Alternative credit bureau, FactorTrust has partnered with Armada in an effort to provide lenders and borrowers with more comprehensive credit underwriting; Armada develops customized software solutions for loan origination and loan management systems; its lending technology solutions will utilize alternative credit data provided by FactorTrust; according to Armada Labs Chairman and Managing Partner Ralph Ayala, “The integration of the two business systems means minimal to no lead time for clients wanting to use alternative credit data in their loan systems, and eliminates any development work on the customer’s end, getting them online more quickly.” Source
