insurance updates, repossessions, and other tasks with our auto loan servicing software automations
Collections Suite
Communications, hardship programs, and more that build a high-performance auto loan portfolio
Payments Suite
Automate auto loan payment processing through PCI-compliant ACH, debit, and credit
Launch any unique auto-related loans, lines of credit, and credit cards on one auto lending platform
Installment loans
Create unique auto installment loans to differentiate in a crowded market
Lease
Create lease opportunities with buy now, pay later for auto parts, car upgrades, and more
Line of credit
Launch a line of credit tied to a vehicle's current market value, or use flexible settings to create other unique line of credit products
Credit card
Upsell your customers with a differentiated credit card to expand your customer lifetime value
What our 600+ customers say about LoanPro
Why partner with LoanPro
The only auto loan software at the intersection of innovation and scalability.
Innovate Quickly
- Configurable end-to-end auto lending platform
- Pre-configured templates for all classes of auto loans
- API-first to integrate with existing tech stack
Scalable Growth
- Launched over 2,000 credit programs
- 25M+ active loans on LoanPro
- Launch compliant loan modifications in days
LoanPro is never our long pole. We know that we are at the stage where anything is entirely possible, and it wasn't with our previous platform.
With the product that the agents were using before, they had to toggle in a lot of different places to efficiently service loans. LoanPro brought that all into a single place.
It's good to have a strong partner that focuses on technology and building an infrastructure platform. We get more leverage out of having a partnership than building something internally.
Frequently asked questions
What is auto loan software and how does it differ from auto loan management software?
What features should I look for in auto loan origination software?
The best auto loan origination software must handle both direct and indirect lending channels. Essential capabilities include:
- Automated credit decisioning with configurable underwriting rules
- API integration for indirect lending workflows
- VIN tracking and collateral management
- Digital contracting with eSignature support
- Fraud detection and KYC compliance automation
LoanPro's auto loan origination system combines these features with complete configurability. Our automotive finance software connects with major dealer networks while giving you control over underwriting rules and pricing without requiring IT resources.
Can your platform support both direct-to-consumer and indirect dealer lending?
Yes, LoanPro's auto finance software supports both direct consumer lending and indirect dealer financing from one configurable system.
- For indirect lending, our API-first architecture integrates with your origination partners to enable instant credit decisions and fast funding. Our vehicle loan management software provides configurable workflows for consistent underwriting across your dealer relationships.
- For direct lending, you can use our integrated frontend application for borrower-facing experiences, or leverage our API to build custom online applications with instant pre-approvals and self-service portals.
You can manage both channels with consistent underwriting while maintaining complete control over rates and credit policies.
How does auto loan servicing software reduce delinquency rates?
Build a high-performing auto lending portfolio with LoanPro today
Talk with our team about LoanPro’s auto loan servicing and origination software.