Cashflow underwriting has been used in commercial lending for decades. However, because it involved cumbersome manual processes, it wasn't really well-suited for consumer lending. In short, it was too much work for too small a loan.
Those days are gone. Open banking, artificial intelligence, super-fast computers and high-speed connectivity have combined to make cashflow underwriting affordable and practical for consumer lending.
Finopotamus has assembled a panel of cashflow underwriting experts to help your credit union understand the opportunity, avoid the pitfalls, and expand its reach in the community.
Joining host John San Filippo are:
Brian Reshefsky, CEO of Edge
Shelly Thompson, Senior Strategic Advisor at Ooblix Technologies
Tom Tobin, CEO of Modelshop