Completing onboarding due diligence can be an extremely complex and time-consuming process, especially for lenders who continue to rely on tedious manual processes. Such was the case for Compeer Financial ― until the farm credit organization deployed Borrower Analytics. Since then, the company has been able to reduce the time spent on UCC searches by 36%, as well as streamline operations, improve report consistency, lower overall onboarding time, and achieve additional benefits.
Because Borrower Analytics utilizes advanced technology to analyze UCC search documents and deliver actionable intelligence reports, lenders gain deeper knowledge about prospective borrowers and can more quickly evaluate and address potential risks.
Read our Case Study to find out how Compeer uses Borrower Analytics to elevate its due diligence process and enhance overall operations.