Business Updates

FormZapper’s CRE Product, LendingStandard, is Deployed to First Customers

FormZapper’s CRE Product, LendingStandard, is Deployed to First Customers

This week LendingStandard, FormZapper’s first product in commercial real estate lending, was deployed to four national lending firms. LendingStandard is a comprehensive web-based document management platform simplifying manual processes in the loan application process.  The platform assists lenders to securely collect third-party information, run risk analysis to determine loan engagement and quickly generate legal closing documents. While development on LendingStandard’s comprehensive system continues, early adopters will be using the platform to offer their borrowers a convenient and secure method of providing information, a process that today is completed manually and fraught with inconveniences.