First International has entered into alliances with 19 B2B online marketplaces, including those for chemicals, textiles, steels, forged metals, plastics, aerospace parts and surplus assets. Without the participation of a trusted financial intermediary, the seller might be forced to accept the lower bid. It's both credit as well as trust. To support its B2B partnerships, First International developed ThruCredit, an online loan origination platform. The software steps potential borrowers through the loan options available and provides printable versions of the forms and documents appropriate to the loan product and borrower's country of origin.
Borrowers can also track loan and application status online.
That's probably one of the biggest gaps right now in terms of automation.