New Client Announcement
Oct 12, 2024
LendAPI is pleased to announce a new client joining our platform. This client will start a POC (Proof of Concept) on the LendAPI platform. The private real estate financing market is heating up as investors and developers are re-entering the market as inflation and cost of capital falls.
New Client Announcement - Real Estate Financing
One of LendAPI’s key features is our Product Studio where clients can design custom applicant experiences field by field, page by page. In a true Wix styled product builder, clients can ask applicants to enter any number of fields defined by the client. LendAPI has widgetized customer interactions such as OTP (One time password to the applicant's mobile phone), e-sign, displaying and uploading documents outside of form fills and fields.
Client Details
This client has been in operations for a long time with a seasoned executive team well versed in technology and real estate financing. They have engaged LendAPI to leverage our product builder to quickly design a workflow and launch landing pages for their brokers and developers to submit applications which will be injected into their enterprise CRM system.
Why now?
The choice between building enterprise systems that can take in first and third party applications as well as running complex financial underwriting rules is clear now with LendAPI. We’ve lowered the cost to entry to a minimum while providing transparent, do it yourself tools for clients to immediately start designing application and decision flows day 0.
There is no need for an expensive onboarding fee, buying maintenance hours or expensive integration costs to other enterprise systems. LendAPI has eliminated barriers to entry for fintechs, banks and private financial institutions to launch their products in hours.
Why LendAPI?
LendAPI provide a modular approach when it comes to launching new products. You can use the product studio by itself and collect documents, interact with customers and use our Application Portal To adjudicate applications in real time.
You can also use our Rules Studio to build as many KYC, Credit Underwriting rules as you please and links to our Pricing Engine. You can interact with the rules you’ve created with our rules engine directly with an API. You can do the same with our pricing engine as well.
You can use all of what LendAPI has to offer or sections of what we provide. Each part of our platform is accessible with an API call.
LendAPI’s competitive advantage
While other competitors are tangling their clients with endless onboarding documents, paperwork, negotiating tenuous long term contracts, our clients are already up and running with customer experience, credit underwriting management all on their own.
LendAPI’s key functionalities for this launch
LendAPI’s Third Party Integration Platform
LendAPI’s Product Studio
LendAPI’s application dashboard
LendAPI’s key vendor for this launch
Salesforce
About LendAPI
LendAPI is the only digital onboarding platform for banks with a suite of Product Studio, Pricing Engine and Rules Studio working in concert all in one platform. Follow us on Blog, Linkedin, X, YouTube.