A Modern Online Credit Application Platform

Deliver fast, easy, mobile lending, fully connected with ProLender and Ideal Lender for a seamless borrower experience.

Proven. Modern. Trusted.

Years of Lending Technology Expertise

0 +

of Canadian Credit Unions Trust Covaleyo

20 %

Why Digital Transformation Matters in Lending

Modern lending is no longer just about approvals — it’s about experience, efficiency, and growth. 

Financial institutions that invest in digital transformation are leading the market in all three.

Accelerate Every Lending Decision

Automated workflows and real-time integrations cut approval times from days to minutes, improving member satisfaction and conversion rates.

Boost Efficiency and Accuracy

Digital processes reduce manual entry and costly errors, giving your team more time to focus on relationships instead of repetitive tasks.

Stay Competitive and Member-Centric

Members expect seamless, mobile-first lending experiences. Modern digital platforms keep your credit union relevant and ready for what’s next.

From Application to Approval-Faster Than Ever

Deliver the speed and simplicity members expect.

With built-in automation and real-time decisioning, Digital Lender transforms lending into a quick, transparent, and mobile-first process—all while keeping data flowing cleanly into your core systems.

Mobile-first access

Members apply anytime, anywhere

Get Accurate and Automatic Results

Real-time rates, payments, and approvals

Joint applications

Capture more opportunities and grow wallet-share

End-to-end processing

Seamlessly connects with ProLender and Ideal Lender

Self-service updates

Members manage their info without staff intervention

Integration Ready

Seamlessly connects with ProLender and Ideal Lender for end-to-end lending efficiency.

The Case for Modernizing Lending

Members expect speed, transparency, and control — and legacy lending systems can’t keep up. Modernizing your digital lending experience is no longer optional; it’s a competitive necessity.

60% of Canadian Credit Unions

say they are developing a digital-transformation strategy to modernize operations.

(BDO Canada, Midmarket Outlook Report)

82% of Credit Union Executives

say a fully digital lending experience is important, yet fewer than one in ten currently offer one.

(CUSO Magazine, 2024).

28% of Credit Union Members

say they would switch financial institutions to gain access to more innovative digital banking products and services.

(PYMNTS, 2024)

Outdated, manual lending processes create friction, slow decisioning, and risk losing members to fintechs that deliver the experience today’s borrowers demand.

Go Live in Just 3-4 Weeks

Fast, simple Implementation

Going digital doesn’t have to mean months of disruption. Covaleyo offers a fast, low-lift implementation process: 

  1. Planning & Info Gathering – Define goals, configure loan products 
  1. Configure & Test – Apply Ideal Lender rules, validate workflows 
  1. Go Live & Support – Training, launch support, and post-implementation success reviews 

A better lending experience, for everyone

Benefits for Members and Teams

For members

  • Apply in minutes from any device
  • See loan terms instantly
  • Update info easily
  • Enjoy a modern, branded experience

For Your Lending Team

  • Clean, prefilled data flows into ProLender
  • Auto-adjudication rules accelerate decisions
  • Reduced manual calculations = fewer errors
  • Consistent, compliant workflows across loan types

Ask us anything

Digital lending is the use of online platforms and automation to manage the entire loan process from application to decision and funding without paper or manual steps. It enables faster approvals, improved accuracy, and a better member experience.

Digital lending improves efficiency, reduces manual work, and enhances the borrower experience. It also accelerates decision-making and helps institutions compete with fintechs offering fast, mobile-first lending.

Digital Lender is fully integrated with ProLender and Ideal Lender, providing an end-to-end solution from application to decision. It supports all loan types, offers real-time calculations, and allows member self-service updates.

Covaleyo’s Digital Lender can be implemented in as little as three weeks, thanks to guided setup, prebuilt integrations, and expert onboarding support.

Yes. Digital lending platforms enforce consistent workflows, automate calculations, and reduce data entry errors ensuring greater accuracy and audit readiness.

Absolutely. Digital Lender is mobile-optimized, allowing members to apply anytime, anywhere, and receive instant rate and decision updates.

Automation removes manual steps from the loan process such as data entry, decisioning, and document handling allowing lenders to respond to applications faster and more consistently.

Yes. Covaleyo’s digital lending platform follows strict data security standards and integrates securely with your existing systems to protect member information throughout the loan process.

Transform Your Lending Experience

Increase efficiency, modernize member journeys, and stay competitive with Digital Lender. Contact us and our team will be happy to walk you through the software.

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