Stuck in Stare-and-Compare Mode?
Your team spends hours manually eyeballing packets—matching VINs, signatures, and numbers, while funding drags and margin disappears.
Mago cuts indirect packet delays, errors, and manual work
so you can fund more loans, faster.
Get a 15-min consult. Identify where funding stalls are costing you.
Automate Every Step
Every stalled dealer packet chips away at your margin. Mago’s AI Agents instantly read, validate, and update your LOS—catching errors and clearing exceptions before they slow you down. Faster funding, less FTE, and yield improved.
For most credit unions, indirect lending bleeds margin.
Driver | Impact | Assumption | Impact / Loan | Impact / Month |
---|---|---|---|---|
Net Interest Margin Gap | Up to 1% less NIM | Avg balance: $25k | ≈ $250 / Loan | Context: over loan life |
Exceptions & Rework | Staff time to fix errors | $12–$25 Per exception | $2.40–$7.50 | $960–$3,000 |
1‑Day Funding Delay | Cost of capital | 5% Cost of funds | ≈ $3.43 / Day | ≈ $1,370 / Day |
Action | Before Mago | With Mago |
Funding Turnaround | 2-3 Days | Same day |
Packet Errors & Exceptions | 25% Packet errors | < 1% Packet errors |
LOS Sync & Data Entry | Manual, error prone | Fully automated |
Dealer Communication & Follow-Up | 2–3 Calls/loan | < 1 Call / loan |
"Shastic helped us to create a digital self-service experience by allowing our applicants to keep the application moving, especially after hours when we don't have teammates available."
Horacio Garcia-Korosec
Director of Business Intelligence, Del-One FCU“Shastic's platform brings next-level process efficiency for our team members and real-time communication to keep our members informed and engaged along the way.”
Karen Harbin
President & Chief Executive Officer, Commonwealth Credit Union
Your team shouldn’t be squinting at loan documents all day.
Limited slots remaining for Q1 implementation.
Schedule a personalized consultation today.