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These APIs make the deal submission process faster and more cost-effective by automatically matching deals with appropriate lenders, leading to higher approval rates and minimizing declines.
Jeffrey Morgenstein, CEO of Cloudsquare, highlights that these APIs can increase submission speed tenfold, saving significant amounts in processing costs and giving clients a competitive edge.
The supported lenders include:
Bitty Advance
CAN Capital
Credibly
Expansion Capital Group
Fora Financial
Forward Financing
Headway Capital
Idea Financial
Kapitus
Lendini
Mulligan Funding
OnDeck
PIRS Capital
Rapid Finance
For those working with lenders not currently supported, Cloudsquare can integrate any lender into the submission system, provided they have an API.
This flexibility and the addition of real-time updates, document retrieval, and instant decision-making features ensure businesses can operate at unprecedented efficiency, reaffirming Cloudsquare's dedication to driving industry advancements through technology.
Our Opinion:
The adaptation of the lender APIs by Cloudsquare holds immense potential for alternative lenders in the United States as it brings about higher efficiency, profitability, and enhanced data security.
Cobalt Intelligence offers an API-first approach, designed for simplicity and ease of integration. Our technical team excels in providing direct support, and streamlining the onboarding and integration process. Whether you're integrating into your CRM or need assistance without a development team, we've got you covered.
Would you like some help with how to get started?
Schedule a FREE Consultation Call Today!
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