The workflow enables businesses (or individuals) to fill out the application in just 3 minutes, while the MPL background system automatically gathers all financials and credit data into MPL systems.
All of the above processes can be done in less than 5 minutes without any human intervention.
The CLOUDecision MPL platform has built-in score cards for each consumer product type. It provides an automatic decision matrix to help approve, decline, or make exceptions for all loan submissions in less than 4 seconds.