Lendflow - Codat Partnership

We’re delighted to announce that Lendflow has partnered with Codat, the universal API for business data. As a powerhouse in accounting metrics, Codat is a natural fit for Lendflow’s advanced Credit Decisioning Engine.

By 
Jon Fry
 | 
 | 
April 28, 2022

Small business data is complex, siloed, and difficult to access making it challenging to provide financial services for your small business customers at scale.

Codat enables you to build connected products and services by integrating with over 30 leading small business software providers across accounting, banking, and commerce.

Through our partnership, Lendflow’s embedded Credit Decisioning Engine will unlock the full potential of Codat’s forensic financial data to optimize underwriting processes and performance. As part of our suite of credit decisioning resources, Codat will supplement our other data and service providers — from Fraud/KYC/KYB, to bureau and other business credit data — to build holistic applicant profiles.  

Lendflow’s advanced data aggregation tools feed into customizable workflows that fit your credit underwriting criteria or policies. Customers provide secure, credentialled, and authorized access to their accounting data, which is then automatically pulled into Lendflow’s Credit Decisioning Engine and analyzed alongside other relevant data points. 

Deeper data profiles drive deeper credit analyses. With the help of Codat, Lendflow can efficiently paint a complete credit picture on each borrower — driving faster turnaround times and more complete credit evaluations. 

At Lendflow, we’re constantly striving to help lenders place capital in the hands of qualified customers — partnering with Codat will help us achieve our mission to enable every company to provide seamless financial experiences to their customers, empowering them to reach their full potential, faster.

If you’re interested in learning more about Lendflow schedule a demo today!

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