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ThoroCorp

How ThoroCorp scaled deal volume faster with Dragin

Industry
Business financing
Client since
2024
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Case study
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3
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The challenge
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ThoroCorp
Case study
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3
min read

When ThoroCorp launched, they had a clear goal: build a fast, modern funding operation. From day one, they chose Dragin to manage their underwriting and deal workflow. Today, they’re an established leader in business financing, processing significantly more deals as their team continues to grow.

The challenge

Manual work was slowing growth

For a growing funder, speed is everything. Collecting documents, reviewing bank statements, and managing deals manually made it difficult to scale.

ThoroCorp needed a better way to work. A platform that could keep every deal in one place while reducing the repetitive manual work that was slowing their underwriting team down.

The solution

A smooth transition to AI-powered underwriting

ThoroCorp implemented Dragin in 2024. Like any team adopting new software, they expected a rocky transition. What they didn’t expect was how smooth it actually felt. With Dragin’s team alongside them every step of the way, the onboarding never felt like a disruption. It felt like an upgrade.

The results

After three weeks of onboarding and training, ThoroCorp was up and running with a fully transformed workflow. They were able to:

  1. Review bank statements faster with Bank Scrubber, identifying positions, revenue, NSFs, and risk insights
  2. Manage every deal end-to-end in one Salesforce CRM, with detailed deal reports in a single dashboard and real-time visibility across the team
  3. Keep their inbox organized, with application data and files flowing directly into the CRM

The difference was immediate. Everyone on the team (ISO reps, underwriters, pricing analysts and funding managers) finally worked from the same page. Submissions were tracked, statuses were visible, and nothing fell through the cracks. What used to feel like controlled chaos started to feel like a real operation.

The results speak for themselves:

  1. Hundreds of daily submissions in just 6 months
  2. 7-minute offer turnaround, down from 2 hours
  3. Operational efficiency that saves time and keeps everything in one database

And it’s not just the pre-funding stage that transformed. As ThoroCorp grew, Dragin expanded with them and built out the post-funding operations as well.

“
“Dragin has developed far beyond underwriting and deal flow tools. It now fully supports our legal and collections teams with built-in automation.”
“Two years ago, we launched ThoroCorp with Dragin from the start. Since then, we’ve grown tremendously with virtually no growing pains thanks to Dragin’s innovative and high-quality technological solutions. Today we are proud industry leaders, continuing to break the glass ceiling together with Dragin’s support.”
ThoroCorp

From tracking restraints and bank garnishments to managing settlements and judgment balances, the manual work that once consumed the team is now automated. ThoroCorp spends less time on paperwork and more time on what matters. Today they proudly manage hundreds of ISO relationships and continue to grow.

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