Clik.ai vs Richie Lending

AI Powered Automated Underwriting Platform for Commercial Real Estate Brokers and Lenders.

Clik.ai – a machine learning based commercial real estate loan underwriting platform that uses artificial intelligence to create free of error and highly accurate Excel-based loan sizing models within minutes. It’s proprietary technology, cuts hours of manually extracting financials from Operating Statements, Rent Rolls, Trailing 12 and third-party reports to perform loan sizing and populates industry standard loan models instantly.

Richie Lending - an online lending broker that sells loans at BUY RATE.

Richie Lending - an online lending broker that sells loans at BUY RATE.

BUY RATE is a secret rate at which lenders give loans to brokers. Brokers then present loans at SELL RATE which is usually 10-14% higher. Imagine you are a business owner and applied for a loan with one of the major BUSINESS LENDING BROKERS. That broker sends your file to a number of lenders and gets back a variety of offers.

With a simple subscription, you get access to Secret Interest Rates only lending brokers had previously access to. Richie Lending saves you on average 14% or up to $20k on every single business loan. We automated everything. We were able to automate 75% of the process at my previous startup. We automated almost 95% of the process at Richie Lending. Everything from receiving your application, pre-qualifying you for a loan, accessing your bank account, submitting to lenders, receiving offers and even notarizing contracts is automated. As a result of automation, we spend 300 times less money to process a loan than any broker in the country; we also do it 200 times faster. That's why we can do it 100 times cheaper.

Location: New York, United States