About SPARK

SPARK is loan origination software designed to help small businesses, bankers, lenders and lending service providers (LSPs) manage intake, underwriting, packaging, closing and disbursement processes. Administrators can configure different loan types and sizes based on products and define a specific onboarding process accordingly. The application includes borrower-facing dashboards, which lenders can customize with brand-specific preferences. SPARK provides a document management module for users to search and view multiple documents, automatically name uploaded files and sign digitally on a unified platform. Additionally, its portfolio reporting capabilities let businesses gain insights into loan pipelines, days in stage, risk trends, referral partner metrics and more. SPARK facilitates integration with E-Tran API, which enables lenders and LSPs to process SBA deals through automated form generation and loan processing. Pricing is available on request and support is provided via knowledge base and online ticketing.
SPARK Software - SPARK dashboard
SPARK Software - Loan Request Summary
SPARK Software - SBA Eligibility Review
SPARK Software - Document Management
SPARK Software - Loan Products Snapshot
SPARK video
SPARK Software - SPARK dashboard - thumbnail
SPARK Software - Loan Request Summary - thumbnail
SPARK Software - SBA Eligibility Review - thumbnail
SPARK Software - Document Management - thumbnail
SPARK Software - Loan Products Snapshot - thumbnail

SPARK pricing

Starting Price:
Not provided by vendor
Free Version:
No
Free trial:
No

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SPARK Reviews

Feature rating

Value for Money
2
Functionality
2.5
Ease of Use
2.5
Customer Support
2
2 reviews of 2
Megan
  • Industry: Health, Wellness & Fitness
  • Company size: 2–10 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
0
Features
2
Ease of Use
1
Customer Support
2

3
Reviewed on 26/01/2022

It is a lot to handle

Pros

Spark allowed you to customize the software to your business, prices and products

Cons

Spark had way to many features and options when it came to setting up and running the software. It was too complicated for a new user to manage. Using this software requires a learning curve. There were also a lot of parts and features that were not useful or applicable to our business, so it was expensive paying for things that we never used.

Matteo
  • Industry: Information Technology & Services
  • Company size: Self Employed
  • Used Weekly for 6-12 months
  • Review Source
Value for Money
2
Features
3
Ease of Use
4
Customer Support
0

3
Reviewed on 17/08/2023

Costoso e difficile da usare

Alla fine nonostante la completezza del software, ho dovuto abbandonarlo per utilizzare software meno costosi e più adatti all'esigenza della mia azienda.

Pros

Il vantaggio di Spark è quello di essere un software molto completo e versatile. Spark ha così tante impostazioni che si adatta alla maggior parte delle esigenze di tutte le aziende.

Cons

Lo svantaggio di Spark sta nel fatto che è un programma molto complesso, l'utente che lo utilizza necessita di avere tempo per poter imparare e sfruttare al meglio tutte le funzione per poterlo utilizzare. Spesso succede però, esperienza personale, che si utilizzano solo funzioni basiche e a quel punto il costo è troppo elevato. Quindi si spendono molti soldi per utilizzare solo poche funzioni basilari.

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