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"The people at Cogility Software earned my trust quickly by showing me how their solutions would work together smoothly without a lot of on-going, complicated application development. Their unique enterprise integration solution connects applications, databases and workflows, while at the same time reducing maintenance and support costs as loan volumes improve."

Paul Reddam, Founder and CEO of CashCall

  Financial Services  
 

Consumer Lending Platform

CashCall, Inc. is revolutionizing the lending industry with its fully automated online lending program. Their state-of-the-art technology allows CashCall to wire loan proceeds directly into a client's bank account within hours after they have applied for a loan. As a result, CashCall has quickly become a pioneer in the lending industry by eliminating the red tape and getting clients their money in as little as a few hours.

CashCall Business Need:

In establishing CashCall, the company's president recognized the need to simplify the loan application process and shorten the funding period. He believed that the application process used by other lenders was far too complicated and cumbersome. He understood that people in need of money simply could not afford to wait days to find out if they were approved and then weeks to finally receive their money.

A Complete Business Solution:

In just under ninety days, the core Cogility Software team successfully architected, streamlined, and automated CashCall's loan origination, underwriting, funding, disbursement, servicing, and collection activities within a secure and highly scalable environment. Consolidating application systems has enabled the company to significantly reduce maintenance and support costs resulting in dramatic savings now and in the future. Point-to point development is essentially eliminated, allowing CashCall to identify and correct weaknesses and quickly take advantage of new opportunities.

 
     



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