Accelerating Service with an Improved Loan Origination Process

Learn how Lenderfit streamlined its loan origination process with online forms, documents, and electronic signatures—all included in the Formstack platform.


David Teliaferro began building Lenderfit in 2018 with the goal to transform the lending process for lenders and customers through technology. As an entrepreneur, he had experienced multiple inefficient loan application processes based on outdated technology, paper, emails, and fillable PDFs. David knew there had to be a better way to perform loan origination.

This inspired him to launch Lenderfit, a commercial lending platform that simplifies and streamlines the way loans are processed by combining the client and customer experience on one platform. As he built out this financial workflow solution, he realized he needed to find a data management system that could easily integrate into his tool. His team needed a secure solution for  customizable forms, automated documents, and accessible eSignatures to replace manual loan processing with a streamlined financial workflow.


Instead of building their own internal solution, Lendferfit decided to integrate the Formstack Platform into their tool. This saved their internal teams months of development time and minimized cost. Forms, Documents, and Sign all easily integrated into their system, making it look like one complete, secure tool. Formstack’s flexibility and adaptability made it easy for the Lenderfit team to create the workflows needed for all types of loans with features like Conditional Logic, Calculating Fields, File Uploads, and  an open API.

With Formstack’s powerful data collection and management tools added into their system, many clients were able to manage 10x their normal application volume. Lenderfit now uses the Formstack Platform to manage:

  • SBA Loans
  • COVID-19 Relief Funds
  • Financial Education Workflows
  • Grant Distribution
  • Commercial Loan Applications
  • Post-Loan Follow-Up  

Related Templates

Loan Agreement Template

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Grant Application Form

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Customer Experience Survey

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Payment authorization

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Grew revenue

Enabled lenders to take on up to 10x the amount of applicants and borrowers

Improved loan process

Streamlined the loan process from application to approval with a seamless and secure workflow

Built quickly

Launched fully customized, digital loan applications for clients in under three days

Combined systems

Directly integrated Formstack within their system in under six weeks

Video Transcript

Lenderfit is a cloud-based loan origination software that acts as a real-time shared workspace between lending teams and applicants. Its intuitive and mobile-friendly application portal with CRM-like navigation makes it easy for borrowers and lenders to navigate the loan origination process.
Financial Services
Digital Financial Workflows
Forms, Documents, Sign, Platform