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Numerated Reviews

User Rating

5/5 (Based on 8 Ratings)

Rating Distribution

  • Excellent

    100%
  • Very Good

    0%
  • Average

    0%
  • Poor

    0%
  • Terrible

    0%

Do You Use Numerated?

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Reviews
VB

Verified User in Banking

June 27, 2022 Source: G2.com
Numerated is a great partner to have.
What do you like best about Numerated?
Numerated's dedicated team is there to assist us through issues that come up and we can see they genuinely care about their client's success. Having real-time decision making is a great competitive advantage, and we were able to get a loan from application through documents in just 5 minutes.
What do you dislike about Numerated?
It would be nice to have auto-boarding, more control of our data, have a renewal workflow, and be able to make changes to certain credit parameters.
What problems is Numerated solving and how is that benefiting you?
We can have an efficient small business lending platform. We can reach more clients without adding to staff and have a faster decision-making process.
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TG

Tan G

June 10, 2022 Source: G2.com
Great lending platform for small business clients.
What do you like best about Numerated?
Decisioning loans in less than a minute and being able to book within days versus the traditional way.
What do you dislike about Numerated?
When applying for a loan during the initial application, you only have a short window of time to complete the application or it will not decide correctly- an error occurs.
What problems is Numerated solving and how is that benefiting you?
Technical issues with loan documents, manual fund workflow issues, confirming tax transcript screen
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JD

Jim D

October 5, 2021 Source: G2.com
Grateful
What do you like best about Numerated?
An elegant solution that saved my team hundreds of hours of work added an easy-to-use platform for our customers and expedited API delivery to the SBA. The Numerated Team was solving problems every night and making improvements every day. They were not just good; they were also responsive and personable despite working under tremendous pressure of the PPP process.
What do you dislike about Numerated?
The process was very democratic in which issues were solved in what order. I, of course, wanted my concerns attended to first. They were resolved in short order, so no real complaint.
What problems is Numerated solving and how is that benefiting you?
We chose to go with Numerated in the 2nd round of PPP funding. They adapted their engine to process PPP requests, track needed information, and carry it into the forgiveness process. We saved hundreds of hours of work. We had designed and executed our solution in-house in the 1st round of PPP.
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DW

Dave W

October 4, 2021 Source: G2.com
A Big Fan of Numerated
What do you like best about Numerated?
Numerated has created a platform that allows banks to process small business loans quickly and efficiently. The platform has been an integral piece in our Bank's digital transformation.
What do you dislike about Numerated?
Not having the ability to do all of our work via the platform :)
What problems is Numerated solving and how is that benefiting you?
We are bridging the digital divide with customers.
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DT

Devon T

March 23, 2021 Source: G2.com
Service Delivery Leader
What do you like best about Numerated?
Numerated uses multiple data sources to enable quick decisions. They are partnering with the right vendors to automate the end-to-end lending process. The Numerated team really cares about their customers and dig in to provide assistance whenever needed. They are always looking at “what’s next” in the digital lending world and how they can solve problems for us.
What do you dislike about Numerated?
Not a dislike, more a desire for future enhancement: Would love more bank level control over credit matrix.
What problems is Numerated solving and how is that benefiting you?
Numerated allows us to scale - we can automate as much as desired while continuing to offer banker led applications when we choose. We can now serve customers 24/7 and respond quickly with recommended decisions or hold for further review. Numerated has steadily improved their product offering since 2018 and are amazing partners in PPP lending as well as conventional lending.
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KB

Kristen B

March 8, 2021 Source: G2.com
An excellent banking partner
What do you like best about Numerated?
Numerated always delivers on time. The crew anticipates customers' needs and delivers them before we even knew what we needed. The support has been top notch throughout the PPP program with at least twice-weekly webinars, a vast knowledge center, and responsive customer support team.
What do you dislike about Numerated?
Wish there was a full suite of credit underwriting for larger loans, also.
What problems is Numerated solving and how is that benefiting you?
Thanks to Numerated, our average manhour time for booking a PPP loan from application through funding went from around 10 hours each, to about 1.5 hours for the whole process.
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CK

Carl K

March 8, 2021 Source: G2.com
Terrific Partner/Great Software
What do you like best about Numerated?
Extremely knowledgeable team, well designed software that easily adapts to changing business conditions.
What do you dislike about Numerated?
As with any quickly growing company, there are times when resources are readily available and times when they are not.
What problems is Numerated solving and how is that benefiting you?
PPP for sure. Also have used Numerated to help originate small business loans quickly and for a reasonable cost compared to the traditional commercial model.
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JS

John S

March 5, 2021 Source: G2.com
A great platform for speed and efficiency
What do you like best about Numerated?
The ease and speed of the platform are unparalleled in my opinion. It is easy to train bankers to use. The Numerated team provides great support.
What do you dislike about Numerated?
I am just eagerly anticipating more robust offerings in the future.
What problems is Numerated solving and how is that benefiting you?
We are able to rapidly provide lending solutions to our clients while minimizing the expense of processing requests from the the time of application until post closing.
Read more

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