Commercial Loan Support System for Loan Originators & Brokers

Collect Borrower Information, Generate Offer,
Get e-Signature & Create Credit Papers in 5 minutes

Customer Onboarding for Loan Originators & Brokers

Collect Borrower Information, Generate Offer, Get e -Signature & Create Credit Papers in 5 minutes

Case Study: Acumen Finance, Australia

A leading finance broker and non-bank lender

The solution we engineered

With an integrated cloud native ecosystem, we were able to amalgamate various functions into one single solution that is scalable, reliable, and most importantly, secure.

With a fully automated solution, what usually took days is now processed in minutes

“We are excited about the fact that we can assess commercial loans at lightning speed based on the automation and tech in the back-end!”
Nathan
CEO of Acumen Finance

How you can benefit with this system

Cost Reduction

Significantly reduce legal and credit specialist fees from the time saved with auto generated documents.

Execution Speed

What used to take 3 or 5 days is now reduced to 5 minutes or 4 hours depending on case complexity.

Data Accuracy

A robust data collection system eliminated incomplete application data and repeated back and forth communications.

Automation Efficiency

Automation enables a work force to focus on more critical, client-facing tasks than repeated and menial operations.

Litigation Support

Rest easy knowing that you have complete documentation and an audit log available, in the event that it is needed.

Increased Conversions

Close more clients when prospects know that the loan processing can be completed quickly within a day.

The loan application process

The sales process begins here with the loan application form.

Collect Data

  • Borrower and guarantor details
  • Project description and parameters
  • Available securities to underline the loan 
  • Mandatory documentation

Generate Proposal

  • A.I. automatically generates an engagement letter
  • Dynamic terms and conditions
  • Obtain e-signature & consent

Generate Credit Paper

  • A.I. automatically generates a credit paper and sends it to the sourcing specialist and paralegal
  • File supporting documentation

Collect Data

  • Borrower and guarantor details
  • Project description and parameters
  • Available securities to underline the loan 
  • Mandatory documentation

Generate Proposal

  • A.I. automatically generates an engagement letter
  • Dynamic terms and conditions
  • Obtain e-signature & consent

Generate Credit Paper

  • A.I. automatically generates a credit paper and sends it to the sourcing specialist and paralegal
  • File supporting documentation

Customer's Confirmation Email

Customers will immediately receive an automated confirmation email after a loan application form submission with the following PDF documents:

  • Loan Application Summary
  • Terms and Conditions

Successful Loan Application Email

A second email is sent concurrently to the principal with the following auto generated documents in its final format:

  • Loan Application Details
  • Loan Application Summary
  • Client’s Credit Summary
  • Terms & Conditions (DOC & PDF)

Contact us and let’s explore how we can do the same for your business.

With multiple third-party systems that weren't fully integrated, Acumen Finance faced these major drawbacks:

Partial Automation

Manual processes were still required to create credit documentation from the loan application data received.

Incomplete Data

Repeated contact with loan applicants over the phone were common as a result of incomplete data or documentation.

Avoidable Cost

Manual preparation of loan application documents incurred legal and credit specialist fees that could have been avoided.

Sluggish Turnaround

Due to the menial and complex process it took up to 5 days to process a single loan application.