Case Study: How Evolve Bank used Middesk and Alloy to accelerate PPP loan processing
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Fintech companies Middesk and Alloy worked with Evolve Bank to tackle a unique challenge: processing thousands of loan applications to ensure struggling small businesses would get a PPP loan. Evolve Bank needed to move fast, but couldn’t sacrifice accuracy. Middesk runs every business through a comprehensive sanctions list, and directly verifies a company’s standing with all 50 Secretary of States in just minutes. Through Alloy, Evolve Bank was able to submit businesses to Middesk in just a couple of days. Learn how Middesk can dramatically reduce loan processing times and accelerate your company’s growth, without sacrificing compliance.