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How Are Alternative Lenders Achieving In-House Efficiency Through Outsourcing?

By August 11, 2022March 18th, 2024No Comments
alternartive lenders outsourcing efficency lending blog

The lending space has been undergoing significant changes over the past few years, as the number of alternative lenders has dramatically increased.  This rapid growth has resulted in increased inefficiencies in the lending process, making it increasingly challenging for lenders to ensure compliance and maximize efficiency.

As alternative lenders look for ways to improve their in-house efficiency, many are looking to outsource non-core tasks. These tasks are fast-paced and often require specialized skill sets to do them well.

Lenders can focus on their core business while outsourcing non-core tasks to an outsourcing company while maintaining a high-quality level.

How can outsourcing help alternative lenders achieve in-house efficiency?

A business process outsourcing company can help alternative lenders achieve efficiency in the following manner:

1. Reduce application processing cycle time

Speed and Efficiency

Lenders tend to have a long application review process that often takes weeks. This causes delays in approval times and ultimately increases costs. An outsourcing company automates loan applications, which has a significant edge over lenders who assess loan applications manually. 

These automated tools significantly reduce the time required to complete a loan application procedure and boost overall business efficiency. 

With ARDEM’s Alternative Lending Outsourcing Services, alternative lenders can leverage their skills and technology to save time and costs. You can reduce application processing cycle time, increase efficiency, and scale up quickly with us.

2. Lower operation costs

Outsourcing enables lenders to lower operating costs by reducing labor costs and minimizing overhead.  

By contracting out loan processing to qualified third-party providers, lenders can minimize the number of staff members necessary to operate their business, thus improving efficiency.

3. Focusing on core loan processing operations

Accurate Data Entry Goals

Alternative lenders looking to outsource their non-core activities can benefit from outsourcing by focusing on what they do best, leading to more efficient processes. 

Through this, they can also guarantee that their customers receive a faster and more efficient service.

4. Access to the latest technology

Loan providers can access cutting-edge technology through outsourcing partners. This allows them to leverage the latest tools and software available in the market today, which will help them improve efficiency in their operations as well as help them be more competitive among other competitors in the industry.  

ARDEM creates highly competitive services through industry expertise and cutting-edge technology, helping customers optimize their processes to do what they do best-run their businesses. With ARDEM Automation,  automate your loan application processes.

5. Access to top expertise

Lenders will gain from outsourcing loan application processing because it provides them with a specialized team of professionals. Using specialized automation software, they will oversee the key loan processing operations. 

As a result, the company will be able to concentrate on its core loan processing operations while increasing efficiency.

6. Gain a competitive advantage

ardem outsourcing

Outsourcing can provide a competitive advantage over other loan providers because it allows companies to compete effectively in markets where they may not be able to compete on their own merits alone due to a lack of internal expertise or resources.  

Outsourcing can help lenders differentiate themselves from their competitors by offering faster processing times, higher quality data, and tighter security controls than their competitors.  

ARDEM’s innovative technology and efficient cloud network automate simple and repetitive tasks such as data entry or mining. Furthermore, our exceptional Robotic Process Automation Services aid in lowering costs and improving efficiency.


Outsourcing the loan process has become critical for alternative lenders to move their focus away from time-consuming processes and on growing their business, funding loans, and enhancing customer experience.

ARDEM provides Business Process Outsourcing and Business Process Automation Services to established companies to help them improve operational Efficiency and Reduce Costs.  For more information please reach out to us  at or call us at 908-359-2600.