labs@atheron:~/industries/banking/apps$ build app --web --mobile

Bank lending portals

Commercial loan portals and business banking apps.

Commercial lending is where banks and credit unions still run on email. We build the portal staff work in and the app borrowers use, connected to the core you already have, with delegated limits and an audit trail that an examiner can follow from application to funding.

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// what matters here

What is different in this industry.

Beside the core, not instead of it

The portal reads and writes through your core banking system's interfaces. We do not replace the system of record, so the conversion project stays off the table.

Delegated limits enforced in the system

Who can approve what, alone or together, is configured by credit risk and enforced in the database, not left to a checkbox on a form.

The borrower sees their file

Business owners upload documents, answer conditions and see the status from their phone, which cuts the calls to the account manager.

Third-party risk answered in writing

We supply what your vendor risk process asks for: architecture, data flows, access controls and where data lives, in the form your team uses under OSFI and provincial guidelines.

// example projects

Priced examples for this service.

Each one is hypothetical, labelled as such, and priced live from our rate card. Open any of them in the estimator and make it yours.

Example projectWeb appMobile app

Commercial loan portal and app

Hypothetical. Not a client, not a result.

// The problem

Business loan applications arrive by email, credit memos are written from scratch, and the borrower calls the branch to find out where their file stands.

// What we would build

A web portal for account managers and credit adjudicators with an iOS and Android app for business owners, carrying the file from application through adjudication and covenant monitoring, connected to the core banking system.

// What is in it

Application, document collection and status in the business owner's app
A credit memo assembled from the file, not retyped
Adjudication workflow with delegated limits and a full audit trail
Covenant and reporting reminders after the loan is funded
Integration with the core banking system and the credit bureau
English and French for borrowers and staff

// Stack

Next.js
React Native
PostgreSQL
Core banking integration
Credit bureau API
AWS Canada

// estimate

Build: ≈ US$244,000 to US$374,000, delivered within 41 weeksCAD 347,900 to 532,000
Hosting: ≈ US$1,360 a monthCAD 1,940 a month
Support: ≈ US$5,010 a monthCAD 7,135 a month

Prices in your currency are estimates from today's Bank of Canada rate. All invoicing is in CAD or USD.

Timeline by milestone

Discovery: 2.9 to 3.4 weeks
Design approved: 11.9 to 20.4 weeks
Core features: 2.4 to 3.9 weeks
Full build: 1.4 to 2.4 weeks
First build on devices: 4.4 to 7.9 weeks
Testing and fixes: 0.4 to 0.9 weeks
Store submission: 0.4 to 0.9 weeks
Security review passed: 0.9 weeks
Controls built and evidenced: 0.9 weeks
Readiness review: 0.9 weeks
Launch: 0.9 to 1.4 weeks
Audit support and remediation: 0.9 to 1.4 weeks
Observation window (auditor): 52 weeks
Auditor report (SOC 2 Type II): 4 to 8 weeks

Outside our hands, and added to the calendar

App store review: 1 week
Core sandbox and credentials from your provider: 1 to 4 weeks
Penetration test by your chosen firm: 2 to 4 weeks

How it is paid

Deposit 20%: CAD 69,580 to 106,400
Discovery 5.9%: CAD 20,526.10 to 31,388.00
Design approved 5.9%: CAD 20,526.10 to 31,388.00
Core features 4.8%: CAD 16,699.20 to 25,536.00
Full build 3.2%: CAD 11,132.80 to 17,024.00
First build on devices 12.8%: CAD 44,531.20 to 68,096.00
Testing and fixes 1.6%: CAD 5,566.40 to 8,512.00
Store submission 4.2%: CAD 14,611.80 to 22,344.00
Security review passed 6.3%: CAD 21,917.70 to 33,516.00
Controls built and evidenced 6.3%: CAD 21,917.70 to 33,516.00
Readiness review 6.3%: CAD 21,917.70 to 33,516.00
Launch 5.9%: CAD 20,526.10 to 31,388.00
Audit support and remediation 6.8%: CAD 23,657.20 to 36,176.00
Holdback, 30 days after launch (10%): CAD 34,790 to 53,200

Start from this example

// questions

Questions we get about this.

Which core banking systems can the portal connect to?

Any with a documented interface, which includes the platforms most Canadian banks and credit unions run. We review the interface before quoting, because it sets much of the integration work.

Can our IT team run the portal after launch?

Yes. We hand over the code, the infrastructure as code and the runbooks, and train your team. Support from us is optional.

How do you work within a bank's change management?

We follow it. Releases go through your environments and approvals, and we plan the schedule around your change windows rather than asking for exceptions.

Back to the industry: Banking About the service: Web and mobile apps

// next

Not quite your project?

Tell us what you have in mind. We will come back to you with a range and the questions that would narrow it. Or book a call and talk it through.

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