The CLOUDecision MarketPlace Lending (MPL) Consumer Finance Lending System is a dynamic domain oriented platform for quick loan origination, underwriting, built-in score cards and decisioning. CLOUDecision MPL is the most state-of-the-art consumer lending workflow model designed to meet present and future consumer financial needs.
The workflow enables businesses (or individuals) to fill out the application in just 3 minutes, while the MPL background system automatically gathers all financials and credit data into MPL systems.
All of the above processes can be done in less than 5 minutes without any human intervention.
The CLOUDecision MPL platform has built-in score cards for each consumer product type. It provides an automatic decision matrix to help approve, decline, or make exceptions for all loan submissions in less than 4 seconds.
Key Features:
Domain Based Application Generators for any marketplace originations
Push loan apps to any participating vendors, businesses and web sites
Ability to integrate with practice mgmt. software, banks or other 3rd party vendors
Ability to upload financial data in seconds or manually enter/update data
Enables customized on-line application for customers/brokers/users
Originate, Underwrite and Decisions in less than 5 minutes
Identify and calculate risks on demand
Add, change decision matrix in seconds