
About

Challenges:
The company was founded by shipping, credit & underwriting experts. The founders needed a software development team that could take the industry expertise of the founders and build a technology solution and customer experience flow that resonated with maritime operators in need of working capital solutions.

Solutions:
On a mission to help MARLO digitize a process that was up until the founding of this company a very hands on & manual process, BuildingBlocks Consulting helped develop an algorithm that took a traditionally 70% manual / 30% automated process to a 30% manual / 70% automated one.
After working with the founding team, BuildingBlocks Consulting learned what criteria lenders looked for to deem credit-worthiness and developed a proprietary credit rating system.
BuildingBlocks Consulting team worked day in and day out with the founders for over 6 months roadmapping, developing and launching an MVP solution. Our product managers & architects were hands on as the team developed / launched their MVP solution and built an offshore development team and product managers.
- Strategically developed a product roadmap & MVP solution that worked with MARLO’s early-stage budgets
- Developed engineering infrastructure in terms of an offshore development team that could ramp up & ramp down during product sprints
- Built data intelligence to evaluate credit risk in shipping
- Create a sector for lenders to identify excellent opportunities with credit-worth “”MARLO-underwritten”” borrowers
- Streamline the underwriting process using an algorithmic approach that speeds up the process for funding a loan


Results
- $30M
Raised by MARLO Technologies - MVP
platform enabled MARLO to secure Series Seed funding - 20
Member engineering team scaled, saving MARLO millions through offshoring - Loan
underwriting & origination platform built by BuildingBlocks Consulting