No bureau score, steady payroll
BeforeDeclined, thin file
Under your rulesApprove
Indirect, direct and buy-here-pay-here lenders for auto & powersports
More approvals. Same risk appetite
Cash flow underwriting inside the credit process you already run, whether files arrive from your channels or your dealers.
Application in
Bank connection
Statements
Paystubs
Verified income$6,110/mo0:58
Trusted by auto lenders and the dealer groups that submit to them.
Application to decision, without the chase.
One thing asked of the applicant, no stipulation ping-pong, and it runs inside the pipeline you already have.
0:00Your dealerDeal submitted by the dealer
0:02KoraOne link out to the applicant
2:00ApplicantBank connected, or statements uploaded
2:58KoraThe full cash flow file lands
3:00Your policyRules run, decision back in your LOS
Underwrite inputs, not estimates.
A credit report is a snapshot of what got reported. These are live measurements, taken from the account the loan will actually be paid from.
See the full report anatomyIncome from real deposits
The stated figure checked against what actually lands, stream by stream.
Every obligation, typed
$1,645/mo of commitments, including the kinds no bureau file carries.
Live, not last cycle
Measured from bank activity as of the morning you decide, not the last reporting cycle.
Employment, observed
The employer seen paying into the account, not a field somebody typed.
Your credit policy, executed every time.
Policy that lives in a PDF gets interpreted. Policy that lives in the analysis gets executed: your rules run against every file the moment it completes, before a human ever opens it.
Your thresholds, not ours
Every rule and cutoff is configured per lender. What counts as excessive overdrafts on your desk is your call, applied identically on every file.
Warning is not decline
Outcomes are graded the way your desk already works: approve, flag for review, request supplements, or decline. Files route instead of dying.
The why on every finding
Every finding carries the exact condition behind it and the value that crossed the threshold, grouped by severity, so the why behind a decision is on file before anyone asks.
Where better inputs change the decision.
Same appetite, better inputs. Marginal files become approvals, and files that only look clean stop reaching your book.
690 score, clean tradelines
BeforeAuto-approved
Under your rulesDecline
Gig income, no pay stubs
BeforeStuck in stips
Under your rulesApprove
Job changed last quarter
BeforeManual review queue
Under your rulesApprove
Illustrative files. Your own rules, acting on measured income, obligations, and behavior.
Trust the file before you price it.
The paper often arrives through a third party, so the documents and the identity behind them are checked before a figure comes off the file.
Documents that lie get caught
Uploaded statements pass through tamper detection and a line-by-line balance reconciliation before any number reaches your decision.
The right person, the right account
Names and addresses observed in the bank data are matched against the application, so first-party fraud surfaces early.
Built to survive your model committee.
Two production cash-flow scorecards, charge-off and 60-day delinquency, each trained on real loan outcomes. And when your portfolio deserves its own model, we build one on your data: development, backtesting, and validation included.
Primary
Charge-off model
Predicts loss, the outcome your P&L feels.
Early signal
60+ DPD model
Predicts serious delinquency, the smoke before the fire.
Built with you
Your custom model
A scorecard trained on your own portfolio, when your paper has its own story to tell.
Take the answer where you desk the deal.
One analysis, three ways out: into your LOS the second it finishes, onto a dashboard when a deal needs a closer look, and onto a page for the deal jacket.
Desk the deal without leaving your LOS
The webhook fires the moment the analysis finishes and one call returns the file, so the deal reaches whoever desks it with your rules already run.
Check a figure instead of taking it
Every deposit with the label Kora put on it, so an analyst can see what the verified income was built from before they restructure a deal.
File one page in the deal jacket
A dated document carrying the verified figures and where they came from, for the jacket and for whoever opens the file later.
Buying dealer paper?
KoraConnect for dealers Verified income arrives with the application.
When your dealers run KoraConnect, the proof of income they collect is the same analysis your buyers see, so stips clear once and funding stops waiting on paperwork.
What lenders ask first.
The six that come up before a pilot.
01Does cash flow underwriting work for thin-file and no-hit applicants?
Especially for them. We’re reading bank activity, not bureau history, so even an applicant with no credit score still shows income, obligations, and spending behavior. Most lenders run it alongside a bureau pull, but for no-hits, it ends up being the primary signal.
02We buy indirect paper. Where does KoraConnect sit?
Wherever the application starts. If a file comes from a dealer, the verification’s already been run through the dealer portal, and integrations can be built with DealerTrack or RouteOne. For your own direct applications, the same analysis runs right from your LOS or dashboard. We can plug in at any point in your underwriting flow: same report, same rules, no matter which channel it comes through.
03We run buy-here-pay-here. Can we underwrite the paper we keep?
Yes, and holding the note actually changes what the analysis is protecting. There’s no funding source to satisfy, so it’s just your own book on the line. Since a BHPH deal gets underwritten and financed right there on the same lot that sells the car, the customer connects a bank account or uploads statements at the desk, and you get verified income, obligations, and your own cutoffs back before the keys ever change hands.
04Can I keep my own credit policy?
That’s exactly the point. Your thresholds become the decision rules that run on every file, and outcomes get graded the way your desk actually works: approve, review, supplement, or decline.
05How do we explain a decision made on a cash flow analysis?
Every score comes with its top drivers spelled out in plain English, each tied to a reason code, and every flag shows the exact condition and value that tripped it. Your compliance team can see the why right there on file; it’s never a black box.
06Will KoraConnect work with our LOS?
If your LOS can make REST calls, yes: it’s four endpoints and a webhook. Some teams just run it dashboard-only, or drop the embeddable widget into a flow they already have. And the sandbox is free, so you can build against it before committing to anything.
See the answer on a live submission.
Book a demo and we’ll run one deal end to end: the intake your channels already use, the verified income and obligations, your rules and the score, in the surface your team already works in.
Auto lenders across the US & Canada