Lendinero launches a new technology platform that connects businesses to capital. In fact, Lendinero has created a user portal that allows business owners to upload numerous documents. Today, business owners can upload bank statements and other financial documents. In addition, they can obtain update statuses on their loan application and monthly updates. In summary, an online platform for business owners simplifies business loans.
online platform for business owners
Of course, borrowers can now incorporate Lendinero’s loan origination process, bringing increased efficiency to the small business lending process. At last, business borrowers save time because it reduces the application time frame. Also, the user portal allows borrowers to access all of their documentation into google documents. Now that the user portal has the capabilities of integrating and sharing documents with google drive. First, is the function that allows users to have a secure place to upload documents, view documents, and obtain notes.
Thereafter, the second function allows borrowers to submit their bank statements on a monthly basis so that Lendinero can monitor them month to month. To that end, the issue we see is that small business owners take out a loan and they don’t monitor cash flow. Given these points, with this system business borrowers can review bank statements month to month prior to refinancing or renewal time. Equally important, by monitoring bank activity and cash flow new financial recommendations can be made.
An online platform for business owners simplifies processes.