Accelerate Business Loan Underwriting by 20x

Make expert loan decisions with AI Agents trained on your documents, data, and workflow.
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“I could not be happier with where we are right now. It's by far a net positive for us, and I don't see that journey really slowing down. (...) Being able to go from three and a half hours to 45 minutes while quality goes up is unbelievable.”
Byron Matthews
CEO @ Talent Inc.
“Nobody is doing what we’re doing with Multimodal, not even close."
Jim Beech
CEO @ Direct Mortgage Corp.

Serve 20x More Borrowers

AI evaluates loan applications 20x faster than human underwriters. Use it to easily expand your customer base.

Eliminate Human Errors

Make accurate loan decisions with data-driven AI algorithms. They never get tired or distracted.

Follow Banking Regulations

AI Agents comply with regulations like GDPR and TILA to keep your business legal.

Accurately Evaluate Borrowers

AI Agents analyze hundreds of data points, like credit scores and payment history, to make the best loan decisions.

Reduce Operational Costs

Outsource all routine loan underwriting tasks to your AI – and reduce costs by 80%.

Enhanced Scalability

Efficiently process more loans without expanding your team or spending more money.

Customer Statistics

20x
Faster application approval process
Our AI Agents process 200+ document types for Direct Mortgage Corp, massively reducing client wait times.
Read the case study
97%
Client workflow automation
Our AI Agents help clients automate 80-97% of their workflows. We call this  SuperAutomation.
40x
Increase in client user base
On average, our clients gained 40x more users after integrating AI Agents into their systems.

Use Cases

See how AI Agents handle your loan underwriting tasks.

Extract Borrower Data in Custom Fields

Extract necessary borrower data into the required fields with one click.

Document AI is customized for your documents and data before you adopt it.
Eliminate manual data entry
Enhance underwriting efficiency
Accelerate data extraction

Make Accurate Loan Decisions

Evaluate applicants based on estimated financial stability, credit history, and market trends.

Decision AI analyzes hundreds of data points to extract ready-to-use insights and make smart decisions.
Improve decision-making accuracy
Reduce the chance of incorrect loan decisions
Speed up underwriting review processes

Quickly Access Borrower and Loan Records

Database AI finds borrower and loan records from your databases to answer customer and employee queries.

It quickly returns this information through natural language responses in a chat-like interface.
Easily retain and access in-house knowledge
Provide fast, data-driven answers
Improve client and employee support

Boost Borrower and Applicant Support

Answer queries with data from unstructured documents, such as  emails, financial statements, and loan applications.

Conversational AI finds the right data, transforms it into natural-language responses, and provides great customer and employee support.
Provide superior borrower and applicant support
Reduce query wait times
Effectively manage key loan underwriting information

Optimize Your Loan Underwriting Workflows

Here’s why AI Agents are different from off-the-shelf loan underwriting solutions.

Latest Generative AI

Our AI Agents use the best large language models (LLMs) to replicate human thinking skills and interpret natural language.

Custom Training

We train AI Agents on your data and for your workflow. They’re ready to handle your tasks even before you adopt them.

Multimodal Platform

With our platform, you can manage AI Agents through a chat interface, connect them with your databases, and maximize their value for your business.

See Automated Loan Underwriting in Action

See how our AI Agents work in a free, 30-minute consultation.
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FAQs

How does AI influence the handling of restructured business loans?

In the context of a restructured business loan, AI helps lenders by analyzing repayment capacities and financial stability. This improves the loan process by offering a more adaptive financial solution to businesses in need.

How do AI Agents assess small business loans?

AI Agents help assess loans by examining financial information such as credit reports, business income, and the owner’s personal credit score which helps determine the loan's terms and approval.

Is AI better than RPA for loan underwriting?

AI is considered to be better than robotic process automation (RPA) for loan underwriting because it can analyze complex data patterns and make predictive assessments to boost decision accuracy. RPA excels at automating routine tasks, but AI provides deeper insights into borrowers’ financial health and creditworthiness.

How does AI assess cash flow in underwriting small business loans?

AI uses machine learning to identify patterns and trends by learning from past financial behaviors to predict future cash flow stability. It also analyzes cash flow statements and bank account transactions to evaluate the financial health of a small business. This helps determine the business's financial ability to repay the loan by considering revenue streams and outgoing expenses.

How do online lenders use AI to improve the loan application process?

Online lenders use AI to automate the review of loan applications. This includes the analysis of bank statements and tax returns, which leads to faster loan approval times and a more efficient loan underwriting process.

Can AI enhance personal loan underwriting?

Yes, AI enhances personal loan underwriting by helping you approve or deny personal loans more quickly. Please contact us for more information. AI automates evaluations which allows for quicker approvals of personal loans. This results in a smoother loan process for both lenders and borrowers.

What is business loan underwriting?

Business loan underwriting is an evaluation carried out by lenders to determine the risk of lending to a particular business. It involves evaluating the applicant's:

- Financial health
- Personal assets
- Creditworthiness
- Business viability
- Business assets
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It’s an important process that ensures lenders can make informed decisions about loan approvals by assessing a business’s financial stability, credit history, and potential for future success.
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