While it may not be the most glamorous task, submitting loan performance data every month is a crucial part of our trusted partnership. When you keep your deals up to date, Lendio can optimize borrower outcomes, improve the overall lender experience, and more accurately determine renewal eligibility. In short, it’s a win-win for everyone involved.
To make reporting even easier, lending partners can now submit updates directly through the Lendio Portal, using one of three straightforward methods:
- Manual Entry: For one-off updates or smaller portfolios, using manual entry in the Lendio Portal is as easy as 1, 2, 3.
Simply (1) search for the Deal ID, (2) confirm it’s in the funded stage, and (3) update the repayment status.
- Bulk CSV Upload: If you’re working with larger batches of data, consider using a CSV upload in the Lendo Portal. For this method, lenders can import “Loan Performance” in the admin section of the portal.
All you have to do is upload a CSV file, match column headers with Lendio's required fields, and wait for the process to complete. We’ve even included a CSV template to help ensure correct formatting!
- API Integration: High-volume lenders can take bulk reporting one step further with Lendio’s Loan Performance Tracking API integration. By submitting a custom code request, you can submit up to 10,000 records at a time.
If you don’t have API access, your dedicated Customer Success Manager (CSM) can begin the setup process and provide full technical documentation.
With these reporting pathways, Loan Performance Tracking is more accessible than ever. Remember, keeping data current = happier borrowers and a more streamlined Lendio ecosystem overall. We wouldn’t be here without partners like you, and can’t wait to keep improving outcomes, together.
