Accelerate your SMB lending process using accounting data
Our direct accounting and business data integrations make small business lending a breeze by improving the customer journey and fast-tracking application review and decisioning. Stop bothering with spreadsheets and modernize to direct, secure connections.
Process small business loan applications in seconds
Our technology processes financial and business information so quickly that you can reduce loan review and decisioning time to only seconds using your predetermined lending criteria. If you want to use a borrower’s income & expenses in real-time, DSCR, days cash on hand, client history, or predicted cash flow data, we make it simple to reduce risk and make faster, smarter lending decisions.
Offer personalized loan options to your borrower
Using insights like short and long-term cash flow forecasting and numerous risk attributes analyzed instantly from validated client-permissioned data, you can pre-qualify borrowers. Want to only lend to clients with six months of cash on hand and a DSCR of 2? Make it happen with ForwardAI.
Catch borrower fraud instantly
Our state-of-the-art PreciseMatch™ technology highlights risky borrower activity instantly, including cooked books, suspicious transactions, and outlier transactions. It automatically maps transactions between bank accounts and accounting data, so your underwriting team doesn’t have to. With immediate access to validated real-time sales data, customer payment behaviour, vendors, and more, you can reduce processing costs for small business loans.
Improve the small business application journey
With only three steps, you can access the secure accounting and business data insights you need to make automated lending decisions or quickly review.
Borrower prompted to connect data and accounts
Borrower grants access, and data is processed
Financial data/KPIs analyzed and predicted
No development team, no problem
ForwardAI Access is a streamlined, white-label partner portal that makes small business lending easy. Want to keep borrowers connected until they meet your lending criteria? With client-permissioned data in the Access portal, it’s easy to keep an eye on current, potential, and prior borrowers.
No matter the size of our clients, we serve the critical small business data lenders need to make intelligent financing decisions.
Integrate with major small business software platforms in markets worldwide
Need coverage in multiple markets? ForwardAI offers real-time access to market-leading small business software, including QuickBooks Online, Oracle Netsuite, Zoho Books, Sage Intacct, and many more. Need a specific brand and don’t see it on our list? Get in touch with our team and let us know.