AI case study

FundwellLoan underwriting

Staff tracked loans via Gmail and Excel. Now, AI automates risk assessment from financial records, saving 30 hours a week.

Published|1 year ago

Key results

Faster Onboarding
83%
Weekly Workload Savings
30 hours
Disbursement Time
24 hours

Result highlights

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The story

Context

A financial platform that has facilitated over $1 billion in funding for 5,000 businesses across 50 industries, connecting borrowers with more than 60 partners.

Challenge

Staff relied on manual workflows using Gmail and Excel to assess financial histories and manage client interactions. This fragmented process slowed...

Solution
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Scope & timeline

  • $22M funding generated via AI portal

Quotes

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Use case

Fundwell's Loan underwriting is part of this use case:

Data Extraction
148 case studies(+47% YoY)
Proven impact?
4.6Moderate
LowModerateStrongVery Strong4.6
3.7Moderatewithin Financial Services
4.7Moderatewithin Product Engineering

The company

Fundwell logo

Fundwell

fundwell.com

Business lending platform for small business loans and embedded capital solutions.

IndustryFinancial Services
LocationSan Francisco, CA, USA
Employees11-50
Founded2013

The vendor

Cloud computing services, AI infrastructure, and data analytics platforms for enterprises.

IndustryTechnology
LocationMountain View, CA, USA
Employees100K+
Founded1998

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