Digital Credit Applications
Approve the right customers, at the right limit — without a bureau or a guess.
Thor replaces paper applications and gut-call credit decisions with a branded online application, automated reference checks, and Thor's own risk score — so every new account gets decisioned fast, consistently, and correctly.
See how it worksRisk score · No bureau required
Why Thor
Fast
Approvals in hours, not days. No more phone-tag references or paper packets stalling a sale.
Accurate
A real score, not a feeling. Gut calls cut both ways — too cautious loses good sales, too loose adds bad debt.
No bureau required
Start scoring applicants today. No bureau contract to negotiate, and no per-pull fees eating your margin.
What's Included
Everything you need to decision an application.
Branded, self-serve application
Customers apply and e-sign your credit terms online, under your brand — no PDFs emailed back and forth.
References on autopilot
Bank and trade references are requested, collected, and rated automatically. Stop dialing.
A score, not a guess
Thor's own proprietary risk algorithm returns a 0–100 score and a recommended credit limit — no bureau required.
One approval pipeline
Track every application from submitted to approved, with owners assigned and aging visible at a glance.
How It Works
From application to decision in minutes.
Applicant applies
Your customer fills out a custom online credit application and signs their terms electronically — no paper, no PDFs.
Thor evaluates
Thor scores risk, checks the bureau if you choose to, automatically contacts references, and produces a recommended credit limit.
You decide
Your credit manager is alerted, sees the recommended limit and exactly why Thor recommended it, and approves — in minutes.
The differentiator
No bureau? No problem.
Most credit tools assume you already have a bureau relationship — and charge you every time you use it. Thor's risk scoring is proprietary and doesn't require a bureau at all, which means it's cheaper to run, and you can start scoring applicants today without negotiating a bureau contract first.
Proof
What changes once Thor is live.
- Faster approvals — hours, not days
- Consistent, defensible decisions on every applicant
- Zero manual reference calls
- Right-sized credit lines — fewer lost sales, less bad debt
Resources
Go deeper on credit decisioning.
GuideHow Should You Actually Determine a Credit Limit?
A practical breakdown of the inputs that should go into a credit decision — and why gut-feel limits tend to fail in one of two costly directions.
Read the guide
ChecklistThe Credit Application Audit Checklist
What a defensible, consistent credit approval process should include — use it to see how your current process holds up.
Get the checklistExplore more
The rest of the credit lifecycle.
One platform across the entire credit lifecycle.
See how Thor can replace paper applications and gut-call decisions with something faster and more consistent.