Banks and lenders weren’t prepared for the sudden announcement of the Paycheck Protection Program that would become the lifeline for many small business owners.
Automating and simplifying the loan application process speeds up the review and approval process, reduces the number of required human input, and reduces cost.
Using a No-Code solution like our P4 (Automated Paycheck Protection Program Portal) makes it also more agile. Changes to the application process are expected and need to be implemented and released as quickly and cost-efficient as possible.
We’ve recorded a quick video to show how fast and easy it is to roll out a new automated platform.