SME lenders are revolutionising business finance with automations In 2021, the number of SMEs operating in the UK plummeted to its lowest level since 2015. This was, of course, a
LendTech & B2B Lenders
As a B2B lender, having a deep understanding of your customers is essential. As such, the underwriting and kyc processes can be time consuming and expensive. Whether checking and validating Companies or simply determining whether or not a business would be eligible for a loan, it isn’t an easy process.
Our B2B lending automation platform, LendTech, simplifies that.
To approve applications for high-value business loans, you need to be sure that you have the most accurate and efficient data available to you. LendTech seamlessly integrates with your systems as well as applicant information through custom forms, open banking, Companies House and more to ensure the necessary data is acquired rapidly and accurately.
lending decision engine
A key component of any successful business loan approval process is ensuring that the applicant is a perfect fit for your lending criteria. With our unique business loan decision engine platform, you choose the criteria and our automations will provide you with an automated eligibility report in seconds.
reports and triggers
With the data collected and your custom criteria set, the eligibility reports that our decision engine automatically produces will provide you with highly accurate, instantaneous information. With this information, you can approve or deny applications in seconds, or simply set the criteria to automatically trigger an approval or denial. With an automated scoring system in place for applications, our LendTech platform will save your team hours and slash operational costs.
LendTech is a B2B lending platform that allows the entire loan application process to be automated. We work with B2B lenders offering:
Secured business loans
Unsecured business loans
Merchant cash advance
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