THE TECHNOLOGY BEHIND EWAREHOUSE LENDING

The concept of eWarehouse lending is well-known – being able to secure a line of credit, lending your loans and paying back your LOC electronically, allowing for quicker transactions, more lending opportunities and thus, more profit. The technology behind the concept, as well as building a strategy that works with your business model, is a bit trickier. This session will review how the use of technology has decreased loan turn-around time and how the cost-savings advantages can be realized.