The Framework's Virtual Capture functionality provides applicants the ability to apply for a new loan or open a new account without ever leaving the comfort of home! Applicants can use their personal computers, laptops, tablets and smartphones to create and edit loan applications that can be accessed directly within the Framework. Give applicants the power with Virtual Capture!
The following is an example of the virtual application process for applicants. You will quickly see the how the ease and efficiency of the virtual application process brings greater opportunities for a financial institution.
Kyle Applies for a New Auto Loan
Kyle is currently an account holder at WC Financial. After working three jobs for the past five years, he finally has enough money saved up to buy a new car, but cannot find the time to visit his local branch to apply for an auto loan. Lucky for him, WC Financial has just introduced the virtual application process.
One night after work, Kyle opens his laptop and browses to WC Financial's web site. He easily locates the New Auto Loan product and clicks 
.
The first screen of the application is displayed. Kyle quickly enters information within all of the fields and clicks 
, repeating this process until all steps have been completed.
After completing the final screen, Kyle clicks 
to submit his application to the financial institution for review and decisioning. The next day, Kyle is notified that his application has been approved and he is off to the dealership to buy his well-deserved new car.