AVANA CUSO Launches User-Friendly Participations Desk for Credit Unions

AVANA CUSO, a credit union service organization that specializes in commercial real estate lending, announces its new Participations Desk, a platform designed to simplify the process of providing credit unions access to commercial real estate (CRE) loans. This user-friendly technology gives credit unions streamlined access to evaluate deals, enhancing their choice and control.

AVANA CUSO’s Participations Desk allows credit unions to see all available loan opportunities, view their current portfolio, and manage their lending preferences. The user-friendly interface makes learning about loan details, such as the maximum participation amount, interest rates, and more, easily accessible for the credit union.
 
“This elevated platform significantly improves operations for both the credit unions we serve and the AVANA CUSO team,” said Chad Witcher, COO at AVANA CUSO. “By streamlining processes and reducing manual tasks, credit unions can focus on serving more members. The visually appealing platform interface, robust security measures, and seamless user experience will enable credit unions to participate in deals easier and faster.”

“The AVANA team is committed to supporting digital transformation in credit unions, which will empower them to serve their members and community better,” said Sundip Patel, Co-Founder and CEO of AVANA Companies. “By making the participation process easier and more transparent for credit unions, we can expand our loan servicing offers and advance our mission of promoting financial inclusion and building capital for a better tomorrow.”

What has traditionally been a manual process for CUSOs, the Participations Desk integrates technology to make it easier for credit unions to participate in more deals. This tech-enabled and secure platform empowers the AVANA CUSO team to serve credit unions better and, ultimately, their members as well. Credit unions can also self-serve on the platform, such as managing their users who can view or participate in deals. The Participations Desk enables AVANA CUSO to become a one-stop shop for credit unions for commercial lending and servicing for CRE, SBA, and USDA loans. ​