Loan servicing | Moov
Modern tools for loan servicing platforms
Power your loan servicing platform with efficient payment management, automated compliance, and real-time insights to serve borrowers better.
Barriers to efficient loan servicing
Payment process inefficiencies
Manually managing payments, fees, and reconciliation creates operational bottlenecks and increases the risk of errors.
Limited payment flexibility
Outdated systems restrict borrowers’ payment options, leading to dissatisfaction and higher support costs.
Tracking and reporting gaps
A lack of real-time tracking and robust reporting tools makes it harder to manage cash flow and identify issues.
Payment infrastructure tailored for loan servicing
Loan disbursement
Loan originators fund a loan and then disburse to the borrower with ACH, TCH RTP®, FedNow®, or push to debit cards.
Push to card
Reach any bank account instantly with Moov's direct connections to Visa Direct and Mastercard Send.
RTP & ACH
Send large disbursements instantly with TCH RTP® or FedNow®, or fall back to tried and true ACH to reach any bank account.
Loan repayment
Offer more ways for borrowers to repay their loan with pay by bank, debit cards, and digital wallets.
Interchange incentives for debt
Allow users to make a loan payment with a debit card with a capped interchange rate from the card brands.
Recurring payments
Create a schedule to charge the user on each occurrence. Keep card details up to date with card account updater.
Simple onboarding for lenders
Financial institutions and fintechs breeze through onboarding with questions tuned specifically for their use case.
Hosted or embedded onboarding
Capturing data is easy, but handling exceptions with a great UX takes time. Use our experience to get to market faster.
Form shortening
Ask for less and improve accuracy. Fetch business details from an email address and autocomplete addresses.
Moov is a team of builders who truly understand payments at a fundamental level. They don’t just accept the status quo. Instead, they ask, ‘How should this actually work?’ and build accordingly. Payments are a critical component of lending, and Moov brings valuable insights and expertise, helping LoanPro ensure payments are timely, reliable, and seamlessly integrated into the lending experience.
Rhett Roberts
Co-founder & CEO, LoanPro
Get started today.
Let’s discuss your unique needs and show you how Moov can help. We can build something together.