"The major winner in the end is going to be the end customer, whether it be a small business or consumer. Having the capability to access more granular information will allow for more options to accurately evaluate credit risk."
Create a Digital Experience for You and Your Customers
AI Foundry helps with both sides of the lending equation—making it easier for customers while automating the lender’s back office.
By providing a digital front-end to the application process, customers can use their device of choice to start the process, get alerts on their progress and know what documents are outstanding. For lenders, the inbound documents are classified and key data extracted and saved. Analytics tell the loan officer that status of the loan, what documents or signatures are missing and at what point the loan package can be submitted to the LOS. Both the customer and loan officer have visibility into the status of the application.
We believe that digital transformation is no longer a watchword for lenders, but is an imperative for their businesses to scale and be competitive. Our holistic approach starts with optimizing the customer experience and incorporates state-of-the art user guided machine learning to automate the lending process.
AI Foundry’s Agile SBA solution can transform your business into a model that is appreciated by your customers, revered by your competitors, and creates the highest return per loan.