Case Study

Abrigo Credit Analysis

Abrigo Credit Analysis

Pages 1 Pages

abrigo.com CHALLENGE With a decentralized lending process, consistent credit analysis is a common challenge financial institutions face. Bank of Cadiz and Trust Company had this problem because their individual lenders completed their own analysis for their customers. The bank used one system for commercial loans but did calculations by hand for consumer loans. They knew they needed a solution that would accommodate both their commercial and personal loans. SOLUTION Bank of Cadiz and Trust Company now has both a consistent input process and output because of Abrigo Credit Analysis. The bank mandates that all lenders use Abrigo for every loan. This allows them to keep a process in which the lenders do their own loan analysis and eliminates the need to hire another full-time

Join for free to read