We Just Slashed ACH Fees by 70% – Here’s What Else Is New

Lendr Updates: Feature Breakdown

These episodes are some of my favorites. It hasn’t been too long since our last update, but it’s definitely been a few minutes. Today, we’re diving into our most recent Lendr updates, highlighting some of the new features we’ve already rolled out—and a few more that are just around the corner.

If you’re on our mailing list (which I highly recommend), you’ll get these updates in real time as they’re released. Occasionally, we’ll also bundle several announcements together into one major release. But email can’t always capture the full scope of what these features offer. That’s exactly why we’re breaking them down here.

We’ve launched around 20 new features in Lendr, and I want to go through each of them individually to give you a better idea of what’s new, what’s coming, and how it can help your lending business.

1. Lifetime Interest-Earned Metric

We’ve added a lifetime interest-earned metric to the investor portals.

While this might not be a groundbreaking update, it’s a powerful way to boost investor confidence. It gives your investors another clear and motivating metric to view when they log in. Let’s say someone has $50K or $100K invested—they’re likely earning between $700 and $1,000 monthly in interest, assuming all loans are performing.

That’s nice, but what’s even more exciting is this: logging in and seeing they’ve made over $30,000 in interest without lifting a finger. It makes everything feel real and worthwhile.

The metric shows that their investment is working—without the need for guesswork. Instead of a slow trickle of monthly updates, they now have a concrete total showing all interest ever earned.

This feature is available now across all investor portals. Every investor will see their lifetime aggregate total of interest earned whenever they log in.

2. Manual Task Creation + Task Automation

We’ve added the ability to create manual tasks, which ties in beautifully with some of the new automations we’ll talk about later.

You can now create custom action items or reminders for yourself—or your team—simply by clicking the “+” icon. This might not seem revolutionary, but it fills a real need in day-to-day operations. Say a loan closes and you need to mark charges in Lendr or update QuickBooks. Now, you can create a task so you won’t forget.

When you log in, your personalized task list is ready and waiting.

Personally, I always forget to do lien releases or satisfaction of mortgage paperwork when a loan pays off. I don’t know why—it just slips my mind. Now, I have a recurring checklist item that pops up every time a loan closes. That means I never forget again. It’s a small feature, but a big win for keeping your process professional and consistent.

Now, I have a recurring checklist item that pops up every time a loan closes.

3. Team Task Assignment & Task Reporting

If you’re on the Grow Plan or higher, this feature takes manual tasks to the next level.

You can now assign tasks to specific team members—loan processors, controllers, whoever’s on your crew. That alone is helpful. But here’s where it gets even better: you can now track how long it takes for each task to be completed.

There’s a new report that shows you:

• Overdue tasks
• Pending tasks
• Time-to-completion metrics

So if you assign something and it’s not getting done on time, you’ll know exactly where the bottleneck is. It’s not earth-shattering, but it adds another level of visibility and accountability to your workflow.

4. Fund Overview & Performance Page

This next one’s mainly for users who run a fund through Lendr. If that’s you, this feature is huge.

You now have access to a fund overview and performance page. Even better—you can choose whether to show it to your investors with a simple toggle.

For example, you can display that your fund has $5 million under management, backed by $7 million in collateral. From there, you can show the target yield, security coverage, and an individual project breakdown. If you want, your investors can even click into each project owned by the fund to view:

• Detailed updates
• Photos
• Performance metrics

It’s a smart way to provide transparency and trust—but if you’d prefer to keep it private, you can easily toggle it off.

For our own fund, this has been incredibly useful.

It’s a smart way to provide transparency and trust

5. Mass Fund Payments & Distributions

We now support mass fund payments and distributions through Lendr.

Let’s say one investor has $100,000 with you, another has $250,000, and another has $500,000. Each of them accrues a different amount of interest. Previously, calculating and distributing those earnings manually was tedious. Now, it’s all done from a single screen.

You choose the schedule—monthly, quarterly, semi-annually, etc.—and Lendr will notify you when it’s time to distribute. The system automatically breaks down each investor’s ledger history into segments, calculates interest accordingly, and shows you exactly what’s owed.

From there, you simply click “Approve”—and it’s done. No more spreadsheets, no more manual entries.

If you have 20 investors, you can review and approve them all at once with a single button. Everyone receives an email, ledgers are updated, and payments are recorded instantly. It’s just one more example of how Lendr is making life easier.

6. Investor Access to Payments & Documents

Investor portals now offer more flexibility.

You can choose to let investors view specific documents and payment data. Let’s say you’ve assigned a document to an investor—like an assignment agreement. Previously, even if it was in the loan file, they couldn’t see it. Now, you can toggle visibility on or off for each document.

Don’t want them to see something? No problem—just leave it hidden. Want them to see a PDF or signed contract? Just flip the switch.

This makes everything more transparent without overwhelming your investors. Even if many won’t dig through the files, it’s helpful to give them the option.

Similarly, you can now allow them to view payment breakdowns. They can see if a borrower has paid, if it’s pending, failed, processing, late—everything. And it’s all visible directly through their investor portal.

This makes everything more transparent without overwhelming your investors.

7. Word Document Import

This one is huge—especially for our internal team and clients who use templates.

There’s now an Import from Word button inside the document editor. It might not sound major at first, but it solves a frustrating problem. Previously, when you copied text from Word into Lendr, it lost all formatting. We had to manually adjust bold text, alignments, tables—you name it.

Now? Upload your file, and Lendr automatically preserves all the formatting. Bold, italics, tables, centered text—everything.

Whether your document is 2 pages or 100, it uploads perfectly. Add your tags, save it, and you’re done in minutes. This feature has saved our team hours of manual work. If you work with any kind of templated legal docs or letters, this update is a game-changer.

8. Loan Application UI/UX Enhancements

We’ve made several user interface improvements to the loan application editor. They’re small, but they go a long way in making things more intuitive.

Before, if you wanted to drag a new field—like a date selector—into a long application, you had to scroll up, grab it, scroll back down, and then drop it. That gets old fast.

Now, the sidebar scrolls with you. As you move through the application editor, the available field types stay visible—no more back-and-forth scrolling.

We’ve also improved row placement. You no longer need to drop fields only at the bottom and manually reposition them. If you hover between rows, a little “+” icon appears. Click it, and it instantly creates a new row right where you want it.

It’s not flashy—but it saves time and reduces friction, especially when you’re first building an application. Once it’s set up, you likely won’t revisit it much, but during the setup process, these small upgrades make the experience way smoother.

9. Document Template Folders

A quick but helpful improvement—we’ve now added folders to your document templates.

If you only have five templates, no big deal. But if you’ve got 25, 30, or more, this is a game changer. You can now create folders, drag and drop your templates into them, and those folders will persist for easy future access.

Let’s say you lend in multiple states like Florida and Tennessee. Now, you can organize those documents by state, by client type, or whatever category makes sense for you. It’s a simple feature, but it makes navigating your templates much easier and cleaner.

It’s a simple feature, but it makes navigating your templates much easier and cleaner.

10. Find & Replace in Document Templates

Inside the document template editor, we’ve added a Find & Replace tool.

Before, if you made a mistake—like using the wrong tag multiple times—you’d have to copy everything into Word, fix it there, then paste it back. It was clunky and time-consuming.

Now, you can make all your tag edits directly inside Lendr. Just search, replace, and you’re done—no need to leave the platform. This one will definitely save you time and frustration.

11. Task Management Reporting

We’ve rolled out a full Task Management Report—exclusive to Grow and higher-tier plans.

This new report gives you visibility into all outstanding tasks and action items for each team member. Even better, you can see the average time it takes them to complete tasks—and spot any delays quickly.

Let’s say you’ve got Sarah on your team, and she’s taking way too long. Now, you can see exactly how long her tasks are dragging on, and ask, “Sarah, why is this taking six days when it should take five minutes?”

The report is interactive, colorful, and clear, and you’ll find it under the Reports section in Lendr. Great for accountability, and even better for optimizing your workflow.

Great for accountability, and even better for optimizing your workflow.

12. Pending Interest Earnings Breakdown

This is a really nice upgrade.

Previously, if an investor had interest accruing across multiple loans, there was no easy way to know exactly what was owed. The amounts were scattered across different line items, and you had to manually calculate the total.

Now, Lendr automatically aggregates that data.

For example, say Investor Sam earns $100 from 123 Main Street, $200 from 246 Main Street, and $300 from 456 Main Street. Rather than showing three scattered entries, Lendr now displays a single pending payout of $600. This way, you’ll see exactly what’s owed and why.

From there, you can either click Create Payout to send it via our ACH processor, or alternatively, generate a NACHA file (more on that below). Once completed, Lendr records the transaction and sets that as the cutoff point. Then, when the next month rolls around, it automatically begins the next segment—clean, automated, and easy to track.

13. NACHA File Generation

Let’s talk NACHA files.

A NACHA file is essentially an ACH file—a text file format used to upload and process payments through your bank. Chase, Wells Fargo, and even local credit unions typically support it.

Now inside Lendr, you can generate NACHA files in just a few clicks. Select the payments you want to process, click Bulk Actions → Generate NACHA File, enter the bank and routing details, and boom—you’ve got a downloadable ACH file ready to upload to your bank.

You can use NACHA files for:

• Credits (paying investors)
• Debits (pulling payments from borrowers)

This method bypasses our ACH processor. It’s a little more manual, but for some users, it’s faster and cheaper. You still get full control and flexibility over your payment workflows.

14. ACH Processing Fees—Massive Reduction

This one’s massive. Probably the most exciting news in this entire update.

We’ve reduced ACH processing fees by approximately 70%!

Here’s what’s changed:

• The monthly minimum dropped from $100 → $25
• Flat transaction fee introduced: $1.50 per transaction
• No more percentage-based fees

For example, a lender processing $250,000/month used to pay $700–$800 in ACH fees. Now, their bill is closer to $150–$200. That’s a huge savings.

If you only process a few payments monthly, the $25 minimum includes those transactions. For instance, 2 transactions = $3, so you’ll just pay the $25 minimum. But once you process 17 or more payments, you’re only charged for what you use.

Most users will see a 70%+ reduction in fees. This is thanks to a special volume discount we secured with our ACH processor—available immediately to all Lendr users.

So yes, huge, huge, huge win here. Lower fees, more savings, and smoother payment processing for everyone.

We’ve reduced ACH processing fees by approximately 70%!

15. Investor Statements (Finally!)

We now offer automatic investor statements.

It’s something we probably should’ve had earlier. We assumed that investor portals were enough—your investors could log in anytime to see balances, projects, and updates. But as we’ve found, not everyone logs in regularly. Some investors just prefer a good old-fashioned PDF in their inbox.

Now, you can generate monthly investor statements and email them out automatically. You can also choose to have these PDFs uploaded to each investor’s portal, giving them a complete running history.

Even better? These statements are fully customizable. You can update the:

• Logo
• Colors
• Fonts
• Wording
• Footer
• Branding

If your brand uses orange and green instead of Lendr’s default blue, go ahead—make it your own. It’s a great way to keep things clean, professional, and consistent.

16. Smarter Automations

We’ve made Lendr’s automation engine smarter and more flexible.

Say you have a loan that moves from Underwriting to Pre-Closing. You might have an automation set to send a text or fire off a webhook. But what happens if you move that loan back and forth accidentally?

Previously, every move could re-trigger the automation, causing duplicate messages or alerts. Now, Lendr introduces a two-minute buffer window—so if you move something, then move it back quickly, it won’t refire.

It’s a subtle but important upgrade. No more double alerts, extra charges, or duplicated tasks from quick status changes.

We’ve made Lendr’s automation engine smarter and more flexible.

17. Cross-Collateral Search

You can now search by cross-collateral property.

If you’ve ever used additional properties as collateral—like 246 Main Street backing a loan for 123 Main Street—it was hard to locate those relationships before. You’d often forget which loan that address belonged to.

Now, simply search for the cross-collateral address, and Lendr will return the related loan. It’s a small but powerful feature, especially if you’re handling multiple properties per deal.

18. Updated Draw Request Interface

The Draw Request UI has received a fresh coat of paint.

It wasn’t bad before—but now it’s even better. We’ve added:

• Progress bars
• Color-coded visuals
• Status indicators

You’ll see how much has been drawn, what’s remaining, and how each line item is progressing. It’s more intuitive, more attractive, and just easier to follow.

19. CSV Import for Investors

This is a long-overdue one. You can now import investors via CSV.

You’ve always been able to import borrowers and loans—but for some reason, not investors. That’s now fixed.

If you’re onboarding from another platform, just upload your investor CSV, and boom—done. One click and all your investor data is imported.

20. Interactive Charges Report

The new Charges Report is incredibly visual and easy to digest.

It shows:

• How much you’ve earned
• Which charges are outstanding
• Totals by charge type (origination, extension, late fees, etc.)
• Charges grouped by loan

You can filter by time period and get a full breakdown of your lending income. The goal is simple: more data = better decisions. This report gives you everything in one colorful, interactive view.

The goal is simple: more data = better decisions.

21. Inline Notes in Pipeline View

Another subtle but helpful improvement—you can now view loan comments directly from the pipeline.

Before, you had to click into the loan file to view any notes. Now, a comment bubble appears in the pipeline. Hover over it to preview the last five comments. Click it to jump into the full comment section and add new notes.

It’s a minor thing, but it saves a few clicks and makes communication easier for your team.

22. Draw Request Automation Triggers

You can now build automations based on draw request statuses.

Previously, automations only worked with loan status changes. Now, you can trigger workflows based on:

• Submitted draw requests
• Approved requests
• Rejected requests

It’s a powerful addition, especially for those managing active construction or renovation loans. We’re also working on adding more automation triggers soon—around late fees, payments, and charge events. Stay tuned.

23. Enhanced Loan Payoff Screen

Finally, let’s talk about the new loan payoff screen.

When closing a loan, it’s critical to know exactly what’s been paid—and what’s still owed. For example, say Ed Smith earned $6,000 in interest but has only been paid $5,000. Lendr will now show that $1,000 delta on the payoff screen.

Click the details button to view a full breakdown: how much interest each investor earned, how much they’ve been paid, and what’s still outstanding. If there’s a gap, the system automatically accounts for it and adjusts your earnings accordingly.

It’s a clear, transparent, and automated way to ensure accurate final payouts.

It’s a clear, transparent, and automated way to ensure accurate final payouts.

24. Retirement Account Compliance Enhancements

This next one is for you, Rick—appreciate the request!

We’ve made important changes to how retirement accounts are handled in Lendr. Previously, all loan charges and fees were automatically assigned to the lender. That worked fine—unless you were lending out of a self-directed IRA, 401(k), or other retirement account.

Here’s the issue: if you’re using retirement funds, it’s considered a prohibited transaction to split returns or yield between your IRA and your personal lending entity. All earnings—interest, fees, yield spread—must go directly back into the retirement account.

Now, Lendr supports this setup.

There’s an advanced setting on each investor profile where you can specify that it’s a lender-owned retirement account. Once that’s enabled, the system will route all earnings appropriately. Niche? Yes. But if you’re lending with retirement funds, this is a critical compliance feature.

25. Loan Opportunity Upgrades

The Loan Opportunities section has seen major enhancements.

You can still create and share loan opportunities with your investors—but now it’s far more dynamic. Before, you had basic listings. Now, you can:

• Auto-generate AI-enhanced descriptions
• Display funding progress bars (e.g., 66% funded)
• Show how many investors are already in
• Add a clear call-to-action for others to join

Say you have a $300,000 loan with $200,000 committed. Now you can show that it’s two-thirds funded and invite others to fill the gap. That visual urgency often drives quicker investor action.

You also get a shareable URL. Just click “Share Link” to copy and send it to anyone—even prospective investors not yet onboarded. They’ll see all your live deals in one place, making it easier to market without a separate website.

One link. One dashboard. One platform. All inside Lendr.

One link. One dashboard. One platform. All inside Lendr.

26. Tag-Based Search Functionality

Lendr now supports search by tags, making organization much easier.

Say you’ve got a $2 million portfolio loan spread across 7 properties. You can tag each sub-loan with “Jason’s Portfolio.” Then, later, just type “Jason’s Portfolio” into the search bar, and boom—all relevant loans appear instantly.

This works great for:

• Portfolio tracking
• Multi-property deals
• Internal organization

Pro Tip: The search bar in Lendr is incredibly powerful. You can now search by:

• Tags
• Cross-collateral addresses
• Borrower or investor names
• Loan IDs
• And more

If you haven’t explored the full capability of the search function yet—now’s the time.

That’s a Wrap!

Those are the 20 new features and enhancements we’ve rolled out in Lendr.

All of them are live and ready for you to use today. From automation upgrades to payment processing improvements, from investor statements to fund management tools—we’re continuing to push hard to make Lendr the best loan management platform in the space.

If you haven’t checked these out yet, dive in and explore.
And as always, thank you to all of our users for your feedback and ideas—you’re helping shape the future of Lendr.

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