CRF Spark LOS integration
CRF developed SPARK as a technology resource for small business lenders seeking a cloud-based platform to manage the loan origination process. SPARK helps improve efficiency, generate revenue and minimize risk while providing an end-to-end solution to manage each loan, from pre-screen through disbursement.
CRF has originated hundreds of SBA 7(a) loans using SPARK, cutting loan origination times in half while complying with all SBA rules, procedures and requirements.
With SPARK, lenders can:
· Improve loan operation productivity
· Fund more underserved businesses
· Create a scalable process for speedy loan origination
SPARK is an extremely robust core origination system that includes customizable lending products and features, secure borrower-facing loan applications, scalable document classification and powerful reporting capabilities. Best of all, SPARK can be branded and tailored with a lender’s unique look for seamless integration with existing systems. And because it’s cloud-based, lenders can access the platform anytime, anywhere without development costs.