The automation software provided by Clik.ai is a proprietary extraction and classification engine that, alongside asset managers and underwriters, the data extracted by the system can be easily moved into the bank's proprietary platform and servicing operations. Merchants Capital will be able to review rent roll and property cash flow data in minutes, which will enable the bank to capitalize on asset management.
Merchants Capital is a top nationwide lender for the refinance, acquisition, new construction and substantial rehabilitation of multifamily, affordable, senior and student housing. Merchants will benefit from Clik.ai's service as its automation software will optimize workload management and assist with the massive influx of loan applications from small to mid-size commercial real estate property owners. Additionally, the new partnership with Clik.ai will support the digitization of Merchants Capital, serve as a time-effective solution, and offer customers the best services while Clik.ai ensures the security and confidentiality of their data.
To read more about this partnership, go to the press release here: https://www.prnewswire.com/news-releases/merchants-capital-launches-clikai-to-automate-loan-servicing-operations-301087075.html