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Lenders

Building a multi-channel lending strategy can be challenging for even the most sophisticated financial institution.

Competition for meaningful volume in auto, home improvement and elective medical/dental loans makes it difficult to either source directly or to establish sourcing relationships with loan aggregators. 


Lenders connect to CogoFi once and can access loan applications from multiple sources and asset classes to create an immediate multi-channel lending strategy. Lenders can use their own infrastructure or allow CogoFi™ to act as an extension of their internal team with a fully outsourced model, from sourcing to servicing. CogoFi only gets paid when a loan is successfully funded, mitigating risk by turning a fixed cost into a variable cost.

In the fully outsourced model, CogoFi:

  • Identifies, builds and maintains relationships with multiple sources of loan applications on behalf of lender partners
  • Receives and processes applications
  • Verify all consumer information
  • USA Patriot Act Compliance, AML, BSA, KYC checks
  • Checking credit and underwriting to the lender’s specified criteria
  • Conditionally approving/denying applications
  • Seeking additional information if needed
  • Sends lenders only those loans that meet their criteria
  • Funds the loan using the lender’s own loan documents
  • Sends the lender a daily funding file
  • Pull funds from an account and delivers via ACH
  • Integrates with outsourced third-party servicers (if desired)


Outsource model - icon - a group of people are connected in a circle.
Outsource model - icon - a set of gears with a dollar sign in the middle.

The CogoFi opportunity works best for Lenders with:

  • Deployable capital and desire to add Home Improvement, Auto and/or Elective Medical/Dental loans to their balance sheet; and/or
  • The strategic intent to build dedicated forward flow programs with our institutional and other buyers

Speak with a member of our team to learn more! 

Schedule a Meeting
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