CHALLENGE. Prosper\\\\\\\'s goal was to make the loan application and approval process as simple as possible. It should allow borrowers to apply for a loan by simply entering a few pieces of information. The request would be approved within hours, improving and optimizing the improved lending experience, making it completely different from that of traditional banks. SOLUTION. Loan Management System. Prosper started the P2P market in 2005. Initially, it had no loan management system, and Prosper\\\\\\\'s employees had to review and approve each loan manually. Perfectial assisted our client with a custom and upgraded solution to manage all loan-related activities within a single system, thus making the loan granting process simpler and more efficient.
