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Loan files and financial institutions

Question: 
What are the main use cases for loan files?
Answer: 

Whether maintained in hard copy or digital formats, loan files serve as a primary source of truth for a financial institution’s lending relationships. Typically, one loan file is kept per borrower and houses a variety of important documents, such as applications, financial documentation, collateral information, and other pertinent details.

Continue reading about loan files.

Vendor: 

Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions. Our unique approach spans the complete transaction ecosystem —capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise.
www.alogent.com

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+1-678-966-0844

First published on 11/17/2024

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