Simplified loan decisions

Ideal for establishing and streamlining lending guidelines, Automated Lending is a decision tool used in conjunction with Sharetec’s loan application. It automatically generates approval or denial of a loan based on up to eleven (11) pre-established and weighted criteria. As debt and income information is recorded, factors such as disposable income, debt ratios and loan-to-value percentages are automatically calculated for the applicant and co-applicant.