More capital is available for CDFIs than ever before; so the ability to deploy funds quickly without requiring staff to work overtime is critical. You’ve likely experienced some amount of staff burnout over the past 18 months with the acceleration of demand and application volume. Pre-existing application processes that required excessive email and/or phone based guidance were pressure-tested, and many were stretched beyond their limits.
Lenderfit enables teams to create their own, cloud-based, customer journeys that result in a tenfold increase in application management capacity. A well thought out digital journey results in greater transparency. Clients are empowered with TA-like guidance that results in the right information at the right time. Applicants self-organize the data you need both for approvals, and long-term reporting.
Additional capacity also results in more revenue generating opportunities as many CDFIs have been contacted by cities and counties to facilitate recovery programs that are focused on reaching BIPOC businesses with additional capital and services. Many of Lenderfit’s clients leverage DownHome Solutions, Google Suite, and/or Salesforce alongside Lenderfit.
Agenda
Welcome
Lenderfit Intro
High Level Demo
Panel Comments
Q&A