Paperwork Chaos: What Alternative Lenders Experience Today

• Brokers submitting scanned or handwritten PDFs

• Inconsistent formatting across applications

• Missing stips that delay approvals

• Underwriters juggling email follow-ups and spreadsheets

• A backlog of deals that could’ve closed faster

Sound familiar?

Enter the Flag & Follow-Up Template for Alternative Lenders

This new automation workflow is purpose-built for alternative lenders that work with a distributed broker network and want to keep operations lean.

Here’s what it does:

1. Intake Files from Anywhere

• Email attachments

• Web uploads

• Shared folders (Dropbox, Google Drive, etc.)

SOLO pulls them in instantly—no portal logins or scanning required.

2. Recognize, Categorize, and Extract

SOLO auto-recognizes the type of file (e.g., “Working Capital App”) and extracts the key business and owner data—even from rough or handwritten docs.

3. Apply Custom Financing Logic

You set the rules:

• What details are required to qualify

• Which data points trigger further review

• What math needs to be run before a file reaches underwriting

SOLO uses your logic every time.

4. Flag Issues + Draft Follow-Up

Missing time in business? No bank statements? SOLO flags it and:

• Auto-generates a follow-up email

• Sends it automatically or cues your team to review

• Brokers reply directly to the thread with the missing files or info

5. Re-Sync and Progress

When brokers respond:

• SOLO pulls in the missing data

• Re-runs your logic

• Standardizes data into structured, ready to sync reports

• Moves the application forward once everything checks out