Financeable is a finance matching platform that streamlines the qualification, quoting, and referral processes for brokers and lenders. It enables users to assess client eligibility, generate accurate quotes, and facilitate seamless referrals to appropriate lenders within seconds, integrating with lender APIs, digital ID verification, and credit scoring systems.
Funding
Funding not disclosed
Founders
Product
Problem
Finance brokers face challenges in efficiently managing the loan application process, including staying updated on lender policies, manually entering data across multiple systems, and spending excessive time on administrative tasks. This results in slower processing times, increased operational costs, and potential errors in application submissions.
Solution
Financeable is a platform designed to streamline the finance application and lodgement process for brokers. The platform integrates lender rates and policies, automates data entry by connecting to various data sources (e.g., Equifax, Illion, ASIC, PPSR), and enables direct application lodgement to lenders. By consolidating these functions, Financeable reduces the time required to complete an application, minimizes manual data entry, and facilitates faster loan processing. The platform's integrations with lender APIs, digital ID verification, and credit scoring systems further enhance efficiency and accuracy.
Target Audience
Financeable is designed for finance brokers, aggregators, and lenders seeking to streamline the loan application process and improve efficiency.
Features
- Integration of lender rates and policies, updated in real-time
- Automated data population through connections to Equifax, Illion, ASIC, Glasses Guide, and PPSR
- Direct lodgement to over 20 lenders, eliminating the need to re-enter data in lender portals
- Real-time matching of customer profiles to lender criteria
- Secure data storage with user-controlled data ownership
- Support for commercial asset finance, consumer asset finance, commercial unsecured, and consumer unsecured loans
- Third-party service integrations for digital ID verification and credit scoring