GoDocs Partners with AVANA CUSO to Transform Loan Process, Reduce Costs, and Enhance Borrower Experience

Whats Happening:

GoDocs, a leader in commercial loan document automation, has partnered with AVANA CUSO, a Credit Union Service Organization, to revolutionize the loan process. This collaboration has resulted in a 75% reduction in legal fees per loan, improved operational efficiency, and enhanced customer satisfaction. By implementing GoDocs' automated legal document generation platform, AVANA CUSO has replaced their attorney-based process with a faster, more affordable solution while maintaining full legal compliance.

Key Moves:

• GoDocs partners with AVANA CUSO to streamline loan processes

• Implementation of GoDocs' automated legal document generation platform

• 75% reduction in legal fees per loan achieved

By The Numbers:

• 75% reduction in legal fees per loan

• More affordable loans offered to borrowers

• Increased customer satisfaction reported

Key Quotes:

• "We should have made the switch to GoDocs a long time ago. We love the product and the access to legal services when we need them." - Matt Hunt, Chief credit officer, Avana

• "GoDocs has designed our solutions to help lenders like Avana streamline their workflows, reduce costs, and provide an experience that keeps borrowers coming back and referring others." - Adam Craig, CEO GoDocs

Bottom Line:

The partnership between GoDocs and AVANA CUSO demonstrates the significant impact of technology in transforming traditional lending processes. By automating legal document generation, the collaboration has not only reduced costs but also improved operational efficiency and customer satisfaction. This strategic move positions AVANA CUSO for continued growth and success in an increasingly competitive market, while showcasing the potential for similar innovations across the lending industry.

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