Implementing Loan Accounting Solutions in Native American Communities
Tribal organizations support their community and members by making a wide array of loans with many different payment plans. To support their needs, a flexible and robust loan servicing system is a must. LA Pro is dedicated to serving the unique requirements of tribal loan accounting.
Providing Indian Reservations a Scalable Loan Tracking System
From small consumer loans to complex small business, agriculture, and construction loans, Indian Reservations support their community by offering flexible payment structures. This can easily be done using LA Pro’s loan accounting software which enables users to efficiently manage loans with multiple rate options and fee structures. Lenders are able to link to their existing core systems and easily interface with their general ledger and other external programs to avoid the loss of data or errors from manually entering redundant information.
Reports Specific to Tribal Loan Needs
Over 100 standard reports are available and many more can be created with our ad-hoc reporting capabilities. Custom data extracts can be tailored to meet specific management or program area requirements. Auditing capabilities monitor loan delinquencies and data field changes made by system analysts. Lenders that have implemented LA Pro’s software to specifically work with tribal loan servicing attest to its ease of use, powerful help system, and configurability of screen layouts.
LA Pro’s loan tracking software increases the efficiency of servicing loans by reducing the amount of time necessary to enter data and by eliminating errors made from entering data into multiple systems. The software can scale as your lending program grows, maintaining powerful functionality as loan volumes increase and as you diversify loan types available to community members.
Design Your Tribal Loan Servicing System With LA Pro
LA Pro is committed to our clients’ success incorporating industry-leading standard servicing features. Take a guided tour today of the LA PRO solution with our 45-minute detailed multimedia demonstration. Request our 90-day FREE Trial Offer or Contact Us for a customized live demonstration of the software and how it can specifically address your business needs.