NACUSO Marketplace Provider
Organization Name: Lucro Commercial Solutions
NACUSO Membership: Standard
Year Formed: 2003
Description of Your Services: Custom small business loan portal; Commercial underwriting; Commercial loan documentation; Real Estate Process Management; Tickler Tracking; Commercial loan servicing
Services You Provide:
Business Lending:Underwriting Commercial Mortgage LoansServicing Commercial Mortgage LoansFunding Equipment LoansUnderwriting Equipment LoansServicing Equipment LoansFunding Inventory LoansUnderwriting Inventory LoansServicing Inventory LoansFunding Lines of CreditUnderwriting Lines of CreditServicing Lines of CreditReview of Loan PortfoliosSale/Purchase of Loan Participations in Business LoansSoftware for Business Lending
Why should a credit union use your services?: Lucro provides full back office services for commercial lending in a cost effective al a carte model to serve our partners. You can use us how you need us, when you need us. Lucro has a full staff of career underwriting professionals with an average of 20 years experience. We can also provide a CU branded, customizable online business loan portal backed with the full support of Lucro services.
Number of Credit Union Customers: 70
Percentage of Users/Customers that are Credit Unions: 95
Are You a CUSO?: Yes
Are there investment opportunities for credit unions?: No
Describe Your Business Model:Fee for services.
Are you currently seeking additional users/customers?: Yes
Do you offer discounts or other benefits for NACUSO Members?: No
Website Link: https://www.lucro.org
Contact Information:Heather BosenkoDigital Business Lending Center Manager3692 Coolidge Ct Tallahassee, FL 32311850-701-4073heather@lucro.org