PRN Funding has launched on the XEN platform to power its sales and underwriting.
PRN Funding now conducts all origination, diligence and new client onboarding on XEN, streamlining how it manages prospects from application intake to final approval.
“XEN has enhanced our sales and underwriting significantly,” Phil Cohen, president of PRN Funding, said. “The efficiency and capabilities we’ve gained through the XEN platform have transformed how we onboard clients. What used to take multiple, disconnected systems and manual processes now happens seamlessly in one platform.”
Alexander Kayfetz-Gaum, vice president of operations at XEN, said, “We’re thrilled to partner with a leading factor like PRN Funding, especially as they celebrate this major milestone. PRN’s 25 years of industry leadership combined with the XEN platform creates a powerful partnership, and we’re proud to support PRN’s continued growth and success for the next 25 years.”
