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SmallTix uses Equifax commercial credit bureaus and the criteria you defined in the scoring matrix to process all loan applications. It then provides the dealer/broker with a response by email (approved, referred, and declined).
All disbursements remain conditional to providing the appropriate documentation to validate the information submitted online.
*Canadian version.
Dealers and brokers want to offer fast and simple financing options for small deals. They also want to be able to find out quickly whether or not their commercial client qualifies with your institution or not. Be the lender that provides them with the tools they need! |