Small business lending platform Biz2Credit is rolling out a new technology designed to help traditional financial institutions strengthen their small to medium-sized business (SMB) lending operations.
With its launch announced Tuesday (May 21), Biz2X is a Software-as-a-Service platform that integrates loan lifecycle management, risk analytics and features to strengthen the borrower experience. The white label solution includes artificial intelligence (AI) analytics that can configure to an institution’s unique credit policies.
“Biz2X is built on the same technology that has helped Biz2Credit become the premier digital lending platform for small businesses,” said Biz2Credit Chief Executive Officer and Co-Founder Rohit Arora in a statement. “Our clients get to use that expertise to automate their small business lending and improve their pricing and credit…