Configure logo

Configure

by Evolve Credit · Since 2019
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorEvolve Credit
Year launched2019
StatusActive
LocationGlobal Headquarters Wilmington, Delaware 19808, US
Countries servedGlobal
Languages11
IntegrationsN/A
Free tierN/A
Free trialN/A
Contact salesYES

About Configure

Configure is a cloud lending software from Evolve Credit that provides tailored infrastructure for banking and financial services. It combines lending management, payment processing, and compliance tracking so financial institutions can manage their operations efficiently. This platform supports various financial products, including loans and banking services, enabling institutions to scale according to their needs. Configure is designed for use by financial institutions of all sizes and offers customizations to meet specific regulatory requirements. Key capabilities: lending management payment processing compliance tracking reporting tools customization options Best for: financial institutions that need a flexible and comprehensive solution for their lending and banking operations.

Evolve Credit's Configure Core Lending Platform presents itself as a robust and adaptable solution for financial institutions seeking to digitize and streamline their lending operations. Designed to cater to a diverse clientele, from fledgling digital lenders to established national banks, the platform emphasizes flexibility and customization, allowing for the launch of over 200 unique loan products. This adaptability is crucial in a rapidly evolving financial landscape where institutions must tailor their offerings to meet specific market demands and customer needs. The platform's ability to manage the entire loan lifecycle, from application and disbursement to collection and recovery, within a single, secure environment is a significant advantage. The reported average collection and recovery rate of over 95% underscores the effectiveness of its recovery tools and processes, which are vital for maintaining a healthy loan portfolio. The focus on providing a "single source of truth" for data management is particularly noteworthy, as it facilitates informed decision-making and enhances operational efficiency.

Pros & Cons

Pros
  • Highly Flexible & Customizable – Institutions can tailor the platform to their needs.
  • Fast Implementation – Average time-to-market is 5 days.
  • Strong Recovery & Collection Features – 95%+ collection & recovery rate.
  • Cloud-Based for Scalability – Can be accessed anywhere with the internet.
  • Robust Analytics & Reporting – Provides actionable insights for better decision-making.
Cons
  • No Mention of Free Trial or Transparent Pricing.
  • Limited Public Documentation on Features & Integrations.
  • Primarily Designed for Financial Institutions – Not suitable for non-financial businesses.
  • Dependence on Internet for Cloud Services – May be challenging in regions with poor connectivity.
  • Unclear Global Reach – Countries supported are not explicitly stated.

Features

Key features

1. Core Lending Platform

End-to-end loan lifecycle management.

2. Loan Transaction Tracking

Users can track loan history, update personal data, and adjust credit limits.

3. Advanced Analytics & Reporting

Gain insights into financial performance and customer behavior.

4. Customizable Branding

Institutions can modify UI to match their brand identity.

5. Cloud-Based Infrastructure

Ensures accessibility, scalability, and cost-efficiency.

Additional features

1. Consumer Lending Management
2. SME & Group Lending
3. Loan Application Processing
4. Credit Scoring & Risk Management
5. Loan Disbursement & Collections
6. Loan Repayment Scheduling
7. Customer Self-Service Portal
8. Automated Loan Underwriting
9. Real-time Transaction Monitoring
10. Data Analytics & Insights
11. Regulatory Compliance Tools
12. API Integrations
13. Multi-Level User Roles & Permissions
14. Cloud & On-Premise Deployment Options

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
11
Interface languages
3
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchRussianChineseJapaneseKorean

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP

No reviews yet

Be the first to drop a review

Alternatives to Configure

Bridgin logo

Bridgin

Bridgin is a communication software from Bridgin that facilitates virtual networking. It provides features such…

Commercial Servicer logo

Commercial Servicer

Commercial Servicer is a servicing software from FICS that helps manage commercial loans. It provides…

AssetWriter logo

AssetWriter

AssetWriter is an Asset Based Lending (ABL) software from finsoft designed for auditing, field examination,…

X

XetusOne

XetusOne is a cloud-based software platform from Xetus that provides a comprehensive solution for project…

Trade Ledger logo

Trade Ledger

Trade Ledger is a business lending software from Trade Ledger that focuses on advanced working…

Silcube logo

Silcube

Silcube is a project management software from Silcube Software that focuses on facilitating team collaboration.…

Spot something wrong or outdated?

Suggest a correction — a reviewer verifies every change.

Often compared with Configure

Compare any two tools →
Bridgin logo
Bridgin
Construction Management
0.0
Commercial Servicer logo
Commercial Servicer
Commercial Loan
0.0
AssetWriter logo
AssetWriter
Commercial Loan
0.0
X
XetusOne
Loan Origination
0.0