Currently, more and more people and businesses are seeking out loans from financial institutions. Although we are recovering from the economic recession, businesses and individuals still need to borrow a working capital to start succeeding. Given the reason for the actual recession, banks are more stringent in their loan practices.
Are you a financial institution? If so, you must be dealing with this very problem on a daily basis. If you’re worried about awarding loans to unqualified customers, there is a way to decrease any potential errors in granting loans.
Print2eforms offers innovative loan forms processing services that will prevent your financial institution from granting loans to unqualified customers. We can convert your loan applications into text and stored in electronic files of various formats including MS Word and PDF.
How can converting your loan applications to text in eFiles prevent you from loan granting errors?
By converting all your loan applications and documents into text in computer files, you can run multiple programs to sort and isolate your loan documents in a matter of seconds using any parameters you specify. Imagine, in mere seconds; you can deny all Loan Forms Processing that doesn’t pass the minimum credit score rating! In another mere second, you can arrange your tens of thousands of loan applications by annual income!
Also, it is good practice to update your customers’ credit scores yearly so you can adjust their credit lines. Now that their files are in the text, you can simply update all your customers’ credit score simultaneously by running a script or program that automatically looks it up via automatic input of their SSN, name, d/o/b, etc.!
So contact Print2eforms today and save time and money! Don’t pay your secretaries and administrative staff for endless data entry hours inputting customer data into the computer! With Print2eforms, your staff can be more productive, and you save money! So contact us today and start using our loan forms processing service!