LoanSplit
Quickly and easily buy or sell commercial loans
LoanSplit gives financial institutions unlimited access to a commercial loan marketplace where loans of all types can be bought or sold.
Automate buying and selling of commercial loans
Broaden your network, connect directly with buyers and sellers on the platform, and execute transactions effortlessly.
Control your distribution channel
Buy/sell loans across the entire marketplace or selectively with institutions of your choice. Form a trusted partner group and designate preferred partners to enhance your network.
Flexibly manage your balance sheet
Easily manage internal and regulatory portfolio limits. Free up liquidity and/or diversify your lending portfolio geographically.
Access a dynamic marketplace for commercial loans
Created for credit unions by credit unions!
Cut costs and save time with automation
Buy and/or sell your loans based on geographic location
Control your distribution channel
Manage asset concentration risk and liquidity
Leverage Lucro’s experience and support staff
Communicate with institutions on the platform
Explore how our process
can help make loan participations easy
STEP 1
Registration & onboarding
It's easy! Lucro will request information and files related to your institution. Following this, you will be ready to buy and sell!
STEP 2
Customize the platform to suit your needs
You choose the types of loans you want to see from a collateral and geographical standpoint.
STEP 3
Build your network
You choose the institutions that you do business with and when in the process they have access to source documents. Looking for a specific institution? Remember to invite your friends. With just a few clicks, you can include any financial institutions. There's no cost to join, sell, or shop.
STEP 4
Buy and sell the easy way
Post your loan for sale in just a few minutes. With communication channels built into the platform, you can complete transactions without leaving the site. Interested in new loans? Check out our dedicated page to explore and consider potential purchases.
STEP 5
Time to close
Closing the deal has never been simpler. Use our built-in participation agreements or upload your own. With eSign capabilities, sealing the deal is a breeze!
Expand your reach
Join LoanSplit and redefine the boundaries of your institution's network. Expand your reach by effortlessly connecting with a broader market. Unleash the potential for quicker, more efficient transactions as your institution becomes an integral part of this dynamic financial ecosystem.
Simplify your life with electronic signatures
LoanSplit goes beyond facilitating commercial loan transactions by also simplifying the deal-closure process. Seamlessly sign all required documents within the platform for a quicker and more efficient transaction experience.
Want a sneak peek of LoanSplit?
Take a look at how LoanSplit improves the old, antiquated way of buying and selling loans by giving you the ease of flexibility and automation.
Start buying and selling today
Experience a seamless process all in one
convenient platform.
to select Esc to close