Personal loans are referred to your institution from consumers who apply at Upstart.com and meet your credit criteria.
The Upstart Referral Network is powered by Upstart’s AI-powered marketplace, enabling fast, all-digital lending with individual risk-based pricing. Qualified applicants on Upstart.com who meet your credit criteria are presented with your institution’s loan offers that can be originated digitally in minutes using your loan documents. In addition, Upstart identifies your existing customers during the application process to give you an opportunity to present a compelling, personalized offer to deepen your relationships.
Set more than 15 criteria including minimum credit score, maximum debt-to-income ratio, loan sizes, geography and more.
Upstart’s robust marketing engine uses advanced online and offline strategies to drive demand to Upstart.com, presenting your loan offer to your existing customers and new borrowers who fit your risk profile.
Your loan offer is presented under your brand.
Mobile-friendly application allows users to finish their application in one sitting.
Upstart’s risk-based AI model individually prices and matches applicants within your credit criteria resulting in higher approvals and lower losses.
Nearly 90% of loans fully automated.²
Upstart’s expert staff manage all exception processes for higher-risk applications.
Same day all-digital signature process.
Next-business day loan funding.
Promote your other products at no cost by presenting digital offers to your new customer after the loan is secured.
Access insightful metrics and make informed portfolio decisions with the Upstart Performance Console.
Adjust your loan volume and lending parameters as your goals or strategy change.
Upstart’s team of former credit union and bank executives can help manage your program.
