MONJA SMART SCAN: Statement Spreading Automation
Loan Underwriting Automation for Banks & Credit Unions
Request a Free Personalized Demo!
Looking for ways to automate and streamline the underwriting at your institution? MonJa’s technology for commercial loan underwriting may be the great fit for your organization. We help banks and credit unions automate and streamline commercial lending (C&I, CRE, auto, SBA, and other SMB loans). Learn more by requesting our free demo.
Request a Free Personalized Demo!
Looking for ways to automate and streamline the underwriting at your institution? MonJa’s technology for commercial loan underwriting may be the great fit for your organization. We help banks and credit unions automate and streamline commercial lending (C&I, CRE, auto, SBA, and other SMB loans). Learn more by requesting our free demo.
MONJA SMART SCAN
For Underwriting
Loan Underwriting Automation For Banks & Credit Unions
MonJa’s Smart Scan Workflow
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Document Upload
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Image pre-processing
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Classification
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Automated Scanning
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Financial Ratios
MonJa’s Smart Scan Workflow
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Step 1
Upload borrower’s scanned tax returns & financials
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Document Upload
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It directly takes SBA 7(a) loan application from your website
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It validates loan application and supporting material based on CARES Act guideline.
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Step 2
System reads data & intelligently extracts data fields
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Image pre-processing
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Step 3
Get the credit memo and spreads automatically generated
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Classification
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Step 3
Customizable portal based on your underwriting workflow
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Automated Scanning
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Financial Ratios
What Is MonJa Smart Scan Technology?
MonJa Smart Scan is the technology for commercial lending. It extracts and spreads borrower uploaded financials for decisioning, reducing data entry needed by lenders and credit officers.
What Is MonJa Smart Scan Technology?
MonJa Smart Scan is the technology for commercial lending. It extracts and spreads borrower uploaded financials for decisioning, reducing data entry needed by lenders and credit officers.
What Is MonJa Underwriting Platform?
MonJa Underwriting Platform is a commercial loan underwriting portal for banks and credit unions. With automated decisioning based on a combination of underwriting rules and scores, we help financial institutions to streamline the underwriting of small business term loans and revolvers.
What Is MonJa Underwriting Platform?
MonJa Underwriting Platform is a commercial loan underwriting portal for banks and credit unions. With automated decisioning based on a combination of underwriting rules and scores, we help financial institutions to streamline the underwriting of small business term loans and revolvers.
Who Is MonJa Platform For?
If you are a Bank, Credit Union or an Online Lender looking to automate the underwriting workflow, MonJa Platform is for you. We offer free one-on-one Underwriting consultation to Chief Credit Officers and Chief Lending Officers.
Who Is MonJa Platform For?
If you are a Bank, Credit Union or an Online Lender looking to automate the underwriting workflow, MonJa Platform is for you. We offer free one-on-one Underwriting consultation to Chief Credit Officers and Chief Lending Officers.
Request Your Free Underwriting Consultation Here
Request Your Free Underwriting Consultation Here
MonJa’s SMART SCAN Technology helps save time and reduce errors, allowing more efficient underwriting.
Structured data extraction from scanned and photographed documents.
Used for automating underwriting, information confirmation, and fraud detection.
Before MonJa’s Smart Scan
After MonJa’s Smart Scan
Before MonJa’s Smart Scan
After MonJa’s Smart Scan
Supported Document Types
Supported Document Types
Challenges With Traditional OCR
Formatting Differences
Inconsistent Image Qualities
Challenges With Traditional OCR
Formatting Differences
Inconsistent Image Qualities
Who is MonJa?
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Loan Investment Analytics Expert with $15B + Online Loans Under Analysis
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Leading AI For Lending Automation Provider Serving Banks & Credit Unions
Who is MonJa?
-
Loan Investment Analytics Expert with $15B + Online Loans Under Analysis
-
Leading AI For Lending Automation Provider Serving Banks & Credit Unions
Attending one of these annual events?
We exhibit at following annual events: CUNA, ABA, and ICBA. During these events we offer FREE in-person UNDERWRITING CONSULTATIONS with our team. Email your request to [email protected]
CUNA Business Lending Roundtable
Tampa, Florida
January 28-19 2020
ABA Conference for Community Bankers
Omni Orlando Resort at ChampionsGate
Orlando, Florida
February 9 – 12 2020
MonJa’s booth #908
ICBA Live National Convention
Gaylord Palms Resort
Orlando, Florida
March 8-12 2020
MonJa’s booth: #754
We look forward to meeting you in person!
Attending one of these annual events?
We exhibit at following annual events: CUNA, ABA, and ICBA. During these events we offer FREE in-person UNDERWRITING CONSULTATIONS with our team. Email your request to [email protected]
CUNA Business Lending Roundtable
Tampa, Florida
January 28-19 2020
ABA Conference for Community Bankers
Omni Orlando Resort at ChampionsGate
Orlando, Florida
February 9 – 12 2020
MonJa’s booth #908
ICBA Live National Convention
Gaylord Palms Resort
Orlando, Florida
March 8-12 2020
MonJa’s booth: #754
We look forward to meeting you in person!
See How Your Financial Institution Can Benefit From MonJa Underwriting Automation
We Underwrite Your Loans
Underwrite Loans More Efficiently
- Serve a range of loan sizes, including smaller loans that would otherwise be unprofitable to underwrite
- Expand loan origination volumes without high upfront costs
- Increase efficiency & happiness of your credit team
Underwrite Loans More Efficiently
- Serve a range of loan sizes, including smaller loans that would otherwise be unprofitable to underwrite
- Expand loan origination volumes without high upfront costs
- Increase efficiency & happiness of your credit team
Collect More Applications with Mobile App
- Make loan application process easy & intuitive
- Provide fast approval and funding process
- Create a pleasant borrower experience
- Grow your institution’s brand with our white label solution
- Compete with national banks and online lenders
Collect More Applications with Mobile App
- Make loan application process easy & intuitive
- Provide fast approval and funding process
- Create a pleasant borrower experience
- Grow your institution’s brand with our white label solution
- Compete with national banks and online lenders
Improve Funding Decisions Accuracy
- Utilize traditional credit criteria with our customization options
- Benefit from access to MonJa’s Loan Score™ and AI-powered Risk Algorithm
- Decrease loan delinquencies
- Reduce loan portfolio risk
Improve Funding Decisions Accuracy
- Utilize traditional credit criteria with our customization options
- Benefit from access to MonJa’s Loan Score™ and AI-powered Risk Algorithm
- Decrease loan delinquencies
- Reduce loan portfolio risk
Ready to Start Risk-Free?
- Pay-as-you-go pricing structure
- Cost scales with your origination volume
- Modest implementation cost
- Rapid integration
Ready To Start Risk-Free?
- Pay-as-you-go structure
- Cost scales with your origination volume
- Modest implementation cost
- Rapid integration
Interested to find out if MonJa’s underwriting automation platform is a fit for your organization?
Request Free Demo Today!
Interested to find out if MonJa’s underwriting automation platform is a fit for your organization?
Request Free Demo Today!
Visit Our Blog
Latest findings and industry updates on digital lending, underwriting technology, bank – fintech partnerships and more. Interested to get regular updates? Sign up to our Newsletter!
Visit Our Blog
Latest findings and industry updates on digital lending, underwriting technology, bank – fintech partnerships and more. Interested to get regular updates? Sign up to our Newsletter!
03/13/23 Regulators backstop SVB deposits, launch emergency lending facility (Banking Dive) Silicon Valley Bank’s depositors have been granted full access to their funds by the Federal Deposit Insurance Corp, which took emergency measures to prevent the spread of financial instability in the banking industry. In addition, the Federal Reserve has established a $25 billion lending facility to provide liquidity to …
02/24/23 High Interest Rates At Banks Make Alternative Lenders More Attractive For Small Business Borrowers (Forbes) As interest rates for SBA and traditional term loans increase, non-bank lenders are becoming a more appealing option for companies seeking working capital. Although non-bank lenders offer slightly higher rates, borrowers are drawn to their quicker and more reliable funding options. Long-term interest rates, …
01/30/23 Most Americans Anticipating a Fed Rate Increase; Analysis Shows What Increase Will Cost People (CU Today) With the Federal Reserve probably expected to raise rates again, a new consumer poll reveals that most Americans anticipate inflation to aggravate. According to the WalletHub poll, two-thirds of Americans believe inflation will be worse in 2023 than in 2022, with 87% of …
