The borrower submits an application. Your system queues it for verification. And then—the "user waits for response."
Every compliance officer has witnessed it: the examiner requests verification evidence for a funded loan, and the underwriter admits they "forgot to save the screenshot.
Every loan application tells a story—but the formation date tells you whether that story is true.
Every pricing mention now requires APR after offer extends
For alternative lenders processing hundreds or thousands of applications monthly, manual Know Your Business (KYB) verification has become the "Achilles heel" of scaling operations.
Case highlights collateral monitoring gaps for A/R lenders
Most lenders underestimate what manual verification actually costs.
Business verification isn't one-size-fits-all.
Every loan you fund to a sanctioned individual or entity is a potential enforcement action.
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