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As small business owners increasingly turn to credit unions to manage their financial needs, is your CUSO equipped to enhance the services they offer their members? Can you process their loan applications quickly, while reducing your own risk?
BizMark small business loan processing software tackles the entire loan decision-making process, eliminating the need for manually aggregating stacks of data while calculating endless ratios. Its powerful technology quickly delivers reliable loan decisions.
Benefit your business. About five percent of all CUSOs nationwide focus on business loan origination. For these organizations, Cypress offers its BizMark small business loan automation solution. BizMark not only reduces the expense and risk of handling business loan applications, it also minimizes the amount of time senior personnel spend on routine procedures. BizMark supports:
- SBA insured credits
- Term loans
- Lines of credit
- Corporate leasing
- Agricultural lending
- Commercial mortgage
- Corporate credit card
Make more small business loans. And more profits. Processing small business loans takes time and costs money. BizMark dramatically reduces the expense and risk of handling these applications:
- Lower-level staff can handle most requests, which are automatically approved or rejected based on your rules
- Underwriters reserve their time for more complex decision-making
- You can process multiple loan applications in the time it used to take to handle just one
- Unqualified applicants are rejected before expensive business bureau reports are ordered.
Serving multiple members. Since CUSOs serve multiple credit unions, Cypress helps develop a centralized and automated loan processing system that quickly accepts and analyzes loan applications. With Cypress, a decision comes in a matter of minutes. So does the ability to build stronger relationships with credit unions and their members alike.