Case Study: Lendsmart achieves 30% faster loan underwriting with Ocrolus

Lendsmart leans on Ocrolus to accelerate loan underwriting

Lendsmart is an AI-driven digital lending platform that helps financial institutions process and underwrite loans faster. Facing a traditionally labor-intensive, manual document-extraction workflow—especially for community banks with limited staff and many customers still uploading physical documents—Lendsmart turned to Ocrolus’ intelligent document processing solution to automate data capture and integrate it into its loan origination flow.

Ocrolus’ API-enabled extraction and analytics reduced data-extraction time to under 7 minutes (vs. 20–45 minutes manually), delivered analytics within four minutes, and helped Lendsmart cut overall processing time by about 30%, enabling faster approvals, redeployment of underwriters to higher-value tasks, and expansion into new lending verticals. Ocrolus’ integration proved quick and reliable, prompting clients to pilot the solution for commercial loans and driving measurable operational cost savings.

Lendsmart

AK Patel

Founder and CEO