|About LendingCycle & Founder John Jackson
When Lending Cycle, Inc. (LCI) founder John Jackson served as the Executive Vice President of a Bank, he couldn’t find any solutions that were useful and cost effective for managing loan workflow and lending productivity. He needed loan workflow analysis, Lender productivity information, exception item tracking, pipeline data, funding data, and other types of information that were hard to get reliably from having Lenders fill out spreadsheets. Most of the Financial Institution oriented solutions that addressed this need were expensive CRMs that primarily focused on post Close customers. Other options were for organizations selling something for a price. He needed a solution that didn’t exist. So he started a research and development effort in 2004, formed a company in 2007, and launched a unique solution to market in January of 2008 (LendingCycle) that offers an easy and powerful solution to manage Lending before the Close.
LendingCycle is a Web 2.0 themed combination of the best attributes of reporting, performance management, CRM, business intelligence, and other efficiency systems. While hard to categorize into any of those groups, this solution was designed to deliver the best possible Workflow Automation and Lending Productivity solution for Financial Institutions of any size! LendingCycle is typically categorized as a Sales Force Automation (SFA) solution, to which there are no known direct competitors that are specific to the FI sector.
John Jackson – Founder & CEO: John is the former Executive Vice President of First Bank, where he managed all Retail and Lending functions. He was also the CEO of Spid3r Technologies, a producer of 3D imaging software. During John’s tenure, Spid3r produced products that were distributed through Best Buy and other national outlets and were covered in USAToday. John has also been an executive at a business intelligence firm, founder of an electronics manufacturing and assembly company, and has written about interface design. John, his wife April, and their three children live in Louisville, Kentucky.