Boss Insights accelerates lending approvals from months to minutes. The plug-and-play platform ties into existing software, is configurable, and can accommodate loan approvals for businesses that track their progress on the cloud. The platform serves SMB loans to mid-market for BANKS, CREDIT UNIONS, and ALTERNATIVE LENDERS.
The Smart Capital platform supports banks undergoing a digital transformation with those that invested in digitizing data earning 2% higher ROE than their non-digital competitors. To date, the process of applying and getting approved for a loan is largely manual including financials, credit checks, and relationships. Boss insights’ Smart Capital platform enables lenders to transition to real-time automated approval through real-time screening, due diligence, and portfolio management. Our Smart Capital tool accelerates lending from months to minutes by automating qualified lead generation, increasing transparency for both borrowers and lenders, and streamlining back-office operations. It eliminates complexity from the lending process, provides a 360-degree view of all relationships and facilities under management, reduces risk of default, and increases ROI!
Credit unions are increasingly prioritizing digital transformation, to not only meet the demands of an ever-changing industry but also to meet the needs of employees, members, and regulators. Boss Insights empowers credit unions with agility and accuracy thereby making lending decisions easy and quick. The Smart Capital product suite offers screening, due diligence, and portfolio management to easily identify and manage the right borrower profiles. Our big data & AI-backed tool allows credit unions to extend applications to the relevant profiles saving time, effort, and cost.
Private lending has doubled in size since 2015 and is continuing to grow as borrowers recognize the industry as an alternative source of capital. As private lenders dealing with less-than-ideal credit scores, risk-management is key. Boss Insights’ product suite offers tools that help reduce risk from the start of the lending process to the end thereby creating the ideal portfolio of lenders, enabling efficient management of the portfolio and minimizing risk. The turnkey solution accelerates approvals automating the process from qualified leads to ongoing portfolio management.
Boss Insights demonstrates qualified lead generation and connecting to accounting software in under 30 seconds at Finovate 2019