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How Beacon Funding uses Ocrolus

$375K

“An average of $375K in fraudulent deals blocked per month”

As published on ocrolus.com, August 2026. Captured by usedby on Oct 7, 2026.

What happened

Beacon Funding, an equipment financing company, runs every application through Ocrolus to check document authenticity and flag tampering in bank statements. It also uses cash flow analytics with custom transaction tagging to support its underwriting decisions.

Summary written by usedby from the source page, in English. The figures are those of Ocrolus and Beacon Funding, not ours.

  • 30 minutes“Fraud concerns identified instantly, eliminating 30 minutes of manual investigation per flagged document”
  • 5+ hours“5+ hours of manual bank statement review eliminated each week”
  • 3-4 hours“providing clients with a decision in 3-4 hours”

Ocrolus Detect now catches an average of 5 fraudulent deals per month. With an average deal size of $75K, that represents an average of $375K in fraudulent deals blocked every month.

From the page. ocrolus.com, captured Oct 7, 2026

Ocrolus Detect is worth every dollar. We get our return on investment when it flags just one potential fraudulent application,

Michael Arida, Credit and Syndications Manager, Beacon Funding. Source, captured Oct 7, 2026

What the story claims, and what we checked

We compared the story with its live page on Oct 7, 2026.

  • The figure: $375KCheckedPrinted word for word on the page, near the name of Beacon Funding.
  • The passage quoted aboveCheckedCopied word for word from the page, near the name of Beacon Funding.
  • The publication dateCheckedRead from the page’s own metadata, never guessed.
  • Beacon Funding uses OcrolusCheckedConfirmed line. Latest check across sources: Oct 7, 2026.
  • The result itselfNot checkedWe quote it; we did not measure it.

Same company, same tool or same industry.

Nearly $2 million“Nearly $2 million in fraud stopped across four flagged cases to date”JMAC Lending uses Ocrolus. Another customer of Ocrolus67%“Haventree Bank has cut bank statement review time by 67%”Haventree Bank uses Ocrolus. Another customer of Ocrolus90 percent“90 percent faster bank statement analysis, reducing review time from about 30 minutes to three minutes”Banclease Acceptance uses Ocrolus. Another customer of Ocrolus