Prospa has announced a new game-changing intelligent quoting tool for brokers, Prospa IQ, among a series of product enhancements unveiled at the small business lender’s Unstoppable event held late October.
Roberto Sanz, Prospa’s general manager sales and partnerships, said the tool will help brokers provide an enhanced experience for their business clients.
It utilises the lender’s proprietary Credit Decision Engine to give brokers the ability to generate realistic quotes, without impacting clients credit scores.
Brokers are able to access the tool on mobile devices and set expectations upfront on borrowing capacity, terms and pricing for their business clients.