Quantiphi’s SBA PPP Loan Solution Suite for Financial Institutions

RRS for Small Business Assistance - GCP version-1

 

Rapid, custom & transformative solution suite for Financial institutions to effectively handle spikes in PPP loan requests and subsequent phases of processing including Forgiveness phase.

Improve processing of Loan applications:
  • Accelerate loan processing by automating processes
  • Handle influx of loan requests effectively and efficiently
  • Include a document-intensive forgiveness phase
  • Process documents with precision and accuracy
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What’s more?

Book a complimentary consulting session and check if you qualify for implementing this quick start package Free of cost!

Book a complimentary consulting session and check if you qualify for the quick start package Free of cost!

Despite the launch of the Paycheck Protection Program (PPP), the SBA has over USD 100B remaining in funding that might go unused if banking institutions are not connected with the right applicant pool. In addition, more loan applications are expected over time that might require lenders to compare and contrast sensitive information against previously submitted information by customers for loan processing.

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Lenders have to operate in a new environment addressing: 

  1. Business Continuity 
  2. Reduce risk to workforce
  3. Managing surges in volumes 
  4. Real time monitoring and reporting
  5. Security risk including countering fraudulent applications
In order to help lenders accelerate the processing of Paycheck Protection Program and other loans, Quantiphi along with Google Cloud is offering SBA PPP Loan Solution Suite which enables lenders to navigate the phases following the initial PPP loan approval process while comparing sensitive information against previously submitted information and processing documents with precision and accuracy.

Quantiphi’s SBA PPP Loan Solution Suite is powered by

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Virtual Agent (Voice/Chat)

  • Quickly build and deploy a virtual agent to respond to PPP and other loans related questions over voice/chat
  • Automatically prompts to submit new applications or check the status of the existing ones
  • Build once, deploy anywhere
  • Ability to update the virtual agent responses real-time
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AI-Assisted Document Processing

  • An End-to-end solution that speeds up the time-to-decision on loans — from the initial application submission to the underwriting process and SBA validation
  • PPP Loan Forgiveness 
  • Lending AI beyond PPP
  • Loan analytics and Administration views for the loan officers or loan processor