What is LoansNeo?

LoansNeo is a lending management software developed for Banks and NBFCs. It comes with custom workflows, visual analytics, and AI-based recommendation features and can simplify loan origination, journey management, scheduling, payment tracking, and other activities.

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LoansNeo Starting Price

Awards
LoansNeo Award

Our Awards and Recognition

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Key Features of LoansNeo

Here are the powerful features that make LoansNeo stand out from the competition. Packed with innovative tools and advanced functionalities, this software offers a range of benefits.

  • Loan Origination
  • Credit Scoring
  • Document Management
  • Loan Servicing
  • Payment Processing
  • Customer Relationship Management (crm)
  • Compliance Management
  • Risk Management
  • Reporting And Analytics
  • Automated Underwriting
  • Collateral Management
  • Loan Restructuring
  • Collections Management
  • Disbursement Management
  • Multi Currency Support
  • Mobile Access
  • Integration Capabilities
  • User Access Controls
  • Audit Trail
  • Customer Portal
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LoansNeo Screenshots

LoansNeo Specifications

Get a closer look at the technical specifications and system requirements for LoansNeo. Find out if it's compatible with your operating system and other software.

Company Details :
Company Name : Damco Solutions Private Limited
Full Address : 101 Morgan Lane, Suite # 205, Plainsboro NJ 08536, USA
Overview Provided by : Mathew
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Language Support :
English
Business :
SMBs
Agencies
Enterprises
Available Support :
Email
Phone

LoansNeo Description

Here's the comprehensive description of LoansNeo. Gain a brief understanding of its unique features and exceptional benefits.

LoansNeo is an AI-driven solution for Banks & NBFCs for comprehensive lending operations management. Manage end-to-end customer journeys from lead to a customer, track payments, schedule loans, put penalties, and much more with LoansNeo.

LoansNeo Resources

LoansNeo Brochures Download Brochure

Overall LoansNeo Reviews

Thinking about using LoansNeo? Check out verified user reviews & ratings based on LoansNeo's features, user-friendliness, customer support, and other factors that contribute to its overall appeal.

4.9/5

Based on 8 Reviews

Write a Review Or
Ask a question
Feature Feature 5

Feature

Out of 5

Ease of use Ease of use 4.8

Ease of use

Out of 5

Value for money Value for money 4.3

Value for money

Out of 5

Customer support Customer support 4.6

Customer support

Out of 5

Likelihood to recommend Likelihood to recommend 92%

Likelihood to recommend

Out of 100%

LoansNeo Pros and Cons

"Easy integration with payment gateways and other marketing apps.Assists with risk profiling and predictive analytics for each customer.Facilitates faster interactions via inbuilt automated and customized approvals."

"What sets LoansNeo apart from other products is its transparency, from the easy application process to the transparent terms and efficient customer service. It requires no IT involvement and offers pre-built support for receivables, audit trails, ris"

"It is based on Salesforce’s gold-standard framework and can be customized to fit in the business needs appropriately. It offers flexible reporting with detailed data-based insights and can be configured easily."

"Failing to utilize the software to its full potential might be costlier, which can be one of the cons.It is advised to check if the software works well for your business-specific needs.Otherwise, there are no cons as such"

"As of now, I haven’t found any loopholes in the product. Instead, it can be customized according to the business needs."

"There is nothing to dislike about this product as it completely suits my organization’s needs."

SoftwareSuggest reviews are authentic and verified. Here's how.

Showing 3 out of 8 Reviews

John S.

Marketing Excutive

Used the software for : 1-2 years (Daily)

Company Size :201-500 employees

4.0

Apr 18, 2024

Verified via Business email.

Verified Reviewer

This review is written without any compensation or invitation from SoftwareSuggest, vendor, or affiliate.

Review Source: Organic

The Best-fit Lending Management Software for NBFC Business

As stakeholders in the NBFC industry, we sought to simplify ancillary processes such as payment tracking, scheduling, and loan origination. After reviewing its ratings and reviews, we were convinced to choose LoansNeo. We easily streamlined these processes with the help of its custom workflows, AI-based recommendation features, and visual analytics. Overall, we are satisfied with our experience with Damco.

Feature Feature 5

Feature

Out of 5

Ease of use Ease of use 4

Ease of use

Out of 5

Value for money Value for money 4

Value for money

Out of 5

Customer support Customer support 5

Customer support

Out of 5

LoansNeo Mobile App Experience

1 2 3 4 5 6 7 8 9 10

LoansNeo After Sales Service Rating

1 2 3 4 5 6 7 8 9 10

What do you like best about LoansNeo?

Easy integration with payment gateways and other marketing apps.Assists with risk profiling and predictive analytics for each customer.Facilitates faster interactions via inbuilt automated and customized approvals.

What do you dislike about LoansNeo?

Failing to utilize the software to its full potential might be costlier, which can be one of the cons.It is advised to check if the software works well for your business-specific needs.Otherwise, there are no cons as such

What features is LoansNeo currently missing?

No identify.

What other products like LoansNeo have you used or evaluated?

Not Yet

Edward M.

Field Services Manager

Used the software for : 1-2 years (Weekly)

Company Size :201-500 employees

5.0

Dec 06, 2023

Verified via Business email.

Verified Reviewer

This review is written without any compensation or invitation from SoftwareSuggest, vendor, or affiliate.

Review Source: Organic

Great Tool to Overcome Loan Lifecycle Inefficiencies

Overall, LoansNeo is a great tool for managing various facets of loan servicing operations, ranging from lead capture to customer acquisition. In addition to overcoming the inefficiencies of the loan cycle, this next-gen loan management software, developed on a gold-standard framework, helps deliver elevated and hassle-free customer experiences. This, in turn, increased our ROI.

Feature Feature 5

Feature

Out of 5

Ease of use Ease of use 5

Ease of use

Out of 5

Value for money Value for money 5

Value for money

Out of 5

Customer support Customer support 4

Customer support

Out of 5

LoansNeo After Sales Service Rating

1 2 3 4 5 6 7 8 9 10

What do you like best about LoansNeo?

What sets LoansNeo apart from other products is its transparency, from the easy application process to the transparent terms and efficient customer service. It requires no IT involvement and offers pre-built support for receivables, audit trails, ris

What do you dislike about LoansNeo?

As of now, I haven’t found any loopholes in the product. Instead, it can be customized according to the business needs.

What features is LoansNeo currently missing?

Nothing to find.

What other products like LoansNeo have you used or evaluated?

We haven’t checked any other products and this is our first choice.

Carol D.

Assistant Technology Head

Used the software for : Less than 6 months (Weekly)

Company Size :51-200 employees

5.0

Oct 09, 2023

Verified via linkedIn.

Verified Reviewer

This review is written without any compensation or invitation from SoftwareSuggest, vendor, or affiliate.

Review Source: Organic

Reliable Tool to Streamline Lending Operations

Having relied on traditional loan management systems, our business was severely impacted. We decided to leverage futuristic software to overcome inefficiencies in the loan management process. Thus, we chose Loans Neo based on its reviews and ratings. Damco customized the solution to make it a perfect fit for our company. As a result, the entire loan management process was streamlined, leading to increased efficiency and productivity.

Feature Feature 5

Feature

Out of 5

Ease of use Ease of use 5

Ease of use

Out of 5

Value for money Value for money 4

Value for money

Out of 5

Customer support Customer support 4

Customer support

Out of 5

LoansNeo After Sales Service Rating

1 2 3 4 5 6 7 8 9 10

What do you like best about LoansNeo?

It is based on Salesforce’s gold-standard framework and can be customized to fit in the business needs appropriately. It offers flexible reporting with detailed data-based insights and can be configured easily.

What do you dislike about LoansNeo?

There is nothing to dislike about this product as it completely suits my organization’s needs.

What features is LoansNeo currently missing?

None as such.

What other products like LoansNeo have you used or evaluated?

We relied on manual loan management processes earlier.

Alternatives of LoansNeo

Explore alternative software options that can fulfill similar requirements as LoansNeo. Evaluate their features, pricing, and user feedback to find the perfect fit for your needs.

LoansNeo FAQs

What apps do LoansNeo integrate with?

LoansNeo integrates with various apps:

  • Salesforce

What are the top 5 features for LoansNeo?

The top 5 features for LoansNeo are:

  • Activity Tracking
  • Pipeline Management
  • Marketing Management
  • Loan Processing
  • Application Management

What type of customer support is available from LoansNeo?

The available support which LoansNeo provides is:

  • Phone
  • Email

What types of businesses does LoansNeo serve?

LoansNeo serves a wide range of businesses, including but not limited to SMEs, Agencies & Enterprises.

Who are the primary competitors of LoansNeo?

The three major competitors of LoansNeo are Vision Commerce, Ellie Mae and E-Closing. Compare and evaluate their features, advantages, disadvantages, and other aspects to find the best option for your business.

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