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Description
Aloan streamlines the process of underwriting commercial loans for various financial institutions, including banks, credit unions, and lenders. By enabling lenders to upload their credit policy documents, the system efficiently sets up the necessary lending guidelines, data prerequisites, and compliance checklists. Borrowers can apply for loans through a customized portal, where each application undergoes verification against the lender’s policies prior to being sent to an underwriter for review. The platform intelligently sorts and organizes borrower documentation—such as tax returns, financial statements, bank statements, and rent rolls—ensuring that each document is accurately linked to the appropriate entity within complex multi-borrower arrangements. It also extracts financial data into standardized spreadsheets, with all figures clearly sourced back to their original documents. Credit memos are automatically produced, summarizing borrower information, financial assessments, compliance with policies, and suggested actions. Furthermore, Aloan integrates seamlessly with existing loan origination systems using REST APIs, while its implementation process encompasses policy ingestion, template setup, and comprehensive training for teams. This holistic approach not only enhances efficiency but also reduces the likelihood of errors in the underwriting process.
Description
KYC Scoring, an online platform that allows lending companies (small-time lenders to large banks) to assess the financial risk associated in particular clients, is called KYC Scoring. We can be thought of as an intermediary between lenders. This allows them to share financial information which allows for more accurate KYC verification. Why is this important? A client may apply for a loan and seem low-risk based on their credit history and financial transactions. However, a KYC check of our system reveals that the applicant has multiple outstanding loans and has had applications rejected by other lending companies. This information will help you make better decisions about approvals and to set the terms that are best for your business. Standard credit databases can take up to a week for new financial data to be added, including any outstanding debts. This could lead to a loan being approved, but may be rejected if you have access to live data.
API Access
Has API
API Access
Has API
Integrations
CRS Credit API
Flinks
Plaid
Stripe Identity
Pricing Details
Contact us for pricing
Free Trial
Free Version
Pricing Details
£145
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Aloan
Founded
2024
Country
United States
Website
aloan.ai
Vendor Details
Company Name
KYC Scoring
Website
kycscoring.co.uk
Product Features
Commercial Loan
Asset Management
Audit Trail
Complex Debt Structures
Dashboard
Document Management
Exposure Management
Lead Management
Pipeline Management
Risk Management
Trend Analysis