Kubio is a web application which helps brokers and businesses apply for commercial loans.
About The Client
The client who noticed the problem with loan applying is a bank from Australia, which needed help with simplifying the process of applying for a commercial loan.
Overview
Applying for a loan begins with the customer stating for their financial needs such as equipment, vehicles or machinery. The applicant may be a company seeking finance for commercial purposes, or an individual who needs finance for personal use. The bank uses a financial calculator to find out details about the customer's financial capabilities and generates an offer for the applicant, which they then reviews and decide whether to continue with the process.