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Business lending with Codat

Win more business and reduce loss rates with more confident credit decisions based on automated data collection and easy access to customers' financial data

How Codat can help​

Codat's Lending solution caters to financial institutions of any size, including digital lenders and banks and neobanks, helping them to accurately assess a business's financial health and performance.

Relevant solutions​

Give your underwriters easy access to your customers' complete and current financial data enhanced with features to help them verify accuracy and categorize data in the most useful way.

Features​

  • Automated collection, processing, and analysis of financial information that accelerate time to funding, increase successful applications, and reduce underwriting costs.

  • Frictionless application experience that removes manual effort and gives your underwriters real-time access to standardized data from a wide range of accounting software sources.

  • Categorized bank statements enriched with accurate categories and payment provider detail, providing deeper insights while simplifying calculations of key metrics.

  • Standardized financial statements categorized by machine learning trained on data from over 100,000 businesses help you track trends to judge financial stability.

  • In-depth verified live access to payables, receivables, sales, orders, and inventory data, helping you catch fraudulent claims and prevent delinquencies.

Decorative image of schematic graphs, charts, and amounts that represent a customer's risk profile using Codat's Lending solution

Guides​

Looking for code to launch your use case ASAP? Check out our guides:

  • Loan writeback

    Loan writeback is the process of continuously updating an accounting software with information about a loan. Simplify your implementation with our best practices guide.

  • Loan qualification

    Experience the end-to-end lending process flow with automatic loan application decision-making based on real-time checks and trusted financial data.

  • Invoice finance lending

    Invoice financing allows the SMB to raise capital using unpaid invoices as security for the funding. It gives the business access to a percentage of the invoice value quickly and helps improve its cash flow.

  • Review the full range of use cases Codat's solutions support
  • See how you can get started with Codat's Lending solution
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