Product
The online credit application that finishes the job.
A link you send. A form your customer signs. A file your team can act on, with the references chased and the bank verified before anyone has to ask.
What your customer sees
A clean, branded application at a secure link, not a PDF to print and scan. It's available in English and French, configured per branch, so a customer applying to your western region sees that region's terms and contact details.
- Business-name search at intake. The applicant confirms their registered legal name from the search rather than typing whatever they use on the phone, so the right name goes on the application, and later on your invoices.
- Save and hand off. The person who starts the application is rarely the person who can sign it. They can save part-way and pass it to the owner or controller to finish.
- Trade references. The applicant lists their suppliers. Each supplier then gets a self-service link and replies in a minute. The ones who don't reply get a call from a Credlab analyst (see trade references and bank verification).
- Bank verification. Where you require it, the applicant connects their business bank account through Plaid as a step in the form. It's read-only and their credentials never touch Credlab.
- E-signature. The application is signed electronically, with a reminder cadence that runs itself until it's done.
What your team gets
One file per applicant, in the queue, with everything attached: the application data, the signed document, the fraud screening result, the bank verification, and the references, already being chased. From there you order the Credlab Report, set the limit and send the outcome letter, all from the same record.
- Fraud screening on every application. Every application is screened with AI for signs of fraud, and our analysts review anything it flags before it reaches approval.
- A queue you can actually work. Filter by report, signature, approval or who it's assigned to. Flag what needs action. Export to CSV.
- An audit trail from the first click. Who changed what, when and why, with IP and device captured.
Built for more than one branch
Distributors and manufacturers rarely have one credit policy. Credlab gives every location its own form configuration, terms and routing, under one account with shared roles and reporting.
Try it with a real application. Start a 30-day free trial and send your next credit application through Credlab, or book a demo and bring two or three of your own.
Questions we get asked
Can we use our own fields and wording?
Yes. Each location gets its own form configuration: which fields appear, which are required, your terms and your branding. Most teams are live with their first form after the free onboarding session.
Does the applicant need an account?
No. They open the link you send them, fill in the application, sign it and they're done. They can save part-way and hand it to a colleague to finish.
Is the e-signature legally binding?
Electronic signatures are widely accepted for commercial agreements like a credit application. Credlab stores the signed application in the file with its signature record, and reminders go out automatically until it's signed. If your contracts need a particular form of signature, check with your lawyer.
Our ERP already has a credit application form. Why change?
The form is the easy part. Credlab handles what happens after it: our analysts chase the trade references, the bank is verified through Plaid, and the analysis, recommendation, approval and outcome letter all run from the same file.
What does the fraud screening check?
Every application is screened with AI for signs of fraud: the applicant's identity and signature, and anything about the application that looks off. Our analysts review anything it flags before it reaches your desk.
Your first analyst-reviewed credit report, back in about 48 hours.
Start a 30-day free trial, or bring two or three real applications to a demo and we'll walk them through Credlab end to end.