Loan By Phone Benefits

Convenience
The AnyHour Loan-By-Phone service provides 24 hour a day, 7 day a week access to your loan products. You can now be confident that potential loan applicants will be able to reach a loan operator any time they wish. Our staff will quote rates and payments, answer questions about your loan products, and take loan applications from your callers wherever they may be. This can only increase your financial institution's competitiveness.

Flexibility
AnyHour Lending has designed our application taking and decisioning software to allow for a high degree of customization. Your financial institution can modify just about every aspect of the AnyHour Lending program to meet your needs. The exact loan application that you use can be programmed into the system. Your rate grids, your loan parameters, and your institution’s information will be at our operator's fingertips.

Low Cost Entry
Implement the AnyHour Loan-By-Phone service for a very reasonable one-time setup fee. Any size financial institution can benefit from the effectiveness of this lending service without the need for a large investment. Low per-application costs will continue to make the AnyHour Loan-By-Phone service a profitable part of your loan service package.

Efficiency & Cost Control
Cost analysis studies have proven that AnyHour Lending can take loan applications at a much lower cost than having your loan staff perform this function. You want your talented loan officers to be selling loans and looking for new business, not filling in the blanks of an application.

Degrees of Sophistication
The AnyHour Loan service can be customized to meet your financial institution's needs. Give your loan officers the opportunity to be proactive by adding the option to review the name and phone number of callers requesting rates if you utilize risk based or relationship pricing. Add immediate approval to maximize the convenience of our Loan-By-Phone service. AnyHour Lending can even transmit loan applications to your data processing software electronically. Please feel free to contact us at any time to discuss your needs.

Overflow Control
Financial institutions are constantly trying to minimize overhead costs. You maintain staffing levels that are optimal for normal levels of business. When a successful marketing promotion over-burdens your loan staff, AnyHour Lending can relieve the pressure and continue to provide outstanding service to potential loan customers. With the AnyHour Loan-By-Phone service, you will never have to put potential loan business on hold again.

Cross Selling of Insurance
At No Additional Cost! AnyHour Lending understands the importance and profitability of credit life and disability insurance. That is why we work with all of the major insurance providers. We can quote loan payments with and/or without insurance coverage to your loan applicants. There is no additional charge to your financial institution for any successful insurance sales. We can help you increase your credit insurance penetration without increasing your costs.

Refinancing of Other Loans
The AnyHour Loan-By-Phone service can identify loans off of the credit bureau that are with other financial institutions. You have the capability to identify loan types you would like us to cross sell for refinancing with you. You do not want us cross selling refinances to members who do not have credit history to allow you make these loans. For each loan type, a minimum credit bureau score is identified and cross selling is only offered to those have score greater than the minimum. AnyHour Lending will help you realize loan growth not only via new loans but from refinancing of existing loans that are presently with someone else.

Management Reports Available
Each month, AnyHour Lending can prepare a call activity report for your use. These reports can be designed to meet your specific needs. Use these reports to enhance your marketing efforts or track the effectiveness of the AnyHour Loan service and your loan products. We will also send you a daily summary report of loan activity so that your loan officers can verify that all loan applications have been received and processed.