CAN Capital cuts funding time by over an hour with Ocrolus’ AI-powered data and analytics
Small Business Lending | Analyze and Detect
Since 1998, CAN Capital has been a pioneer in alternative small business finance, helping businesses access capital quickly using proprietary risk models and real-time performance data.
For over seven years, CAN Capital has partnered with Ocrolus to enhance underwriting efficiency, reduce fraud and improve speed-to-funding.
In this video, Alexx Hall, Senior Account Manager at Ocrolus, sits down with Mark Cisco, Vice President of Business Development at CAN Capital to discuss how automation and AI-powered data and analytics from Ocrolus have transformed CAN Capital’s lending operations, making funding faster, more accurate and secure.
Challenge
CAN Capital’s manual underwriting process required underwriters to review each document individually, slowing down approvals and increasing the potential for human error.
Solution
By integrating Ocrolus, CAN Capital automated document processing and leveraged real-time analytics to accelerate underwriting and mitigate fraud risk.
Result
CAN Capital reduced application-to-funding time by more than an hour while strengthening fraud detection, leading to faster, more accurate and secure lending decisions.
Challenge
Before Ocrolus, CAN Capital’s underwriting process was labor intensive, slowing approvals and increasing the risk of human error. Each document had to be analyzed individually, making the process tiresome and time-consuming.
"Before Ocrolus, underwriting was a very manual process," Cisco said. "Every underwriter reviewed every document for every customer, it was tedious and took a long time."
In an industry where speed is everything, CAN Capital needed a solution that could automate document review, improve accuracy and accelerate approvals.
Solution
By adopting Ocrolus, an AI-powered data and analytics platform, CAN Capital streamlined underwriting with automated document processing and advanced analytics. Instead of manual reviews, Ocrolus provided rapid insights that helped underwriters quickly assess bank statement transactions, cash flow trends and financial risks more efficiently.
"After bringing in Ocrolus, the process became seamless," Cisco said. "Everything is automated, much quicker and more efficient for our team."
With deeper analytics, CAN Capital gained the ability to analyze 12 months of bank statements at a glance, visualize cash flow and detect risks faster than ever before to make more informed decisions.
"The analytics and data Ocrolus provides are unmatched," Cisco said. "We can analyze trends in real time, which is a huge advantage in making better lending decisions."
Result
Since implementing Ocrolus, CAN Capital has cut its application-to-funding time by more than an hour– a critical competitive edge for both the business and its clients.
"That’s been a huge impact for us," Cisco said. "Speed is everything, and Ocrolus has played a key role in making that possible."
Fraud mitigation has also improved significantly. With fraudsters becoming more and more sophisticated, Ocrolus helps CAN Capital identify potentially fraudulent documents upfront, preventing bad actors from entering the funnel.
"Fraud detection has really changed the way we operate," Cisco said. "One bad loan can have a severe impact, and Ocrolus allows us to catch fraud at the front end rather than relying on manual reviews. It’s been a game changer in protecting our business."
Why CAN Capital recommends Ocrolus
With cutting-edge automation, reliable file tampering signals, and powerful decision-ready analytics, Ocrolus has helped CAN Capital stay competitive in the fast-paced world of small business lending.
"One hundred percent, Ocrolus is far and above any competitor," Cisco said. "They’ve improved our timing, they’ve improved our fraud detection abilities, and there’s really no match for it."
As CAN Capital continues to expand its partnerships, the ability to provide fast, accurate and secure funding remains a top priority. Thanks to Ocrolus, the company is well-positioned to meet these goals and deliver exceptional service to its customers.
We’ve cut down the application-to-funding time by over an hour. That’s the no.1 thing we’re trying to do, and Ocrolus has had a huge impact.”