The competition in the freight factoring market is accelerating at a rapid rate. The strong and growing freight factoring market is drawing in lenders hungry for opportunity. Fast new loan origination and underwriting software and key technology innovations are changing the game by allowing lenders to take on new clients in record time and meet client demands for speed. Find out how you can stay ahead of the competition and make the most of this growing market.
Blog | Category | Innovation
Technology innovations have changed the face of real estate lending. Traditional lenders have been working with outdated LOS and underwriting systems slowing down loan origination, underwriting, closing and onboarding. Modern tools are Flipping the Fix and Flip market. Lenders now have the ability to easily access credit scores, financial histories, and even criminal records all via one convenient cloud-based software.
Decipher Credit announced it partnership with Salesforce to bring its loan origination, underwriting and monitoring capabilities to the Salesforce AppExchange, empowering customers to originate, approve and close loans in record time. The partnership with Salesforce will enable commercial lenders to improve efficiency and grow revenues through further automation.
SBA lenders have been working nonstop to help small businesses affected by COVID-19 get access to capital under the CARES Act signed into law last week for businesses via the Payroll Protection Program (PPP). Decipher’s team has been working around the clock and has developed an all-digital SBA PPP lender application and complete automated solution to process and approve businesses quickly.
The CFA’s Fintech and Innovation Forum in New York highlighted the most important trends that will affect the industry over the next 3 to 5 years. Find out what innovations will dominate the landscape affecting Asset Based Lending and how to stay ahead of the curve.
How and why technology is innovating the traditional commercial lending space. Businesses can now apply online for funding and commercial lenders can respond faster, stay ahead of competitors, and take on more customers with cutting edge underwriting technology.