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FSA Guaranteed Loan Origination demo

Fills the USDA guaranteed farm loan application field by field from the bank’s credit file, each field linked to its source and checked against FSA’s rules. 1:13

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What the demo shows

An application solution for ag lenders that fills USDA guaranteed loan forms from the file.

The moment a file is complete, six agents fill FSA-2211 field by field from the documents the bank already holds — each value linked to the line it came from — and check every part against FSA’s eligibility and security rules as it fills, so what FSA would send back is fixed first. Fields the file cannot answer turn amber with a text to the farmer already drafted. The cash flow is re-run at the bank’s price deck, the narrative drafted with every figure cited. The loan officer signs, the Ag Lending Manager approves, FSA decides.

Transcript

  1. FSA Guaranteed Loan Origination fills USDA guaranteed farm loan applications for AG lenders from the bank’s file.
  2. Small banks file a few a year, so each takes a week.
  3. Dana presses fill, field by field, each value linked to its source.
  4. Two fields turn amber, and a text of the farmer is already drafted.
  5. Each field shows its source, like a debt found on the credit report.
  6. FSA's rules are checked in the margin.
  7. 12 of 13 pass.
  8. Dana sends a text.
  9. The LinkVis sign and the Amberfields fill.
  10. The prior lien is limited.
  11. The assistant writes the credit elsewhere paragraph.
  12. Cole and Lorraine sign.
  13. A complete file to FSA in a day, not a week.
  14. Built on Botminds.
  15. Agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.