Warehouse lending software provider Forta Solutions hit a milestone recently: the funding of its first loan through its SaaS warehouse lending platform, Agility, which launched in October 2023.
Designed by warehouse lenders and built with modern technology, the platform features APIs that enable seamless integrations and automated workflows with both internal and third-party vendors’ systems. With real-time monitoring, intelligent analytics and endless integration capabilities, Agility sets a new standard for transparency in warehouse lending, the fintech says in a release.
The seamless funding of Forta’s first loan for an independent mortgage bank marks a significant milestone for the company and affirms that warehouse lenders have a viable alternative to legacy technologies.
“Our commitment to innovation is unwavering, and the successful funding of our first loan is a testament to the dedication and hard work of our team,” says Kathy Hancock, CEO for Forta, in the release. “We are excited to continue pushing boundaries of what is possible in the financial sector and delivering unparalleled value to our clients.”