Loans
Swiftly and accurately originate, process, and service loans with end-to-end capabilities. Track application status and easily make decisions on simple and complex applications on both the borrower and back office side.
Our cloud-based, commercially available platform offers a comprehensive suite of solutions, from loan origination and servicing to grant management and fraud detection, ensuring swift and accurate decision-making for complex government financial services.
With deep experience and expertise in the financial industry, Allocore streamlines and modernizes federal systems, enabling government to support Americans when it matters most. Built for speed and backed by proven results, Allocore offers an unrivaled platform that drives efficiency, simplifies operations, protects against fraud, integrates artificial intelligence, and delivers results at scale—ensuring critical finances reach those who need it most—fast.
Allocore drives loan program modernization with a strong sense of urgency, rapidly deploying operational systems while continuously refining them based on realtime data. Our proven platforms, agile processes, and industry experienced teams ensure we are always ahead, ready to deliver immediate solutions tailored to your needs.
Allocore seamlessly integrates leading technologies into a single, advanced platform to support the most complex loan and grant programs. By combining our core technologies with innovative partnerships, Allocore provides a complete, real-time solution that handles every step of the process with unmatched efficiency and precision.
Allocore is committed to providing ongoing, round-the-clock support and advisory, ensuring successful outcomes by dedicating representatives to customer teams. We continuously monitor and respond in real-time, adjusting our platform to deliver maximum efficiency and effectiveness while maintaining open communication at every step.
Allocore leverages AI-driven technology to increase customer efficiency and effectiveness, streamlining workflows by intelligently organizing, categorizing, and safeguarding documents. With automated parsing, fraud detection, and transcription capabilities, Allocore minimizes manual effort while enhancing security and operational precision.
Swiftly and accurately originate, process, and service loans with end-to-end capabilities. Track application status and easily make decisions on simple and complex applications on both the borrower and back office side.
Efficiently manage grant application intake, award decision making, and progress reporting. Monitor applications and effortlessly make decisions and stay up to date throughout grantmaking processes.
Innovative fraud protection. Apply advanced controls and fraud protection technologies to ensure applicants are validated.
Allocore developed and implemented a SaaS application to support PPP forgiveness, becoming one of the first providers to establish a viable PPP SBA product in just months.
Allocore implemented a modernization program to develop MySBA, a fully unified one-stopshop platform
that reduced loan processing time from months to just 18 days from application to decision.
Allocore developed and migrated the existing Veteran
Certification Management System (VCMS) from the VA to the SBA on the Allocore Cloud.