About LoanCraft
LoanCraft is a company based in Troy (United States) founded in 2003. It operates as a B2B, and SaaS. The company has 128 employees as of December 31, 2021. LoanCraft offers products and services including Loan Automation, Income Service, Delegated Fulfillment, and IncoSure Product Line. LoanCraft operates in a competitive market with competitors including Lumos, SBFE, FSCO, Knowledge Bank and Mortgage Broker Tools, among others.
- Headquarter Troy, United States
- Employees 128 as on 31 Dec, 2021
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Loancraft, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
128
as on Dec 31, 2021
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Products & Services of LoanCraft
LoanCraft offers a comprehensive portfolio of products and services, including Loan Automation, Income Service, Delegated Fulfillment, and IncoSure Product Line. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates loan processes to enhance efficiency for financial institutions.
Provides accurate income analysis for loan approvals and risk reduction.
Handles loan origination to help banks increase volume without added costs.
Offers automated income verification for streamlined lending processes.
Funding Insights of LoanCraft
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by LoanCraft
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - LoanCraft
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Loancraft Comparisons
Competitors of LoanCraft
LoanCraft operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lumos, SBFE, FSCO, Knowledge Bank and Mortgage Broker Tools, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Lumos is engaged in providing data analytics for financial institutions.
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| domain | founded_year | HQ Location |
Provider of small business credit data exchange and risk management tools
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| domain | founded_year | HQ Location |
Web3 financial infrastructure and AI solutions for agribusiness are provided.
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| domain | founded_year | HQ Location |
Lenders database is maintained for mortgage brokers' searches.
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| domain | founded_year | HQ Location |
Software for mortgage advisors
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about LoanCraft
When was LoanCraft founded?
LoanCraft was founded in 2003.
Where is LoanCraft located?
LoanCraft is headquartered in Troy, United States.
How many employees does LoanCraft have?
As of Dec 31, 2021, the latest employee count at LoanCraft is 128.
What does LoanCraft do?
LoanCraft specializes in automating loan processes and calculating income for financial institutions, helping them streamline approvals and reduce risks. The company provides services like API integrations, document management, and outsourced origination for mortgage lending. Based in Troy, Michigan, USA, it serves banks and lenders by enhancing efficiency and compliance through innovative tools and consulting. Their solutions address challenges in lending, such as income verification for self-employed borrowers.
Who are the top competitors of LoanCraft?
LoanCraft's top competitors include Lumos, SBFE and Knowledge Bank.
What products or services does LoanCraft offer?
LoanCraft offers Loan Automation, Income Service, Delegated Fulfillment, and IncoSure Product Line.
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