CDFIs and other mission-based lenders are a valuable source of capital for small businesses in our communities. Slow, cumbersome and expensive small business lending processes can effectively limit their potential reach and impact. Mirador provides a secure, modern, cloud-based lending platform that is both easy and inexpensive to deploy. We simplify the application process and help you attract and fund more of the borrowers you want.
Streamline lending processes. We automate the entire application process, from data collection and verification to preparing the loan package. Through automation, we enable you to move fast, at a vastly reduced cost structure. No more losing deals you want to other lenders.
Meet mission goals. In addition to your existing credit standards, the platform draws on thousands of non-traditional data points to gain deeper insight into a borrower's creditworthiness, while increasing loan processing speeds. By enabling you to make faster, more nuanced lending decisions, you can provide more funding to more small businesses in support of your organization’s mission.
Reduce and monitor risks. Dashboards give you an accurate, up-to-the-minute snapshot of your loan portfolio. Continuous loan monitoring flags potentially problematic loans before they go into default.
Expand reach and brand awareness. Open a new online channel that turns your static website into a transaction-based tool. Generate new leads through Mirador’s lender referral network.