Case Study: 7(a) Funding Group reduces document collection time by 83% with FileInvite

7(a) Funding Group cuts document collection time by 83% with FileInvite

7(a) Funding Group, a specialist SBA loan packaging firm, faced challenges scaling its operations due to high demand and manual, disconnected document collection processes. Their team spent over two hours per application chasing clients via email and spreadsheets, which pressured profit margins. To grow capacity without increasing staff, they turned to FileInvite for a solution.

By implementing FileInvite's custom-branded client portal with DocuSign integration and automated reminders, 7(a) Funding Group automated its workflow. The solution provided real-time alerts and enabled parallel processing of tasks. FileInvite helped achieve an 83% reduction in document collection time, cut staff time per application from over two hours to just 20 minutes, and reduced the loan closure time from 13 weeks to as few as 4.

7(a) Funding Group