AIO Infographic: Competing with online lenders for commercial lending market share
Digital solutions, such as AIO, automate the document collection and verification process in lending, reducing borrower stress and decreasing lending cycle times. Read our infographic to find out how AIO benefits financial institutions.
There’s too much paper in lending. Recent Finastra research revealed that in 2020, 90% of loan onboarding at financial institutions is still paper based. This is slowing the industry down. Borrowers have to invest time and effort in manually collecting and sending paper documents to lenders. What if you could streamline document collection and verification to originate loans faster? Read our infographic for commercial lenders about competing with online lenders for market share using digital documents.