Case Study: Cardinal Capital streamlines deal closing and scales from 3 to 30 deals with ProDeal

Cardinal Capital scales from 3 to 30 deals with ProDeal

Cardinal Capital, a finance brokerage based in Louisiana, faced significant challenges processing a high volume of Main Street Loan Program applications. Their previous use of third-party tools like OneDrive was inefficient, leading to a bottleneck where they had 24 loans in processing but only one in closing. They needed a secure and scalable solution to manage document retrieval and approval, which led them to adopt ProDeal.

By implementing ProDeal, Cardinal Capital gained a secure and efficient deal-closing platform. The solution provided real-time reporting and virtual deal rooms, which drastically reduced the time spent on document chasing from 50% to just 20% of their time. This allowed them to increase their capacity, comfortably handling 30 deals at once instead of just 3, without needing to grow their team. ProDeal enabled them to process more loans and refocus their efforts on client relationships.

Cardinal Capital