Versara Lending - Loan Application

Versara Lending, Strategic Financial Solution's lending arm, introduced a Salesforce Experience Cloud-based online loan application, seamlessly integrated with various Plaid services for identity verification and online banking. The completion time for this process dramatically decreased from over 35 minutes to under 6 minutes. Moreover, leveraging Plaid services improved the quality of documents received, leading to a streamlined underwriting process. What once took over 5 days, now takes just under 48 hours.