Software Alternatives & Reviews

SmartBiz VS DocMagic

Compare SmartBiz VS DocMagic and see what are their differences

SmartBiz logo SmartBiz

SmartBiz is a SBA funding marketplace.

DocMagic logo DocMagic

DocMagic is a web-based platform that is used to digitalize your mortgage and payment process by offering you tools that are easy to use and simple.
  • SmartBiz Landing page
    Landing page //
    2023-04-27
  • DocMagic Landing page
    Landing page //
    2022-07-28

SmartBiz videos

SmartBiz Loans Review ($30,000-$5,000,000 SBA Loan Available!) - Repayment Terms Of 10-25 Years?!

More videos:

  • Review - SmartBiz Review: Get SBA 7(a) Loans Up to $350,000 and SBA Real Estate Loans Up to $5 Million
  • Review - SmartBiz PPP loan reviews - real downsides of applying with this company! Did you get funded?

DocMagic videos

Total eClose by DocMagic - End-to-End eClosing Solution

More videos:

  • Tutorial - How to Use DocMagic Integration in LendingPad LOS?

Category Popularity

0-100% (relative to SmartBiz and DocMagic)
Finance
21 21%
79% 79
ERP
22 22%
78% 78
Fintech
20 20%
80% 80
Personal Loans
100 100%
0% 0

User comments

Share your experience with using SmartBiz and DocMagic. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, SmartBiz seems to be more popular. It has been mentiond 3 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

SmartBiz mentions (3)

  • Anyone receive closing docs or funding from Smartbiz?
    On the main website (smartbizloans.com) there should be a little icon in the bottom right corner that's orange circle icon with a white square inside. For some reason it only appears on the homepage, not on the login screen or on your dashboard. Click that. Source: about 3 years ago
  • Should I cancel and reapply my PPP loan that is unsigned?
    I submitted a PPP loan to smartbizloans.com/ as a sole proprietor before they updated the forms to take line 7. I was informed this morning that even though I haven't signed the docs they can't update my loan amount and that I would need to cancel and resubmit. Source: about 3 years ago
  • Bank of America - BOA - Status Changing after 3 weeks!!
    I submitted through smartbizloans and they have completed my application. The calculation was almost the same as BOA's first draw amount, but a little less. I have personally had emails from an actual person working on the loan. So far...so good...what did you end up doing? Source: about 3 years ago

DocMagic mentions (0)

We have not tracked any mentions of DocMagic yet. Tracking of DocMagic recommendations started around Apr 2022.

What are some alternatives?

When comparing SmartBiz and DocMagic, you can also consider the following products

Ezbob - Ezbob is lending software that provides end-to-end digital lending solutions for lenders with SME lending, consumer lending, and asset finance.

MBS Highway - MBS Highway is a web-based loan or mortgage management software solution that allows you to connect all your parties and stakeholders and helps you to complete the process quickly.

Qualia - Qualia empowers organizations to deliver seamless consumer experiences across all devices, from intent to conversion.

The Mortgage Office - The Mortgage Office is a web-based loan serving platform that allows you to automate your loan process and close the loan deals quickly.

SimpleNexus - SimpleNexus is a web-based platform that allows you to manage and conduct your loan process and helps you to bring all the stakeholders on a single platform for a quick and easy transaction.

LendingWise - LendingWise is an intelligent and web-based software solution that permits you to automate your lending business and allows you to improve the CRM of your organization.