Despite innovations in the lending industry, lenders still struggle to access all the data needed to make smart and fast lending decisions, which impacts SMBs and consumers’ ability to borrow capital.
That’s why Lendflow has partnered and integrated with Ocrolus. As the next frontier of lending innovation, full stack lending platforms like Lendflow partner with data providers like Ocrolus to enable lenders and fintechs to fully automate and optimize their entire lending operations. In turn, lenders can provide easier and faster loan approvals to qualified SMB borrowers, while minimizing risk.
Lendflow’s embedded Credit Decisioning Engine unlocks the full potential of Ocrolus’ document automation technology, which enables lenders to analyze data from documents—such as bank statements, W-2s, and business tax returns—and provide critical insight into a business’ revenue, daily balances, and more.
Ocrolus provides Lendflow with insights into a borrower's cash flow to determine where a loan application should be routed within its lender network and enables lenders to efficiently process SMB credit applications.
Lendflow’s advanced data aggregation tools feed into customizable workflows that fit your credit underwriting criteria or policies. Customers provide secure, credentialled, and authorized access to their accounting data, which is then automatically pulled into Lendflow’s Credit Decisioning Engine and analyzed alongside other relevant data points.
Deeper document analyses drive better, smarter credit decisions. With the help of Ocrolus, Lendflow can enable lenders to efficiently process each borrower’s documents — driving faster turnaround times and more accurate credit evaluations.
At Lendflow, we’re constantly striving to help lenders place capital in the hands of qualified customers — partnering with Ocrolus will help us achieve our mission to enable every company to provide seamless financial experiences to their customers, empowering them to reach their full potential, faster.
If you’re interested in learning more about Lendflow schedule a demo today!