Quoteshack

Bring the Borrower and Lender to the same page

10 followers

Bring the Borrower and Lender to the same page

10 followers

QuoteShack’s AI & ML model helps in removing fraud and fake info providers. Generating more qualified leads and making loan processing more faster and reliable. Just bringing it all-in-one place.

Interactive

Free Options

Launch tags:Sales•Fintech•Security

Launch Team / Built With

Intercom — Startups get 90% off Intercom + 1 year of Fin AI Agent free

Startups get 90% off Intercom + 1 year of Fin AI Agent free

Promoted

Maker

📌

While working with different financial institutions in Canada, we noticed that most institutions use different platforms or multi-functional systems. For generating leads, creating applications, interacting with clients, collecting documents (mostly via email), & lastly processing loan applications. This kills time, as well as trouble for the employees, and at the same time delays in closing deals. Having all these functions split across multiple platforms creates inefficiencies. Switching between systems for each step adds unnecessary complexity and introduces more points for delays or errors. QuoteShack’s approach of consolidating these processes should significantly improve workflow, making it easier for employees to focus on closing deals without getting bogged down by system navigation. With everything in one place, institutions can likely reduce errors, streamline processing, and improve client experience by minimizing waiting times. Also on the other side, many borrowers are stuck in a high-interest debt cycle, and QuoteShack can help them. It will help them to find what loan rate of interest they qualify for without hurting their credit, making them know exactly where they are standing. Even new borrowers can also use this feature before applying for a loan. We believe credit history should not prevent anyone from obtaining a loan to fund their future. Our AI&ML model focuses on studying borrowers' financial behaviour (credit data analysis, digital footprint analysis, email analysis, phone analysis, and IP analysis). This allows us to know more about the borrower and as a result, helps them get the best deals possible. We are trying to remove the traditional credit score system and bring in an innovative data-driven system backed by AI&ML model. And overall it helps both sides, borrowers can get the best rates and lenders can reduce variable risk by almost 85 to 90 percent.

Report

1yr ago

Maker

Hi, my name is Raj, co-founder of QuoteShack, this is our lender's part and it's coming soon.

Our AI loan model will help centralize leads and convert them into loan applications, allowing you to get more done faster. Bringing everything together in one place also helps lenders finish deals faster, minimize errors, and reduce the chances of fraud and credit risks.

Problems we are working on:

Using multiple platforms by lenders in the lead generating to loan processing.

Traditional document collection system via email or links

Traditional communication systems, using phones, emails, or third-party platforms for texting

Using manual or partial or no automation for errors, frauds, and risk minimization

Using manual systems to verify loan applications and income

Solutions we are providing:

One platform to generate leads, convert them into loan applications, and process loan application

Communication channels to connect with borrowers from the same platform

Collect documents from the same platform

Analyze and verify loan applications, documents, and income from the same platform

Generate risk metrics to understand and reduce credit risk from the same platform

If any lenders or investors are interested in trying out our AI model then JOIN OUR WAITLIST