Vela eliminates the number one source of friction in commercial lending: requesting and chasing down the right documents from the right people.
Commercial Loans are complex and time-consuming. The manual bank-and-forth delays progress and frustrates borrowers. Lending teams have become document collectors, rather than relationship builders.
Vela's proprietary software empowers commercial lending teams to quickly and easily request commonly needed loan documents, automate routine tasks, set reminders, share information securely between lender and borrower, and visualize any loan status at a glance.
https://www.vela.ai/