Affordably Grow Your Lending Portfolio with Proprietary Response and Risk Data and Protect Against Risks with Proactive Monitoring
Identify the right customers for your offerings, confidently accelerate business underwriting and leverage industry leading performance information to protect against risks.
The 3 Critical Challenges Facing SMB Lenders Today
How to affordably acquire the best customers for your business, automate underwriting and identify the hidden risks in your lending portfolio.
1
Business Identity & Business Health Blind Spots
Smaller businesses lack the financial transparency of larger enterprises – while fraudulent and synthetic businesses are on the rise. Without comprehensive business identity data and peer lender data, you’re either declining creditworthy businesses or accepting hidden fraud and compliance risks.
2
Manual Processes Slowing Growth
While your competitors automate, businesses demand faster approval processes. Operational bottlenecks aren’t just inefficient—they’re costing you market share.
3
Late Risk Detection = Major Losses
Business performance deterioration is evident, but only if you know what to monitor. Without proactive monitoring of business activity with peers, customer trends, license lapses, legal actions—you’re blind to deteriorating business accounts.
How Verdata Solves SMB Lender Challenges
The industry's most comprehensive merchant intelligence—20M+ verified SMB records, continuously updated—powering tailored acquisition, faster onboarding and proactive monitoring.
Complete Business Intelligence for Accurate Acquisition
See the full picture of any small business with revenue data, ownership structures, and payment performance across multiple industries. Target growth-stage businesses with our demand signals while avoiding those showing distress indicators.
- Target businesses by size, industry, time in business
- See cross-industry payment patterns and trade references
- Identify businesses ready for growth capital using demand indicators
Automate Underwriting (KYB+)
Transform days of manual business verification into instant decisions. Auto-verify business registration and licenses while pre-populating applications with verified business data to eliminate document collection.
- Auto-decision 85+% of SMB loans with verified business data
- Instant business entity and ownership verification
- Seamless integration with commercial loan origination systems
Portfolio Health & Early‑Warning Monitoring
Monitor every business customer daily for signs of distress—declining customer sentiment, license expirations, new liens, or legal actions. Detect business deterioration 45-60 days before problems begin.
- Track business activity and sentiment.
- Alert on UCC filings, tax liens, judgments and litigation
- Enable your customers to build their commercial credit profiles by working with you