LoanWell

LoanWell is an automated loan origination and management platform tailored for mission-driven lenders. Founded in 2017 and based in Durham, North Carolina, the company provides a customizable, cloud-based solution that enhances the efficiency of lenders such as credit unions, community banks, and Community Development Financial Institutions (CDFIs).

The platform covers the entire lending lifecycle, offering features for borrower intake, application processing, underwriting, closing, servicing, and reporting. It includes custom-branded landing pages, automated workflows, e-signature capabilities, and robust security measures. LoanWell's API-enabled platform integrates various tools, making it adaptable for lenders focused on supporting small businesses and local economies. The company has facilitated significant loan programs, including a $140 million initiative in North Carolina, demonstrating its commitment to community impact.