LoanSwift is an indirect auto funding platform that automates document classification, data extraction, and validation to move loans and leases from approval to funding faster. The lender-agnostic system works with existing workflows, supporting both retail loans and leases without requiring system replacement. It flags exceptions early so deals fund clean the first time, reducing manual handoffs and delays.
Funding
Funding not disclosed
Founders
Product
Problem
Even when lenders automate credit decisioning, the funding process still relies on manual document checks, spreadsheets, and handoffs between teams. Each exception adds rework and delay, straining dealer relationships and capping growth as loan volume rises.
Solution
LoanSwift provides an indirect auto funding platform that automates document classification, data extraction, and validation across the entire funding pipeline. The system standardizes workflows for both auto leases and traditional retail loans, so lenders can process deals in one place without adding systems or headcount. Built-in document intelligence flags exceptions before they stall a deal, enabling packages to fund cleanly on the first pass. The platform is lender-agnostic and designed to fit existing workflows without requiring a rip-and-replace implementation.
Target Audience
Primary customers are auto lenders and financial institutions that fund indirect auto loans and leases through dealership networks, including those seeking to reduce manual funding work and accelerate time-to-fund.
Features
- Automated document classification, data extraction, and validation for indirect auto loans and leases
- Unified configuration for both lease and retail funding workflows in a single system
- Exception flagging that identifies issues before they delay a deal
- Lender-agnostic design that integrates with existing approval and funding processes
- Live funding pipeline dashboard showing deals in progress, funded today, and those stuck over 24 hours