• TurnKey Lender and Zūm Rails collaborate to innovate the lending procedure for Canadians.
  • Digital banking allowed users to process their loan applications using a mobile app.
  • The TurnKey Lender Unified Lending Management (ULM) Platform automates the complete loan life cycle.

Unified lending management (ULM) platform

TurnKey Lender teams up with Zūm Rails to offer a fully automated and digital lending platform to Canadian lenders and their consumers. TurnKey Lender is a frontrunner in unified lending management software that empowers lenders to finance great things with intelligence and unified efficiency. Zūm Rails is a faster, safer, and smarter way to manage and unravel the consumers’ payment puzzle.

Pandemic made the world go online

The 2020 pandemic made the world go online and made the banking process more comfortable and convenient, i.e., moved all lending and payments online. Digital banking allowed users to process their loan applications using a mobile app. This could be done using digital signatures and digital money transfers using electronic fund transfer (EFT) and pre-authorized debit.

The partnership between two artificial intelligence (AI)-powered SaaS (Software-as-a-Service) companies has collaborated to support lenders transform their operational activities to the flexibility that consumers now expect.

The TurnKey Lender Unified Lending Management (ULM) Platform is an intelligent system that automates the complete loan life cycle. This digital platform comprises:

  • Application processing
  • Risk assessment
  • Decisioning
  • Loan origination
  • Underwriting
  • Reporting
  • Compliance
  • Servicing

The platform is also known to pre-qualify applicants instantly using the AI-driven credit decisioning engine. Also, it enables an enhanced experience for both the lender and the borrower when a unified and quick digital lending procedure is crucial.


TurnKey Lender is an AI-based Loan Origination and Management Software for Banks and Non-bank Lenders.

Experts’ perspective

Marc Milewski, Co-founder at Zūm Rails, commented: “This partnership illustrates how our companies help Canadian lenders get everything they need to apply for a loan and then get the funds they need in the quickest time possible. With our innovative payment technology and the TurnKey Lender AI-driven automated lending process together, we can help lenders and customers have the smartest and quickest way to get the loans they need. It’s a great opportunity for us to work together to make a difference within the Canadian lending marketplace.”

Elena Ionenko, Co-Founder and Chief Operating Officer at TurnKey Lender, commented: “Zūm Rails is powered by an AI-based platform that enables B2B and B2C EFT, Interac, and Visa Debit payments to be processed virtually instantly.”

She further added, “This new collaboration will allow our lenders to gain a competitive advantage by being able to offer the instant funding of loans while having a connected platform that drives automation and reduces manual, time-consuming work.”