Communicate, Alert and Inform members and customers in channel of their choice.
Reduce the funding time.
Increase volume of funded loans and profitability of each loan.
From sending an application to closing an approved loan and everything in between, lending happens faster and safer with Text Messaging.
Why Text Messaging?
Faster and Efficient
Send automatic loan status updates to members for faster processing
Receive quicker member responses to document collection requests
Receive actionable insights into the members’ document loan journey
Secure and Compliant
Ease-of-Use Increased Engagement
2-Way Messaging Deeper, more personalized communications
Encrypted Links Secure document collections
Auto loans were taking several weeks to process, with the top reason being missing paperwork. This long process led to frustration and even abandonment of loan applications.
Eltropy’s secure document collection via secure links sent over Text Messaging has led to 44x faster response times. What used to take days and sometimes weeks, document collection averages about 33 minutes with Text Messaging.
“Eltropy help us streamline the loan process and get those documents we needed a lot faster”