Drum roll please …. You now have complete visibility into the lenders’ engagement with any transaction. Now you have a way to track the level of lenders engagement: who is working on a loan request, who has passed and why. If the activity is low you can proactively invite more lenders to view the loan.
This is transparency at its best. All loan-related activities are stored in one single place giving you an opportunity to avoid delays and take actions in order to move the deal forward.
With a click of a button, you generate a report to see all the lenders with whom you have shared your loan request. You can monitor who has accepted your invitation to the platform, viewed your loan package, asked questions, submitted quotes and term-sheets.
You can resend your invitation or initiate a direct chat with the lender directly from the “Action” column.
Lastly, if you feel that there is not enough activity you can resend your loan package to a new group of lenders, or send it to those that have not yet seen your request.
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