Insellerate’s Post

At Nexval.ai, we understand the importance of fostering diversity and inclusion in the mortgage industry. That's why we're proud to be an MBR-certified company by the National Minority Supplier Development Council (NSMDC). We offer a cutting-edge AI solution specifically designed to streamline the mortgage approval process for all borrowers. Nexval.ai removes unconscious bias from loan assessments by using advanced AI for: • Automated Document Classification: Say goodbye to manual document sorting! Nexval.ai intelligently categorizes loan applications, speeding up processing times. • Data Extraction with Accuracy: Ensure all relevant information is captured efficiently, reducing errors and delays. • Fair and Transparent Decisions: Our AI is trained on massive datasets, eliminating human bias and promoting equal opportunity for all loan applicants. By partnering with Nexval.ai, you can: • Increase Efficiency: Free up your team to focus on providing exceptional customer service. • Reduce Bias: Promote fair lending practices and ensure a level playing field for all borrowers. • Enhance Transparency: Gain valuable insights into your mortgage approval process. As an MBE company, Nexval.ai is committed to supporting diversity and inclusion initiatives. We'd love to discuss how our AI solution can help your organization achieve its goals. Schedule a Demo Today to explore how Nexval.ai could be a game changer for your business!

At Nexval.ai, we understand the importance of fostering diversity and inclusion in the mortgage industry. That's why we're proud to be an MBR-certified company by the National Minority Supplier Development Council (NSMDC). We offer a cutting-edge AI solution specifically designed to streamline the mortgage approval process for all borrowers. Nexval.ai removes unconscious bias from loan assessments by using advanced AI for: • Automated Document Classification: Say goodbye to manual document sorting! Nexval.ai intelligently categorizes loan applications, speeding up processing times. • Data Extraction with Accuracy: Ensure all relevant information is captured efficiently, reducing errors and delays. • Fair and Transparent Decisions: Our AI is trained on massive datasets, eliminating human bias and promoting equal opportunity for all loan applicants. By partnering with Nexval.ai, you can: • Increase Efficiency: Free up your team to focus on providing exceptional customer service. • Reduce Bias: Promote fair lending practices and ensure a level playing field for all borrowers. • Enhance Transparency: Gain valuable insights into your mortgage approval process. As an MBE company, Nexval.ai is committed to supporting diversity and inclusion initiatives. We'd love to discuss how our AI solution can help your organization achieve its goals. Schedule a Demo Today to explore how Nexval.ai could be a game changer for your business!

LENDING -DIGITAL OR PHYGITAL -MSME There has been a lot of debate around whether the lenders can make the lending process for some of the low ticket loans to micro and small enterprise completely digital. The whole thesis here of players in the industry is to work with alternate data points available from the digital public infrastructure, get account statements to impute income and obligations, pull bureau score and differentiate between credits. The debate is whether end to end approval process can be an entirely automated process or does some manual intervention in the form a discussion with the borrower etc reduces the risk of adverse selection. In my opinion, a manual intervention is a necessity as it plays a very vital role in 1 key aspect of credit risk which is willingness to pay. Straight through processing without any contact with the borrower specifically for situations where the loans are originated more by techfins than by the lender themselves, makes the loan faceless and nameless in the psyche of the borrower. This increases the probability of the borrower becoming wilful and increases the overall probability of default. This raises another question ‘whether the robot can do the discussion with the borrower and replace human ?’ I don’t know. I would any day go for PHYGITAL model for ORIGINATION and UNDERWRITING of new loan. Renewal / repeat loan could be a fully digital process but not otherwise. (Views are personal)

Why SalesGenie AI is a Game-Changer for MFIs 1. Reduce Credit Risk with Enhanced Follow-Up As microfinance institutions expand, the risk of non-repayment increases, particularly with uncollateralized loans. Traditional follow-up processes, often plagued by human error and inefficiency, contribute to high default rates. SalesGenie AI’s advanced follow-up algorithm is specifically designed to tackle this issue. By automating follow-ups and ensuring that every customer interaction is timely and consistent, our AI agent can improve loan repayment rates by over 60% within the first two months. This level of efficiency not only reduces credit risk but also builds stronger relationships with borrowers, encouraging timely repayments. 2. Slash Administrative Costs and Improve Efficiency High administrative costs are a significant burden for MFIs, particularly when it comes to staffing call centers. Hiring and training agents is expensive, and high turnover rates only add to these costs. Moreover, human agents are limited by working hours and can only handle a finite number of calls at a time. SalesGenie AI changes the game. Our AI sales agent can handle hundreds of calls concurrently, eliminating the need for customers to wait on hold and reducing the number of agents required. This not only cuts administrative costs significantly but also ensures that every customer inquiry is addressed promptly, improving overall customer satisfaction. 3. Boost Sales and Customer Onboarding In a competitive market, missed customer interactions are lost opportunities. Traditional sales teams often struggle to keep up with the demands of lead nurturing and follow-up, leading to missed chances to convert potential customers. SalesGenie AI excels in this area as well. With its well-programmed follow-up system, our clients have seen a 60% increase in loan partial repayments and an 80% increase in customer onboarding within the first month. By automatically warming up leads and ensuring no potential customer slips through the cracks, SalesGenie AI drives sales growth and customer acquisition. 4. Seamless Integration with Your Existing Systems We understand that every microfinance institution has its own unique processes and systems. That’s why SalesGenie AI is designed to integrate directly with your existing CRM. This seamless integration ensures that you can leverage the power of SalesGenie AI without disrupting your current workflow.

"if you want my business have a human call me back" how this ⤴ turned into a $3M funded loan 😱 one of our ai employees was reaching out to some prospects on behalf of one of our clients in the business lending space the conversation was going pretty well until the prospect finally said "if you want my business have a human call me back" he hung up (this is why voice ai by itself will not work) this is where most people that are using voice ai would have lost the deal either because they have to go through every call recording to figure out what happened during their ai calling campaigns or because realistically they aren't so they would've never been made aware that this happened on one of the calls however, our ai employees are built different you see, voice ai is just a piece of the puzzle and we realized this early on that's why we had to build an entire ai infrastructure to support the voice ai capabilities so at the end of every call it can → transcribe the call recordings → to analyze the outcome → move them to the right pipeline stage → and notify our clients a lot of the times the additional revenue generated isn't specifically a direct cause of the ai agent making a sale rather its caused by the aftermath generated by the volume voice ai can produce such as the → call backs → appt requests → human live transfers → missed call texts → etc in this case, our ai employee immediately notified our client our client immediately called back (speed to lead!!!) and it became a potential $800k loan by the time it was all said and done it ended up being a $3M loan --- want to install our AI client acquisition infrastructure into your business? and automate your entire sales process from cold to sold? dm me 💬

I use the term “Optimize” in many of my conversations with our prospects and clients about what Karus can do for their Auto Lending program.  But, optimize can be a nebulous, sales buzzword, so I want to better define exactly what we optimize for our clients. Efficiency - Winning the right auto borrowers requires a responsive, frictionless, experience for the borrower and the dealer.  Karus can help you structure a winning loan term and price, and communicate back to the dealer via your current LOS, in under 3 seconds. Specialization - Karus is solely focused on auto lending because we know, and our wealth of data confirms, auto loans perform and behave like no other consumer asset class.  So our underwriting and decisioning is based exclusively on our expertise in this asset class.  Because of this specialization in consumer auto, we are also trusted as the leading authority by the capital markets for auto abs cash flow forecasting.  For our clients, this means we can help you if securitization or flow structures are top of mind or a valuation on your loan portfolio would be of interest. Portfolio Management - One of my favorite elements of the Karus platform is the portfolio management.  We can help clients drill down to a variety of informative data points, in real time.  Average loan value, best and worst performing dealers, delinquencies, cash flow and loss projections, to name just a few. If you’re interested in optimizing your auto lending, I’d love to chat!  Connect with me here or book time to speak: https://lnkd.in/gmiJgydq #AI #FinTech #autolending #lendingtech #creditunions

At Nexval.ai, we understand the importance of fostering diversity and inclusion in the mortgage industry. That's why we're proud to be an MBR-certified company by the National Minority Supplier Development Council (NMSDC). We offer an innovative AI solution tailored to streamline the mortgage approval process for all borrowers. Our cutting-edge AI technology eliminates unconscious bias in loan assessments through: § Automated Document Classification: Bid farewell to manual document sorting with Nexval.ai's intelligent categorization of loan applications, accelerating processing times. Data Extraction with Accuracy: Capture all essential information efficiently, minimizing errors and delays. § Fair and Transparent Decisions: Our AI, trained on extensive datasets, eradicates human bias and advocates equal opportunity for all loan applicants. Partnering with Nexval.ai enables you to: ·      Boost Efficiency: Empower your team to focus on delivering outstanding customer service. ·      Mitigate Bias: Champion fair lending practices for a level playing field among all borrowers. ·      Improve Transparency: Obtain valuable insights into your mortgage approval procedures. Being an MBE company, Nexval.ai is committed to supporting diversity and inclusion initiatives. Let's connect to explore how our AI solution can align with your organization's objectives. Schedule a Demo Today and witness how Nexval.ai can revolutionize your business! hashtag#NMSDC hashtag#MortgageTech hashtag#AiInMortgage #Nexval.ai hashtag#DiversityandInclusion hashtag#Automation hashtag#MortgageProcessing hashtag#ImproveTransparency hashtag#BoostROI

How Fintech is Transforming Auto Loans—My Perspective This Year-End Year-end is always an exciting time for the auto loan industry. I’ve seen how this season brings a surge in demand as customers rush to get their dream cars. But what excites me most is how fintech has revolutionized this experience—for both customers and lenders. At FINQY, we’ve embraced these innovations, and here’s what stands out to me this season: 🔹 Fast Approvals: I remember when loan approvals took days. Now, with AI and automation, customers can get decisions in hours—even during peak demand. 🔹 Convenience: Digital platforms allow customers to apply for loans anytime, anywhere, making the process stress-free during the busy year-end period. 🔹 New Age Credit Scoring Models: With the advancement of AI and FINTECH and various BANKING AGGREGATION MODELS, the decision-making has improved and the TAT for this has reduced. Helping traditional methods of Credit Managers work in a systematic, automated, and faster, enabling decisions within 4-5 hours. 🔹 Instant Approvals at Dealerships: Seeing customers get on-the-spot approvals while choosing their car is incredibly rewarding. It’s a game-changer for their experience. These changes are more than just seasonal—they’re shaping the future of auto financing. What fintech trend do you think will redefine auto loans next? I’d love to hear your thoughts! #AutoLoans #Fintech #CustomerExperience #Innovation #autoloansindustry #fintechandautoloans #finqy #transformation #bankingaggregation #creditscoringmodels

"It's not enough to be against something. You have to be for something better." - Iron Man Meet Vallia, your mortgage superhero! ✅ Boost Loan Quality: Ensure accurate, compliant disclosures. ✅ Reduce Errors: Eliminate inefficiencies in the disclosure phase. ✅ Increase Efficiency: Streamline processes for loan set-up, QC, and compliance. Learn more at www.brimmatech.com Schedule a call https://lnkd.in/eaZ6-Y8z #LoanOrigination #Fintech #Efficiency #Profitability #MortgageTechnology #ValliaTech #Vallia #ValliaAI #LOS #MortgageInnovation #MortgageTech #AI #ValliaHero #AI #GenAI #ML #MachineLearning #Automation #Workflow #RPA #RoboticProcessAutomation

Interested??? hard money lending finally made easy. Integrated with AI for Easier app intakes, quicker closings, better terms! No interaction needed with loan officers, processors or sales departments! Interested in access to easier capital for your next deal(s). See why every investor going through our website and process is saying it's the best they have ever experienced! Traditional lenders just can't compete. Your gain their loss. With direct unlimited capital - quick closings and our tech, we are the future of the lending industry. Comment SHOW ME or mssg me would love to have you test the site out also!