With the “Small Business Lending Bill” now signed into law, the need to help newly resourced banks connect with creditworthy small business owners and entrepreneurs who want to borrow, has become a more important issue than ever before. Funding Roadmap, the groundbreaking online multiple-choice business plan and due diligence reporting system with a built in loan application has a solution to that problem.
A Funding Roadmap License provides the perfect tool for bankers and lenders looking to better serve the needs of their small business customers, dramatically streamline the approval process and enhance the funding experience,” says Unismart Capital Software CEO Ruth Hedges.
The Funding Roadmap platform provides a much easier online process for borrowers and lenders alike, with a simpler yet comprehensive multiple-choice format that could be the game changing technology solution that our country needs to bring these parties together and renew the funding of small business.
The private label licensable platform can be distributed directly from banks’ websites on their secure servers anywhere in the world and will attract more creditworthy applicants than the more expensive and labor intensive methods presently used by banks to attract new clients. The bank pays a yearly subscription fee to integrate the platform onto their website and build their own internal marketplace of credit worthy applicants, so branch loan officers can see all the applications within the system from across the country that fit the criteria they’ve set.
The Funding Roadmap provides banks the ability to compete with the online loan exchanges that have proliferated recently. Banks can also win an advantage over their competitors by helping simplify this process and reduce the frustration applicants experience as well. By accepting business loan applications along with their business plan information through their own websites, banks get the convenience of taking a quick first look as well as the ability to take the process all the way through the underwriting and auditing process without using third parties to help them find or process their loans.