MANTL Loan Origination will offer a unified experience across deposit and loan operations to supercharge consumer and business loan growth and modernize relationship banking
MANTL, a leading provider of account origination solutions, today announced the expansion of its account origination platform to support business and consumer loans. By creating one seamless platform for loan and deposit origination, MANTL will help banks and credit unions supercharge growth, create real-time cross-sell opportunities, improve customer and employee experience, and benefit from underwriting automation and enhanced back-office efficiency.
MANTL Loan Origination will simplify each step in the loan process, ensuring a smooth, high-quality experience across a variety of loan types, from personal loans to business financing. The MANTL platform streamlines the collection of borrower information and automates up to 100% of loan application decisions to optimize the loan account opening process for precision, speed, and scale. MANTL Loan Origination will drive loan growth and increase conversion rates, guiding bankers and borrowers from loan application through funding in under three minutes. With full digital signing, documentation management, and real-time funding, loans will be seamlessly booked into the core.
Benjamin Conant, co-founder and Chief Technology Officer at MANTL says, “We are building the world’s first relationship banking platform that pairs intuitive user experiences with unmatched automation to drive deeper customer relationships and transformational business outcomes. By integrating deposit origination and loan origination within a unified platform, we are creating the comprehensive infrastructure our customers need to manage relationships holistically and effectively. The synergy between deposit origination and loan origination unlocks new possibilities for superior automation and customer experience. For example, customers applying for a deposit account will be able to receive real-time, pre-approved loan offers at the point of sale, and then progress to a fully funded loan within seconds in the same session, or vice versa. The ability to enhance cross-sell opportunities, deliver instant value, and deepen customer and member relationships are endless.”
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MANTL Loan Origination will seamlessly integrate with all major core banking systems, delivering enhanced analytics, data-driven decisions, and streamlined loan servicing. Critical value propositions of MANTL Loan Origination will include:
- Increased customer growth: Achieve higher conversion rates and a faster time-to-approval to drive qualified borrower growth.
- Enhanced cross-sell: Engage borrowers with real-time cross-sell opportunities with tailored offers based on real-time insights, turning each interaction into an opportunity for loyalty and lifetime value.
- More personalized and inclusive lending decisions: Use real-time insights like cash flow and utility data to boost accuracy and expand loan access for non-prime borrowers.
- Built-in fraud mitigation: Reduce fraud with advanced fraud protection built into every step of the pre-approval workflow, securing your institution’s assets and safeguarding borrowers.
- Dynamic decisioning engine: Automated KYC and underwriting capabilities streamline your workflow, providing faster, more accurate assessments without sacrificing thoroughness.
- Improved operational efficiency: Streamline document requests, automate account openings, simplify collateral management, and self-configure loan products to meet your institution’s unique needs—all designed to reduce friction and enhance productivity.
- Automated eligibility verification and memberization: Seamlessly verify membership eligibility and automatically create memberships and primary shares within the account opening workflow.
MANTL entered the loan origination market in early 2024 with the launch of a digital Small Business Administration (SBA) loan application built in partnership with Grasshopper Bank. Small business owners can get pre-qualified for an SBA 7(a) loan at Grasshopper Bank in less than 10 minutes, and Grasshopper has achieved a significant increase in qualified leads and organic growth since launching in June 2024.
“As a fully digital bank, Grasshopper is proud to lead the way in meeting the evolving needs of business clients. Our long-standing partnership with MANTL has enabled us to establish client relationships the right way—through seamless, secure, and user-friendly onboarding experiences,” said Pete Chapman, Chief Technology Officer at Grasshopper Bank. “Expanding this approach to the traditional SBA loan process was a natural next step, and we’re excited to collaborate with MANTL to bring the same level of innovation, simplicity, and efficiency to small business lending nationwide.”
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