Fintech provider Forta Solutions has launched a new warehouse lending platform, Agility.
The new platform offers warehouse lenders unparalleled transparency, efficiency and a faster, more secure path to liquidity, Forta Solutions says in a release.
Designed by warehouse lenders and built with modern technology, Agility features APIs that enable seamless integrations with both internal and third-party vendors’ systems, a first in the warehouse lending industry, the company claims.
Agility’s official launch comes after months of extensive field testing and consultation with key industry stakeholders including prominent warehouse lenders and mortgage technology experts. Forta built various modules into Agility, so lenders are able to buy only what they need.
Agility features customized dashboards and real-time updates to help warehouse lenders optimize their staff, as well as system-friendly APIs to ensure their accounting and back-end systems are integrated smoothly. Agility includes automated decisioning engines, allowing funds to flow much more quickly, and is bank InfoSec-compliant, delivering a higher level of security.
“The market has spoken,” says Kathy Hancock, CEO and co-founder of Forta. “By incorporating our experience as warehouse lenders and feedback from our advisors and consultations, we’ve made sure Agility is not just another platform, but a fairly priced and powerful alternative for warehouse lenders that blends compliance, flexibility and easy integrations. Finally, warehouse lenders can free themselves from outdated technology and get everything they need without the cost and risk of external work-arounds.”