Glossary of Terms

Loan Intelligence System (LIS)

Definition

A Loan Intelligence System (LIS) is an AI-powered lending technology that enhances traditional Loan Origination Systems (LOS) by optimizing loan intake, applicant scoring, risk assessment, and decisioning. Unlike static LOS platforms, LIS integrates real-time borrower insights, behavioral analytics, and predictive modeling to help lenders increase small business loan approvals while reducing risk.

Why is it important to SBA Lending

SBA loans require complex underwriting, extensive documentation, and strict compliance. Traditional lending systems struggle to process smaller loan amounts profitably, leaving many creditworthy businesses underserved. A Loan Intelligence System solves these challenges by:
-Automating loan intake and processing: Reduces manual work and speeds up approvals.
-Enhancing borrower eligibility assessment: Uses AI to identify qualified applicants.
-Reducing underwriting costs: Streamlines risk evaluation for small-dollar loans.
-Improving compliance and reporting: Ensures SBA regulations are met efficiently.

What role does Parlay Play

Parlay is an innovator in this category. Our LIS enhances SBA lending through:
-AI-Driven loan readiness assessments: Helps lenders qualify more borrowers.
-Automated credit scoring & risk analysis: Enhances underwriting efficiency.
-Intelligent pipeline management: Tracks applications to increase conversion rates.
-Scalable compliance solutions: Automates reporting and regulatory checks.

A Loan Intelligence System (LIS) transforms SBA lending by increasing efficiency, improving borrower outcomes, and reducing risk. Parlay’s AI-powered LIS helps community banks and credit unions approve more loans and expand access to capital for small businesses.