- State-of-the-art alternative scoring methodologies, including a proprietary credit scoring algorithm with machine learning that continually optimizes the formula.
- Easy deployment from our secure, cloud-based platform. Your team gets up-to-speed quickly with intuitive process flows, user-friendly training modules, and 24/7 support.
- Automated processes that increase the speed of approval, reduce human error and improve overall process efficiency.
- Up-to-date regulatory compliance that conforms to new rules as they’re published by regulatory agencies.
A new breed of entrepreneur has created an untapped niche for digital lenders. These upstarts left their corporate positions to start lucrative new business ventures from a shared workspace or a home office. They’re an interesting mix of people with one thing in common – a bright entrepreneurial spirit. It’s all good news for alternative lenders, because you’re their first choice for business funding.
To make it in today’s lending industry, your loan decisioning process has to be quick, low-risk, and accurate. It’s one of those crucial elements that either make or break a lending business. Decisioning can take days, rely on outdated rules, and scorecards or it can be powered by unorthodox data sources and analysis approaches and allow new-era lenders to compete and outperform large-scale rivals. The choice is yours.