Case Study: Camino Financial saves 30 minutes per application and prevents $60K fraud cases with Inscribe

Camino Financial saves 30 minutes on every application and $60K for every fraud case prevented

Camino Financial, a lending platform focused on underbanked small businesses, faced significant challenges with loan application fraud. Their manual review process was time-consuming and potentially error-prone, while a previous automated tool produced too many false positives. This inefficiency and risk threatened their mission of providing accessible capital to underserved entrepreneurs.

By implementing Inscribe's fraud detection solution, Camino Financial automated their document review process. Inscribe accurately identified fraudulent PDFs, including altered bank statements, that were invisible to the human eye. This resulted in the discovery that 28-35% of documents from one partner were fraudulent, allowing them to eliminate that risk. Inscribe saves the company 30 minutes per application and an estimated $60,000 for every fraud case prevented, while also freeing up capital to fund more qualified applicants.

Camino Financial

Jose Anzaldo

Senior Credit Originations Manager