IRS Form 1040 Schedule C (2021) processing

Make faster, more accurate lending decisions with automated IRS Form Schedule C (2021) processing

Remove bottlenecks caused by manual document processing and provide a better borrower experience with Ocrolus intelligent automation for IRS Form Schedule C (2021).

Schedule C Form 1040

Why should lenders use Ocrolus for IRS Form 1040 Schedule C (2021) data capture and form processing?

Lenders process 1040 Schedule Cs to verify the income of businesses. IRS Form 1040 Schedule C (2021) reports income or loss from a business the filer operated or a profession the filer practiced as a sole proprietor.

 

Ocrolus’ end-to-end automated IRS Form 1040 Schedule C processing solution provides a better borrower experience by speeding up the entire underwriting process and empowering lenders to make smarter decisions with trusted, accurate data.

Advantages of Ocrolus’ automated IRS Form 1040 Schedule C (2021) processing

Retrieve data from 1040 Schedule Cs regardless of format or image quality
  • Verify borrower income in minutes
  • Develop robust, data-driven income assessments 
  • Increase originations with an expedited underwriting process
Ocrolus' document processing stats
91M

financial pages analyzed

344K

documents flagged for suspicious activity

8.8M

business loan applications analyzed

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Find out how we can help you automate 1040 Schedule C processing.

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