RISQ | fastloan – Covid-19
Ultimate Platform for PPP Loan
RISQ | fastloan is a preconfigured credit assessment solution which can be deployed in 15min based on a wizard-like questionnaire the customer (bank) fills in. It is hosted on Microsoft Azure and currently this product is only available for PPP (Paycheck Protection Program) loans in the US. At the same time, we have built a portal for SMBs (Small and Medium Businesses) which includes a PPP eligibility check and a financial calculator to see if the PPP covers their working capital needs. Then the SMBs can directly apply for PPP loans from our portal, sign it digitally (integration with HelloSign) and a digital loan application is directly sent to RISQ | fastloan where the bank can approve it. For more details go here.