Loanstreet for

Credit Unions

Skyline

LoanStreet’s turnkey, online loan participation platform streamlines the process from origination to maturity. Manage private sales to close partners or open your deal up to our broader network of new buyers.

LoanStreet for Credit Unions
    LoanStreet for Credit Unions

      Selling Loans

      Increase income and liquidity while reducing risk.

      Our fully integrated, online loan platform automates and standardizes the sales process from origination to maturity, vastly expanding the market of potential buyers while making it easy and convenient to manage individual commercial loans to loan pools of any size so you can get the scale you need to more profitably manage your balance sheet and reduce risk.

      LoanStreet for Sellers
      Streamlined Processes
      • Onboarding assistance with your existing pools or with launching new opportunities.
      • Transparent pricing with access to every open deal giving you the knowledge you need to adjust your strategies as conditions change.
      • Active marketing of your deal to potential buyers based on their purchase history.
      • Hassle-free due diligence that allows multiple buyers to review institutional and loan information all at once in virtual data rooms, significantly reducing time and expense.
      • Standardized participation agreements used by hundreds of financial institutions are available free — saving you time and money on negotiating sale terms.
      Reporting & Analytics features
      • Proprietary analytics powered by our deep market data enables more accurate pricing and better loan pool formation saving you from leaving money on the table or never closing.
      • Automated financial and regulatory reporting every month for you and your buyers. Save time and money administering all sold loans, whether sold by you, through a third-party broker, or LoanStreet.
      • Eliminate costly errors with the assistance of LoanStreet’s platform. Our research suggests that credit unions are losing potentially millions of dollars in servicing income each year as a result of compliance and overlooked calculation errors.
      Best-In-Class Compliance
      • Financial compliance features help you manage your portfolio in a way that is compliant with both GAAP accounting NCUA Regulatory and support for CECL compliance too.
      • Industry-leading security through cloud-based, encrypted data storage and transmission of your monthly report data.
      LoanStreet for Buyers

      Buying Loans

      Growing income and diversifying your balance sheet is hard. We make it easy.

      Gain immediate access to a wide variety of loan offers from different types of lenders with no exclusivity, no fees, and no minimum purchase requirement while receiving consolidated monthly reporting of every purchase you make.

      Streamlined Processes
      • Easy and free registration to set up an institutional account. You can give controlled access to as many people in your credit union as you need for no additional fee.
      • Total Transparency provides the identity of the sellers and their pools on our platform empowering you to make informed decisions before you buy.
      • Standard Agreements used by hundreds of credit unions are available for free — and can help get you to closing faster.
      • Detailed information at institutional and loan level makes it easy to make an informed pre-purchase due-diligence purchase decision.
      Reporting & Analytics
      • Fast and robust reporting through a single, consolidated report each month with history from every seller and summaries you can cut-and-paste into filings and statements.
      • Accurate results reported for every loan you’ve purchased allows you to you expedite compliance requests and help make audits a breeze.
      • Full Program Analytics allow you to understand the actual results of all your purchases and the performance of various sellers, pools and loan types across transactions.
      Best-In-Class Compliance
      • Financial Compliance features help you manage your portfolio in a way that is compliant with both GAAP accounting NCUA Regulatory and support for CECL compliance too.
      • Industry-leading Security uses cloud-based encrypted data storage and means your monthly data report is always transmitted safely.

      Grow your lending network. Streamline your loan sharing processes. Drive better results.

      Get Started Today