Grow Delivers Robust Loan Qualification Technology to Burns Funding

Grow (https://growfunders.com/), a platform technology company that helps financial services companies and similar entities streamline the loan qualification process, announced today that Burns Funding has become a new client.

Burns Funding, a venture debt lender that helps entrepreneurs and investors obtain capital for their existing businesses as well as new ones, needed Grow's Technological platform solution to help it manage the surging demand for its unique product - the Burns Corporate Capital Program (BCCP).
Through BCCP, clients obtain loans through Burns Funding, without the obligation of having to service the loan as long as they agree to remit a portion of the proceeds back to Burns Funding. Burns Funding, in turn, invests that capital in various passive income vehicles. (https://www.openpr.com/news/4087257/burns-funding-partners-with-elite-automation-one-of).

Grow is the ideal solution in that prospects can visit the Burns Funding website (https://burnsfunding.com/), enter minimal personal data, and instantaneously know whether they are qualified for the BCCP and other products. While this capability is convenient for the borrower, it is "a game-changer" for Burns Funding, according to Peter J. Burns, III.

"We no longer have to commit resources to every prospect that applies for capital," said Burns, the Founder and CEO of Burns Funding. "In many ways, our customers will self-select, or prequalify, for the BCCP, or another product. This is a great way to scale our funding business without having to expand our team to handle the increase demand."

Stephen Campbell, the CEO of Grow, added that the new relationship will also benefit Grow's sister company, Credit Ready, which provides a suite of personal financial solutions to consumers that help them build credit, reduce debt, become mortgage ready or optimize credit for business funding.

"Clients like Burns Funding act as a referral agent to Credit Ready as many loan applicants walk away from the loan process with a desire to improve their creditworthiness," said Campbell.

Grow
1305 West Auto Drive
Tempe, Arizona 85284

About Grow

Grow powers customer onboarding for lenders and loan brokers with embedded forms and landing page links that deliver multiple loan PQ decisions, credit bureau reports, credit underwriting, and custom workflows directly to clients' CRM in seconds.

This release was published on openPR.