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

How 7(A) Funding Reduced Time Spent Collecting Documents by 83%

The customer, 7(a) Funding Group, is a specialist SBA loan packaging firm that faced challenges scaling its operations due to high-demand, manual processes. With a small team, staff spent over two hours per application chasing documents via email and spreadsheets, leading to siloed data and pressure on profit margins. They needed a way to increase capacity without adding significant staffing costs and turned to FileInvite for a solution.

By implementing FileInvite's client portal with DocuSign integration, 7(a) Funding Group automated document collection and follow-up reminders. This solution provided real-time status alerts and enabled parallel workflows. The results were significant: FileInvite helped reduce document collection time by 83%, cut staff time per application from over two hours to just 20 minutes, and slashed the average time to close a loan from 13 weeks to as few as 4 weeks.

7(a) Funding Group

Tony Brevard

Principal