Built for the changing needs of SMBs, FIs can originate and service more small business credit. It has pre-built APIs with leading data sources and tools.
CredAcc is helping US Banks and other financial institutions digitize their SMB lending processes with its no-code, end-to-end, and truly nimble platform. Built specifically for the changing needs of SMBs, FIs can originate and service more small business credit faster and better than ever with CredAcc. CredAcc is built by bankers, for bankers – the highly intuitive and configurable platform has been crafted by expert credit professionals and technologists with a keen eye for risk and an intricate understanding of modern lending operations. CredAcc has sales, operations, screening, underwriting, servicing, innovation, and admin modules incorporating deep real-world SMB lending expertise. The platform has pre-built APIs with leading data sources and tools to enable AI-powered automation and 100% paperless processing. The result: speedy credit, faster go-to-market, fewer defaults, superior customer and FI employee experience, 24/7 access, and a significant reduction in operational time and cost for higher profitability.
CredAcc currently scores 51/100 in the Loan Management category. This is based on press buzz (23/100), recent user trends (falling), and other relevant information on CredAcc gathered from around the web.
| The score for this software has stayed the same over the past month. What is this? |
Intelligent automation: End-to-end, unified lending process
Cost-effective: Save time & expensive IT development costs
Instant lending products: Build lending products on the go
Cloud-based: 100% paperless & 24x7 access
Highly configurable: Intuitive & easy-to-setup with pre-built modules
Open banking APIs: Faster, better, deeper underwriting & credit decisioning
AI-accelerated automation: Pre-built modules for borrower creditworthiness
Automated screening: Pre-built verification sequence for reduced fraud & defaults
Yes, CredAcc has customer support teams, guides with detailed explanations and video tutorials of key features.
CredAcc offers out-of-the-box functionalities and comes pre-integrated with industry-leading third-party apps that support end-to-end automated processing of key SMB loan types.
CredAcc can be used to automate end-to-end SMB lending processes with as many customizable credit products, decision rules, and scorecards as required including new origination, KYC, KYB, fraud checks, underwriting, approval, thorough loan processing, lien monitoring and creation. Through advanced API functionality and industry-best third-party integrations, financial institutions can either fully or semi-automate their lending processes depending on their customer requirements. CredAcc comes with built in capabilities for creating a complete straight pass-through application journey for borrowers, along with report generation and scheduling. It can also be used for instant renewal, review, and modification of existing SMB loans.
Yes, CredAcc offers granular access provisions for different teams and hierarchies within these teams.
CredAcc is a cloud-native application that uses Amazon’s AWS. It can be integrated with other systems via APIs.
CredAcc offers service modules such as loan servicing, user creation, and authentication systems with external systems support for all these services.
It comes pre-configured for easy integration all the major platforms including some of the most commonly used external services like eSignature, Verification, bank account aggregation, core system integrations, and more.
Yes, CredAcc is built on a microservices architecture and offers comprehensive APIs tailormade to the financial institution’s needs.
CredAcc offers next generation no-code lending technology to optimize and fast-track small business lending innovation for financial institutions of all sizes. It is built for all users involved in the end-to-end loan lifecycle of small business lending, including lead generators, relationship managers, application processors, underwriters, document processors, back-office processors, auditors, and more. CredAcc’s no-code platform allows administrators to instantly configure new credit processes and products without tech support.
