- Launching a new $10,000 small business loan product in 2 weeks
Casca partnered with an FDIC-insured bank to launch a fully automated small business loan product, featuring instant credit decisions and automated KYB/KYC.
- Client
- FDIC-insured Bank
- Year
- Service
- Small Business Lending
Overview
The bank identified a gap in the market for quick-access small business funding. Traditional loan products were taking too long to process and required extensive manual review.
In just 2 weeks, Casca helped launch a fully automated $10,000 small business loan product:
- 5-minute application process with instant decisions
- Integrated credit pulls, KYB, and KYC checks
- Automated document verification and contract generation
- Electronic signatures for seamless closing
- 90%+ conversion rate from application to funding
The automated platform handles everything from initial application to final funding, with built-in compliance checks and fraud prevention measures ensuring regulatory requirements are met.
What we delivered
- Automated Loan Platform
- Instant Credit Decisions
- Integrated KYB/KYC
- Electronic Closing
- Time to market
- 2 weeks
- Application time
- 5 min
- Conversion rate
- 90%+
- Loan amount
- $10,000