What is lead scoring and how can you do it efficiently?
What is lead scoring and how can you do it efficiently? When working in the B2B space, assessing the quality of potential prospects is essential. This is especially important for
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 and business intelligence platform, SalesTech, 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. SalesTech 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.
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.
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 SalesTech platform will save your team hours and slash operational costs.
SalesTech is a B2B lending automation and business intelligence platform that allows the entire loan application process to be automated. We work with B2B lenders offering:
Secured business loans
Unsecured business loans
Invoice factoring
Merchant cash advance
Asset lending/finance
Alternative finance lenders
The SalesTech automation platform is built on a foundation of different apps that make
use of both APIs from major credit agencies, as well as custom-built services designed to
benefit any business.
Creditsafe’s business credit API gives our decision engine access to credit data from millions of businesses across the UK.
Our automated decision engine takes data from a number of different sources and makes accurate decisions based on your own custom criteria.
Our fully customisable application form app helps make your KYC process more efficient and feeds your customer data directly into the decision engine.
A Creditsafe company credit score, or Creditsafe business credit score is the score assigned to a business by Creditsafe based on that company’s credit history. The higher the score, the better the company’s credit history. You can view a Creditsafe company credit score by using Creditsafe’s credit report service.
Managing credit risk is a crucial part of running a successful business, and working with tools that utilise data from top credit agencies can help lenders calculate company credit limits. Using proprietary algorithms and advanced data analytics, credit agencies are able to provide tailored credit limit recommendations that reflect the unique circumstances and risk profiles of different companies.
Businesses will usually have to pay for the best insights into company credit data. However, it is possible to check company credit scores for free when you sign up to Venture Motion’s business credit checking and decisioning platform; LendTech.
What is lead scoring and how can you do it efficiently? When working in the B2B space, assessing the quality of potential prospects is essential. This is especially important for
A step-by-step guide to checking the creditworthiness of a company Creditworthiness is key when it comes to offering financial services to businesses. From determining a business’ level of financial stability
Effectively carrying out due diligence on a company with Companies House data Conducting effective due diligence on a business is essential to company’s operating in a range of sectors. Whether
How to perform a credit analysis of a company Analysing the credit of a company is essential to anyone planning on making a financial decision about a business. By acquiring
Get started with LendTech today. Start processing hundreds of credit check applications in seconds!
We’ll just a need a few more details to get you setup on LendTech.
We’ve sent you a link to get you started with LendTech to