Ideas, insights, and trends for commercial finance executives.
A business submits an application for a commercial loan. Now it’s time for the loan underwriting process – the most critical step in loan origination.
The process of commercial lending used to be lengthy and complicated. It used to be extremely manual when not working with automation that can now
Should you automate third-party data and apply your loan policies and risk thresholds to facilitate real-time loan decisions? The short answer: Yes! Imagine automating analysis using customer, business and third-party data to facilitate real-time decisions. An origination and underwriting platform that can be used to automatically approve prospects and do credit reviews on current customers and is also configured for a lender’s loan policies and risk thresholds.
