Defi Solutions has launched a loan-origination application for mobile devices.

The app provides mobile access to Defi Solutions' recently released cloud-based loan-origination system, the Grapevine, Texas-based company said Monday. The new app is designed to allows sales representatives to access details about loans, including information on loan price, approval status, terms and interest rate, through handheld devices like the iPhone.

Defi Solutions' loan-origination system is scalable, and is designed for use by large banks as well as small auto lenders, the company said. The system is based on software from Provenir.