Case Study: BetterFi achieves 400% increase in application volume with TurnKey Lender

Consumer Lender Increased Applications Volume by 400%

BetterFi is a Tennessee-based non-profit lender that provides affordable installment loans and financial coaching to unbanked and underbanked clients. Faced with a small staff, limited budget, and time-consuming manual application processing, BetterFi needed a modern, fully managed cloud lending solution with alternative credit scoring and easy mobile and desktop access; they chose TurnKey Lender and its All-in-One Platform.

TurnKey Lender delivered a white-labeled, cloud-based system with end-to-end automation and custom integrations deployed within weeks. The TurnKey Lender platform cut origination time from days to minutes, increased applications processed by 400%, generated significant cost and operational efficiencies that offset the platform cost, and freed credit counselors to spend more one-on-one time with clients as BetterFi pursues expansion.

BetterFi

Spike Hosch

Founder and Executive Director