--- title: SMB Loan Origination Software description: Transform your loan origination process with Vikar's SMB software, offering seamless omni-channel submission, automated decisioning, and enhanced customer experience for small businesses. --- # SMB Loan Origination Software Vikar's SMB loan origination software stands out as a true differentiator in the market. We’re proud to be the only solutions provider offering true **omni-channel submission**, enabling SMB borrowers to apply in-branch, online, or effortlessly transition between both. Our seamless integration ensures a smooth and flexible experience every step of the way. Our software provides banks an end-to-end loan origination transformation that eliminates manual dropouts and enables cross selling opportunities to grow new accounts and deposits with local community business owners.    ![SMB - SMB Loan Origination](https://www.vikartech.com/hubfs/Website%20Images/SMB%20-%20SMB%20Loan%20Origination.png "SMB - SMB Loan Origination") # Designed for Efficiency and Growth Vikar's SMB Software tackles the outdated manual processes that plague traditional loan origination for small businesses. These processes are slow, inefficient, and require multiple interactions, hindering scalability and frustrating customers who demand fast, convenient digital services. Vikar's solution empowers banks to digitally transform the entire loan origination process for SMBs. Here's how: #### **OmniChannel Submission** SMB borrowers can apply online, in the branch, or seamlessly work between a combination of the two.  #### **Self-Service Portal** Ability to save and resume applications with self-service-portals for document uploads and status-tracking reduces friction in application process. #### **Straight-through Processing** Straight-through processing with immediate approval of online loan applications with auto underwriting and auto decisioning. #### **Integrated KYC & Due Diligence** Seamless integration from 3rd parties for identity verification/authentication, fraud checks, and OFAC. #### **Simplified User Interface** Customer information is stored and shared in a centralized repository that can be seen and shared across the bank allowing lenders to quickly review applications not fit for auto-decisioning. #### **Centralized Repository** Centralized repository that can be seen and shared across the bank allowing lenders to quickly review applications not fit for auto-decisioning. #### **Credit Analysis & Underwriting** Powerful comprehensive credit analytics including financial information and credit profile. #### **Scalability** A flexible platform that grows with your business, accommodating expanding needs and increasing complexity. #### **Upselling** When used in conjunction with the One Vikar Suite, provides the ability to bundle deposit account and treasury management services. ![SMBGrid-12](https://www.vikartech.com/hs-fs/hubfs/SMBGrid-12.png?width=2000&height=640&name=SMBGrid-12.png "SMBGrid-12") ![SMBGrid-13](https://www.vikartech.com/hs-fs/hubfs/SMBGrid-13.png?width=2000&height=640&name=SMBGrid-13.png "SMBGrid-13") ## ACCOUNT OPENING: Open accounts anytime in the loan process (within 3 minutes) either online or at the branch ![SMB - Market Opportunity](https://www.vikartech.com/hs-fs/hubfs/Website%20Images/SMB%20-%20Market%20Opportunity.png?width=1500&height=1000&name=SMB%20-%20Market%20Opportunity.png "SMB - Market Opportunity") ## The SMB Market Opportunity **  **There are over 33 million small businesses in the US employing 35% of the private-sector workforce. **** A 2024 Goldman Sachs survey found that 77% of small businesses were concerned about their ability to access capital.  **** An OnDeck survey reported that 70% of small businesses had less than four months of operating cash on hand. **** Large corporations have access to public markets but small businesses have fewer financing options available and consequently debt financing through loans emerges as their optimal choice for obtaining needed capital. ![CLM - Onboarding & KYC-1](https://www.vikartech.com/hubfs/CLM%20-%20Onboarding%20%26%20KYC-1.png "CLM - Onboarding & KYC-1") ## Core Support, Rules & AI **** **Core Integration.** Extensive support for tier-1 core providers - FIS - Code Connect - Jack Henry - VIP program - Fiserv - Admitted  **** **Rules.** The vendor should include support SBA Lending Rules. **** **Prepares you for AI.** AI and machine learning present a growth opportunity for lenders. Digitization of your infrastructures enables AI that can help make lending decisions faster and more efficient by improving the lender’s ability to quickly analyze data to create risk profiles and identify patterns. ** Support Direct Integration for Account Opening **- open accounts anytime in the loan process within (3) minutes either online or at the branch **** **Automated decisioning** - instantly approve loans based on your own model, reducing human intervention while improving the speed and quality of credit decisions.  #### Interested in learning more about Vikar's SMB Loan Origination? Let us assess the suitability of our SMB Loan Origination solution for your financial institution. [Book A Demo ](https://meetings.hubspot.com/nancy86) ![](https://px.ads.linkedin.com/collect/?pid=7466266&fmt=gif)