Lucro Commercial Solutions, a leading provider of commercial lending support and a wholly owned credit union service organization (CUSO) of Corporate One, has launched its latest innovative platform to help credit unions drive efficiency and competitiveness. Called Loan Split, this new marketplace platform enables quick and seamless buying or selling of commercial loans with little to no cost to your credit union.  

Key benefits include the following: 

  • Time savings: Say goodbye to lengthy and cumbersome loan buying or selling processes. Creating a loan participation has never been easier with the intuitive portal that includes built-in templates and document management. 

  • Cost Savings: A competitive, simplified pricing structure allows for unlimited use of the Loan Split platform with no obligation. 

  • Access to credit union network: Gain access to a network of geographic buyers and sellers, providing opportunities to expand your commercial portfolio and enhance your business reach. Loan Split enables direct communication with other institutions within the platform.  

  • Enhanced control and flexibility: Take charge of your loan distribution channelcreate your own network of buyers, and seamlessly manage and customize your balance sheet. 

  • Expert support: Take advantage of Lucro’s experienced team as much or as little as you need to assist you throughout the loan buying or selling process.  

Visit Lucro’s website to learn more.