Model the parties correctly
A business application may involve an entity, several owners, authorized signers, guarantors, financial documents and collateral. appTRAKER keeps those relationships visible while allowing each lending product to use its own underwriting, documents and approval process.
Business-credit workflows can capture:
The lender determines which parties and documents are required by product, entity type, ownership and credit policy.
One business model, several products
appTRAKER can provide a shared business-applicant foundation across several credit products. Each keeps the data, underwriting and documents its program requires.
Business term loans and lines
Configure amount, term, pricing, use of proceeds, financial review, approval authority, documents and downstream handoff around the lender program.
Commercial vehicles and equipment
Add business auto, trucks, trailers, machinery or multiple collateral items, with the applicable valuation, advance, LTV, document and funding controls. Commercial equipment and trucks covers the heavier assets; auto lending covers business vehicles originated through the same channels as consumer auto.
Business credit cards
Use entity, owner, signer and guarantor requirements distinct from the consumer-card program, then pass the approved account information to the card system. Credit card origination covers both programs.
Leasing
Configure asset, residual, payment, term, pricing, documents and funding for business lease programs. See lease origination.
Specialty and agricultural lending
Represent specialized business collateral with the identifiers, values, valuation sources and documents appropriate to the asset — utility, farm and golf cart lending and powersports, marine and RV carry the collateral detail.
Direct, relationship and partner intake
Applications may begin through myLOAN, lending staff, a relationship manager, an authorized dealer or an API.
The source can determine the application questions, workflow, queue and communication while the lender maintains consistent authority and policy. Each participant sees the data, tasks, decisions and communications appropriate to its role: a direct business applicant works in the application itself, a dealer or partner using Dealer Portal sees the transaction information for its part of the deal, and myDEALER holds the wider partner relationship.
Underwriting and verification
appTRAKER can bring together business data, owner or guarantor credit, financial documents, bureau information, scorecards, collateral, fraud signals and third-party verification.
Configured rules can evaluate:
Routine criteria can be automated, with autoBOUGHT applying the lender policy and autoBUILT testing permitted structures where the program allows. Judgment, analysis and exceptions stay with the lender.
Documents and communication
Tasks and stipulations can differ for the business, owners, signers, guarantors and collateral rather than relying on one generic checklist.
Funding and downstream handoff
Funding controls can confirm approvals, authorizations, guarantees, insurance, collateral documents, invoices, contracts and other lender requirements.
At booking or boarding, supported interfaces can send business, customer, loan, collateral and document information to the applicable core, servicing, card, accounting or content-management system. appTRAKER manages origination; the downstream platform manages the account after the handoff.
Why appTRAKER for business lending?
One business-lending foundation across products
Businesses borrow for different reasons and through different channels. A company financing a truck has different needs from one requesting a credit card. An equipment purchase looks different from a line of credit. A dealer-originated transaction looks different from a business applying directly with its financial institution.
appTRAKER supports term loans, lines, commercial vehicles, equipment, cards, leases and specialty programs through configuration on one origination foundation.
Understand the business → Connect the people → Evaluate the credit → Understand the asset → Apply your policy → Complete the transaction
appTRAKER
Configurable, scalable loan origination built around your products, channels and credit policy.
Explore →myDEALER
Dealer relationship management, built into the origination workflow.
Explore →myLOAN
A branded online application experience that feeds straight into appTRAKER.
Explore →autoBOUGHT
Your virtual underwriter — automated, 24/7 credit decisioning.
Explore →launchPAD
Essential origination tools for startup lenders and new programs.
Explore →Fraud Intelligence
Identity, phone, location, address, and bureau signal intelligence at the point of decision.
Explore →Dealer Portal
Give your dealer network one connected place to submit, work, and close deals with your lending team.
Explore →CONNECT
Two-way SMS and email between your lending team and applicants, tied to the loan.
Explore →autoBUILT
Configurable workflow automation for your origination process.
Explore →appTRAKER DOCS & FORMS
Document management, form generation, Form Packs and eSign — built into the LOS.
Explore →Frequently asked questions about business lending
Can one application include a business and multiple guarantors?
Yes. appTRAKER can represent related entities and people according to the configured product and lender requirements.
Can business and consumer credit both be used?
Supported business and consumer credit information can participate in the configured underwriting process when appropriate and permissible.
Can appTRAKER support business cards, equipment loans and leasing?
Yes. The platform can support different business-credit products with distinct data, rules, documents and downstream systems.
Can appTRAKER support commercial lines of credit?
Yes. appTRAKER can manage configurable origination workflows for lines of credit. Ongoing draws, balances and statements remain with the system responsible for the account.
Can appTRAKER collect business documentation?
Yes. Lender-configured stipulations and documents can include items such as EIN documentation, formation documents, operating agreements, bylaws, certificates of good standing, beneficial ownership information, guaranties and financial statements.
Can businesses apply digitally?
Yes. myLOAN and other supported direct channels can provide business-facing digital application experiences configured around the lender requirements.
Can business vehicle or equipment loans come through dealers?
Yes. Dealer Portal and supported integrations can participate in dealer-originated lending workflows for lender-approved business vehicle and equipment programs.
Does appTRAKER perform loan servicing?
No. It manages origination and can exchange supported information with the system responsible after boarding.