Approve Owl is an AI-based solution designed to streamline loan application processes for car dealerships, particularly in the subprime space. By enabling buyers to complete applications and submit documentation online, it helps reduce paperwork and speeds up financing decisions. The platform also verifies income information, which often causes delays or even deal failures. Approve Owl uses Plaid's secure data sharing technology to help customers grant permission for financial data access. This solution not only improves the customer experience but also allows salespeople more time to focus on selling.