Infographic – Digital Lending and Credit Automation: Before and After
Processes such as handling new loan requests, risk rating, and performing due diligence are all a part of a larger process: the life of a loan.
Loan origination can be a long, frustrating process that requires large spreadsheets, data to be re-entered multiple times, and constant document collection.
By turning to automation, lending and credit professionals can focus more on revenue-generating and customer-facing activities instead of duplicative data entry and tracking down components of an application.
See the step-by-step benefits and stark difference between an automated and manual lending process, and learn how automation can help your financial institution today.