Our Office
Financial District, Toronto, Ontario
Serving FinTech startups across Canada & US
BankrollX, a Canadian neobank specializing in small business lending, faced a critical challenge in their onboarding process. Small business owners were abandoning loan applications due to lengthy qualification processes and unclear repayment terms. The bank needed a solution that could provide instant loan eligibility and transparent repayment calculations.
Led by former TD Bank executives Rachel Kim and David Thompson, BankrollX wanted to revolutionize SMB lending by providing the same instant gratification that consumers expect from modern financial services. They needed a sophisticated yet user-friendly loan calculator that could integrate seamlessly with their existing KYC and onboarding systems.
Build accurate loan calculations with multiple interest rate models and business risk factors
Ensure all calculations meet Canadian banking regulations and disclosure requirements
Integrate with existing KYC vendor and banking platform without disrupting current workflows
Optimize complex financial forms and calculations for mobile business owners
We designed and built an intelligent loan calculator that transforms the traditional lending experience. Our solution provides real-time loan qualification and repayment calculations while maintaining the highest standards of financial accuracy and regulatory compliance.
Advanced loan algorithms with real-time eligibility scoring and interest rate calculation
Guided multi-step interface that breaks complex financial forms into digestible sections
Direct API integration with existing KYC vendor and banking platform infrastructure
Interactive charts showing loan terms, payment schedules, and total cost of borrowing
"ByteSize Click didn't just build a calculator – they built a competitive advantage. The loan qualification tool has become the centerpiece of our customer acquisition strategy. Small business owners now choose us specifically because we can give them instant, transparent loan terms."
Progressive disclosure that adapts based on business type, revenue, and loan purpose
Instant loan amounts, interest rates, and payment schedules as users input information
Interactive charts showing different loan terms and their impact on monthly cash flow
Secure session management allowing users to complete applications across multiple sessions
We built a sophisticated calculation engine that handles compound interest, risk-based pricing, and Canadian banking regulations. The engine supports multiple loan products with different terms, fees, and eligibility criteria, all calculated in real-time as users progress through the application.
The calculator integrates with multiple credit scoring APIs to provide instant eligibility decisions. We implemented a weighted scoring system that considers business age, revenue, credit history, and industry risk factors to determine loan terms and interest rates.
Using RESTful APIs and webhook architecture, we integrated the calculator directly into BankrollX's existing banking platform. Loan applications flow seamlessly from calculator to KYC verification to final approval without manual intervention.
All financial data is encrypted in transit and at rest using AES-256 encryption. We implemented comprehensive audit logging, data retention policies, and privacy controls to meet Canadian banking regulations and PIPEDA requirements.
The transparent loan calculator became BankrollX's primary marketing tool, driving a 45% increase in qualified leads and reducing customer acquisition costs by 30%.
Automated qualification reduced manual underwriting time by 60%, allowing the team to focus on relationship building and portfolio management.
BankrollX became the first Canadian SMB lender to offer instant loan decisions, differentiating them from traditional banks and credit unions.
The calculator generates rich data on borrower preferences and behavior, enabling BankrollX to optimize loan products and pricing strategies.
Building on the success of the loan calculator, BankrollX is expanding their digital lending platform:
Like BankrollX, you can revolutionize your customer experience with intelligent
financial tools that drive growth and operational efficiency.
FinTech Web & App Development Agency
Based in Toronto, Serving Canada & the US.
2025 © ByteSize Click. FinTech Development Agency Toronto. All rights reserved.