Lucro Commercial Solutions Email Format
Financial ServicesFlorida, United States11-50 Employees
Lucro Commercial Solutions provides specialized support for credit unions' commercial lending programs, handling underwriting, loan servicing, documentation, and the development of lending policies and procedures. Since its inception in 2003, the firm has underwritten more than 30 billion in commercial loans, roughly 400 loans each month, with delinquency and net charge-offs below national averages. The organization brands itself as a service-first credit union service organization rather than a fintech company, and it positions itself as a small- to mid-sized partner for its clients. It develops and offers digital lending platforms designed to be practical and cost-effective, and these solutions are built in collaboration with partner credit unions and supported by its experienced team as needed. Based in Tallahassee, Florida, Lucro focuses on helping credit unions of varying sizes strengthen their commercial lending programs in today’s digital environment.