Lucro Commercial Solutions, LLC is a premier commercial lending partner for credit unions looking to enhance their business lending program. With over 825 years of collective commercial lending experience, our team of experts is dedicated to providing the support and expertise needed for credit unions to thrive in today's competitive landscape.
We understand the importance of excellent member service and the challenges faced by credit unions in providing it while also managing a commercial loan program. That's why we offer a range of services including underwriting, loan servicing, documentation, and the development of commercial lending policies and procedures. Our goal is to take on the heavy lifting so credit unions can focus on providing exceptional service to their commercial borrowers.
At Lucro, we are committed to embracing digital transformation and developing innovative business lending technology solutions for our partners. Our user-friendly small business lending portal, streamlined LOS lite, and dynamic loan participation marketplace are designed to meet the needs of credit unions of any size and level of sophistication. And with the support of our experienced and dedicated team, our technology solutions are seamlessly integrated into your business lending program.
Unlike traditional fintech companies, Lucro is a service-first CUSO. Our primary focus is on providing the support and expertise needed to help credit unions succeed in the fast-paced digital world. We understand that every credit union is unique, which is why our services are customizable and can be tailored to meet the specific needs of our partners. Whether you are just starting your business lending journey or managing a mature portfolio, we are here to help you succeed.
Since our inception in 2003, we have underwritten over 30 billion in commercial loans for our partners, with delinquency and net charge-offs well below the national average. Our services are a la carte, meaning you can use our team as much or as little as needed to achieve success. We make fixed costs variable and work to fill any gaps you may have in your commercial lending program.
At Lucro, we are passionate about helping credit unions thrive in the ever-evolving world of commercial lending. Let us be your partner in success and take on the heavy lifting while you focus on providing excellent member service. Contact us today to learn more about how we can enhance your commercial loan program.