CRF developed SPARK as a technology resource for small business lenders seeking a cloud-based platform to manage the loan origination process. SPARK helps improve efficiency, generate revenue and minimize risk while providing an end-to-end solution to manage each loan, from pre-screen through disbursement. CRF has originated hundreds of SBA 7(a) loans using SPARK, cutting loan origination times in half while complying with all SBA rules, procedures and requirements.
With SPARK, lenders can: