Glossary
What is a loan origination system (LOS)?
What an LOS does
An LOS routes applications through configurable stages: intake, verification, credit analysis, decision, and closing. It collects documents, triggers third-party checks (bank data, credit pulls, KYB), and records the outcome at each step.
For small non-bank lenders, purpose-built or no-code LOS tools often replace spreadsheet-and-email workflows — reducing errors and creating an auditable record of how each deal was handled.
LOS vs LMS
An LOS handles origination — getting the deal from application to funded. A loan management system (LMS) takes over after funding, managing repayment schedules, remittances, and servicing. Some platforms combine both; others keep them separate.
FAQ
Loan Origination System (LOS) — common questions
Do small MCA funders need an LOS?
Any team processing more than a handful of deals per week benefits from a structured workflow. An LOS (or case-processing platform that plays the same role) reduces errors, speeds decisions, and creates the audit trail compliance demands.
What is the difference between an LOS and a CRM?
A CRM manages relationships and pipeline; an LOS manages the operational workflow of turning an application into a funded deal. Many funders use both, with handoffs between them.
The institution around the intelligence
See Hadrian run your case lifecycle — intake to close, every decision audited.
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