Settlement

Settlements made easy. Nimo automates and streamlines the entire loan settlement process, reducing delays, errors, and manual steps. With secure digital signing, contract management and automated disbursements, Nimo ensures same-day funding and seamless integration into your existing workflows, enabling faster and more reliable settlements.

Why Choose Nimo for Settlements?

Nimo’s settlement capability provides lenders with a single source of truth across the final stage of the lending lifecycle. Whether integrated into an end-to-end solution or used modularly, Nimo ensures each settlement is secure, auditable and triggered automatically upon final contract acceptance. Integrated with your core payment provider and customer communication channels, Nimo eliminates the lag between approval and funding, reducing friction in operations and enhancing the borrower experience.

With configurable rules that manage disbursement logic, lender-specific workflows and third-party integrations, Nimo adapts to various loan types and partner models. Automated settlement workflows allow your team to deliver faster outcomes without adding complexity or overhead.

Key benefits include:

• • Same-day funding  – Automate the settlement process and enable same-day disbursement, ensuring faster access to funds for borrowers.
  • Improved efficiency – Eliminate manual tasks with automated workflows, speeding up settlements and reducing operational delays.
  • Enhanced compliance – Built-in compliance features, including NimoSign and document management, ensure that every step meets regulatory standards.

Embedded Services

Nimo is built to own the whole solution, integrating the capabilities lenders need to operate with efficiency, reduce total cost of ownership and maintain full control over data sovereignty. 
By embedding key services into the platform, there’s no need for additional vendors, third-party tools or hidden costs. Nimo empowers you to focus on what matters most: delivering value to customers. 

Can all staff, brokers and customers track solicitor updates and experience a true digital settlement process?

Often time is wasted chasing updates on contracts or settlements, leading to unnecessary communication.

With Nimo, everyone with the appropriate access can self-serve and get the information they need in real-time, such as disbursement accounts, broker commissions and funding sources, across all loan types including construction loans. This creates a truly digital experience, making the process more convenient, efficient and reducing internal communication.