Financial Software & Services
Commercial Lending Software
Tell us about your project.
Our end-to-end development process ensures a product that’s efficient, secure, and highly responsive to your strategic goals.
Why Choose Orases?At Orases, we leverage our deep expertise in custom software development to create payment applications that revolutionize the way businesses handle transactions. Our tailor-made solutions are designed to meet the specific needs of our clients, providing a seamless and secure experience for end-users across various platforms.
Our commitment to innovation extends beyond functionality, as we prioritize user-centric design to ensure our applications are intuitive and engaging. By integrating the latest in encryption and compliance standards, we deliver peace of mind alongside performance, solidifying trust in our technology. This approach not only simplifies the payment process but also opens up new avenues for businesses to grow their customer base and enter new markets with confidence.
Custom Software We Develop
Engaging solutions that are proven to work.
Orases has developed a wide range of custom software solutions across a multitude of industries over the years. Here is what we offer our business clients, regardless of the size or industry they operate in:
Advanced Web Applications
We will design and develop applications for your organization’s website. These applications are well-optimized for performance without sacrificing security.
API Development
The APIs developed at Orases provide businesses with the ability to run testing automations to check app performance, are able to integrate with multiple apps & systems and can be adapted to new processes & software.
Application Modernization
If your product is using legacy software and needs to be updated, Orases will perform a complete refactor of the code. This will allow it to be faster and more customizable when attempting to use or update the program.
Application Re-Engineering
Our custom software developers are committed to eliminating bugs and issues with all types of software solutions and applications. We will work to keep your organization’s software up and running without problems.
Auditing Software
Businesses that acquire custom audit software are able to improve efficiencies by automating audit-related processes. All custom audit software we develop adheres to all industry compliance regulations.
Case Management Software
Organizations in fields that involve case work can benefit from case management software. Our case management software improves internal communication, information sharing between departments & report generation.
Cloud Applications
Our custom software development team develops cloud applications that use remote servers for processing logic, can be accessed through internet browsers and offers the same functionality of a native app with additional key advantages.
CRM Software
With CRM software, businesses are not only able to improve customer relationships but can also increase productivity, improve lead generation and strengthen their security.
E-commerce Applications
We will develop an e-commerce application for organizations looking to sell their products online. These applications will enable companies to accept payments and handle every portion of commerce online.
Enterprise Applications
Enterprise applications allow companies to conduct important business operations. We will assist your organization in the development of a custom enterprise application.
ERP Software
The custom ERP software solutions we develop have been proven to effectively consolidate data and streamline processes with advanced automations and integrations.
Grant Management Software
The grant management software solutions developed at Orases are designed to simplify the grant application process, provide advanced reporting capabilities and can integrate with existing CRM, BPM or ERP software systems.
HIPAA Compliant Applications
Businesses and organizations which operate within HIPAA compliant industries are required to have secure applications which adhere to HIPAA compliance guidelines. We have years of experience developing secure and innovative HIPAA compliant applications.
Inventory Management Software
By integrating inventory management software with a custom warehouse management system, organizations are able to view precise inventory levels, improve order management efficiency, and increase the accuracy of sales forecasting.
Legacy Systems
Regardless of the system your organization works with, our team will develop legacy software for you to use. We have extensive experience with a range of technologies & will work to create your application using the legacy software.
SaaS Applications
Software as a service (SaaS) allows companies to purchase your software on a subscription basis. Our team will develop a SaaS application to maximize your organization’s profitability.
System Integration
We are able to integrate systems & applications that handle accounting, customer relationship management, content management, enterprise resource planning and reporting to provide businesses with seamless communications.
Warehouse Management Systems
Through the implementation of a custom warehouse management system, supply chain organizations are able to optimize workflows, streamline processes, and view real-time data across all locations and points of the supply chain lifecycle.
Web Portals
The development team here at Orases has years of experience building highly custom web portals which focus on improving process efficiencies and enterprise-wide collaboration through user-centric features, advanced automations, and seamless third-party software integration capabilities.
Notable Features & Functionalities Commercial Lending Software Offers
What Orases lending software can provide for you.
Gain a competitive edge and ensure the highest standards of compliance and risk management.
Increased Process Efficiency
Automate and streamline all phases of the commercial lending cycle, from origination through servicing to default management, saving time and reducing errors.
Customization At Your Fingertips
Tailor the software’s features to match your unique business model and customer needs, ensuring a perfect fit for your operations.
Enhanced Risk Management
Implement robust risk analysis tools that allow for early identification and mitigation of potential risks, safeguarding your portfolio’s integrity.
Scalable Growth Support
As your business grows, the software scales with you, handling increased volumes and complexity without a hitch.
Regulatory Compliance
Built-in compliance functionalities ensure that your operation adheres to the latest regulations, protecting you from potential legal and financial penalties.
Streamlined Loan Origination & Servicing
Our software supports seamless loan origination, allowing for thorough underwriting, verification, and funding processes, all while providing robust tools for loan servicing.
Data-Driven Decision Making
Access to real-time analytics and reporting gives you the insights needed to make informed decisions and strategize effectively.
Advanced Default Management
Our platform enhances your ability to manage defaults effectively, equipping you with tools to generate action-triggered queues, automate promise-to-pay agreements, and streamline legal proceedings, such as bankruptcies.
In-Depth Business Analysis
Our system enables you to segment and analyze data, generate detailed management reports, and interface directly with any general ledger system, providing both detailed and summary export options.
Commercial Lending Software Development Costs
A frame of reference when planning for your organization’s custom software project.
Pricing for custom software development can vary greatly, depending on functionality/feature requests, technology stack requirements, and expected completion timeline.
$50,000 – $200,000
Developing smaller general software solutions with some complex features.
$500,000 – $1,500,000
Developing specialized software programs that can be designed for customer use.
$2,000,000+
Developing massive software projects designed fully automate large business operations.
Custom Software Development: The Ultimate Guide
Ranging from tips on when to choose custom software and how to choose the right custom software development company to what to expect during development, our ultimate custom software development guide has it all.
Custom Software Development GuideThe Orases Process
How we work, from start to finish.
Our commercial lending software development team has years of experience designing and developing unique & innovative custom software using a streamlined, repeatable process.
Idea
This involves documenting key business processes and eliciting needs and concerns from stakeholders. Additionally, risks associated with introducing new software are evaluated, and mitigation measures are planned. For commercial software products, this phase also includes conducting competition analysis, understanding the target audience’s needs, defining product differentiation, and addressing obstacles to market entry, such as regulatory barriers.
Define Goals
Defining goals involves composing a comprehensive list of requirements and expectations, ensuring alignment between stakeholders and the development team. By starting with a precise definition of the project’s specific requirements and scope, clarity and focus are ensured, laying a solid foundation for the development process to follow.
UX/UI Design
UX/UI design will determine the software’s appearance at the user level, defining app architecture, and integrating existing enterprise systems for cost-effectiveness and reliability. Additionally, UX research is conducted to outline user personas and scenarios, followed by the creation of wireframes and clickable prototypes to visualize user interactions.
Development
Our development team begins working on the essential components of the software. This involves continuous delivery of new software parts, with ongoing analysis of emerging needs and release planning. Mockups are delivered and reviewed to ensure alignment with requirements before developers proceed with developing, testing, and migrating approved software parts to staging and production environments for deployment.
Testing
Orases will conduct thorough verification of functionality and performance, including performance monitoring and utilizing analytics tools for ongoing evaluation. Feedback is gathered from project sponsors and users on the results of the release, and the outcomes are reviewed to approve the scope of the next release. Continuous improvement is prioritized through iterative testing and refinement based on insights gained from monitoring tools.
Deployment
Deployment involves pushing the finalized product to the live server and conducting user testing to ensure it meets stakeholder expectations. Additionally, software monitoring processes are established to track performance and address any issues that may arise post-deployment.
Training & Support
This step includes conducting project evaluations and performing knowledge transfer sessions to your in-house IT team or other vendors involved. Comprehensive training and documentation are offered to users, empowering them to utilize the software effectively. Finally, a final report is provided, and confirmation for project closure is requested to conclude the development cycle.
Awards & Recognitions
Proof our commercial lending software continues to excel.
Industries We Build Custom Software For
Software built to address specific needs of organizations everywhere.
We tailor fit software to address the specific needs, pain points, and processes for the following industries.
Our Commercial Lending Software Speaks For Itself
But so do our clients.
Logan Gerber – Marketing Director at NFL Foundation
“Orases successfully built efficiencies into our prototype and delivered a high-quality platform.”
Matt Owings – President at Next Day Dumpsters
“They’re honorable, reputable, and easy to work with. They genuinely care about the outcome and want to do a good job.”
Donald J. Roy, Jr., CPA – Executive Vice President at American Kidney Fund
“Orases built a platform that’s boosted productivity by about 30%…”
Torey Carter-Conneen – Chief Operating Officer at American Immigration Lawyers Association
“Not only do they want to succeed, they strive to produce functionally and visually unique software.”
Frequently Asked Questions
Answers to the questions that’s been on everyone’s mind.
How Does Commercial Lending Software Improve Loan Processing Efficiency?
The software automates many of the manual tasks associated with loan processing such as data entry, document verification, credit scoring, and risk assessment. This reduces the time and labor involved in processing loans, enabling faster decision-making and improved operational efficiency.
Can Commercial Lending Software Integrate With Other Banking Systems?
Yes, commercial lending software typically integrates with other banking systems such as CRM systems, core banking software, accounting systems, and regulatory compliance databases. This integration ensures seamless data flow and accessibility, improving efficiency and reducing the risk of errors.
What Types Of Loans Can Commercial Lending Software Handle?
Most commercial lending software is designed to handle a variety of loan types, including term loans, lines of credit, commercial real estate loans, SBA loans, and equipment financing, among others. The software can be configured to support the specific products offered by a financial institution.
How Does Commercial Lending Software Handle Risk Assessment?
The software includes risk assessment tools that analyze borrower financials, credit scores, market data, and other relevant factors to assess the risk associated with each loan application. Some systems utilize AI and machine learning algorithms to enhance risk prediction accuracy.
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