As a direct lender of online loans, Elsolution is revolutionizing the emergency loan market by utilizing the world’s most sophisticated FinTech technology. Elsolution uses machine learning through artificial intelligence and big data to detect fraud and predict payback. We provide online loans directly to borrowers through desktop or mobile devices, underwriting those loans in a matter of seconds without making the applicant fill out a lengthy application. Elsolution is dedicated to providing fair and transparent access to credit. Without the overhead costs of brick-and-mortar locations, and by doing a better job of detecting fraud and predicting payback, we’re able to offer borrowers access to emergency capital that many other lenders can’t. We can offer loans to “thin file” borrowers, the unbanked and the underbanked at up to half the cost of other small-dollar lenders, payday companies and pawn brokers, without the hidden fees—such as origination, rollover, and missed payment fees—that others often charge.
elsolutionllc lends real estate investors approximately 75% - 90% of their purchase price, and sometimes even more! Our mortgages are generally non-qualifying.We will lend on ANY property, statewide, no matter where you bought it. If the deal makes sense, we’ll do it! With elsolutions, you can expect: No Minimum FICO Score Requirement No Balloon Payment / No Prepayment Penalty Only Fire & Vandalism Insurance No Roof or Termite Inspections NO Credit Life or MIP