Lunr Capital (Minneapolis, MN) replaced spreadsheet-based loan management with LoanPro’s API-first lending platform, enabling 9x portfolio growth, reducing manual servicing work by 20%, and delivering near-zero servicing errors at scale.
Farmington, UT and Minneapolis, MN — June 10, 2026
As specialty lenders seek to support increasingly complex financing models, many are discovering that the tools that helped launch their businesses can eventually become obstacles to growth.
For inventory finance providers, operational efficiency is especially critical. Consumer brands expanding into major retailers often face significant cash flow gaps between production expenses and retailer payment cycles. Lenders that serve these brands must manage growing portfolios while maintaining accuracy, transparency, and responsiveness for borrowers.
That challenge recently led Lunr Capital, a provider of non-dilutive inventory financing for consumer brands, to modernize its lending infrastructure. The company adopted LoanPro's lending and credit platform to replace a loan management process that had become increasingly dependent on large spreadsheets and manual workflows.
The results have been significant. Since implementing LoanPro, Lunr Capital has grown the number of loans it manages by nine times, reduced manual loan management work by approximately 20 percent, and driven servicing errors to near zero.
The transformation highlights a growing trend across financial services: lenders are moving away from spreadsheet-based operations and toward purpose-built platforms designed to support automation, integrations, and real-time visibility.
"We started out managing everything in spreadsheets, and that worked for a while until it didn't," said Mark Brose, CTO of Lunr Capital. "So we started looking around for a loan management system. For us, LoanPro became our loan backend for all the loan management that we do."
Like many fast-growing lenders, Lunr Capital initially relied on spreadsheets because they offered flexibility and speed during the company's early stages. However, as loan volume increased, file sizes grew larger, performance slowed, and maintaining data consistency became increasingly difficult. The limitations also created barriers to delivering the self-service digital experience the company wanted for its borrowers.
LoanPro's API-first architecture provided a different approach. Rather than requiring Lunr Capital to rebuild its technology stack from scratch, the platform enabled the company to integrate lending functionality directly into its existing client-facing applications.
Automation replaced many manual reconciliation tasks that had previously consumed valuable operational resources. Real-time ledgering improved visibility into portfolio activity, while automated calculations and statement generation reduced the potential for human error.
Today, LoanPro serves as the central system of record for Lunr Capital's lending operation, supporting loan management, interest calculations, reporting, and borrower servicing through a single platform.
"One of the things that's really useful for us is the fact that we have multiple ways of getting at the information we need and integrating it into our workflow and making things available to our clients," Brose said. "The APIs that are available are great for us to embed in our applications."
For LoanPro, the Lunr Capital story reflects a broader shift taking place throughout the lending industry. As lenders compete on speed, customer experience, and operational efficiency, technology infrastructure is becoming a strategic differentiator rather than simply a back-office necessity.
"Lunr Capital came to us running a sophisticated lending operation entirely out of spreadsheets," said Colin Terry, Chief Product Officer at LoanPro. "The 9x loan growth they've achieved shows what's possible when the infrastructure actually matches the ambition of the business."
As inventory finance and other specialty lending segments continue to evolve, the ability to scale operations without proportionally increasing administrative complexity will become increasingly important. Modern lending platforms are emerging as a key component of that evolution.
Learn more at LoanPro and Lunr Capital.