Secretary of State API for Alternative Lenders
Stop Wasting 500+ Hours a Month on Manual Business Verification
Upgrade your lending decisions NOW with real-time, primary-source data across all 50 states in seconds!
Look, you're not new to this game. You know the pain of manual business verification.
We know you're sick of feeling like you're always playing catch-up with fraudsters. Their tactics evolve so quickly, and your systems feel outdated the moment you implement them.
Every day, you're losing deals because:
- Manual searches eat up 500+ hours per month
- Multiple state databases demand separate logins
- Human errors creep into your data
- Your underwriting team is stressed and overwhelmed
- Unregistered businesses and expired entities waste your time
- Your team struggles with discrepancies in business officer information
- You're forced to refinance deals due to incomplete initial verification
- Outdated information leads to bad decisions
Get SOS API FREE Credits
Plus FREE access to our Financial AI Tools
- Free Credit Risk Modeling Tool using AI
- Automate Term Sheets for State Regulations in Alternative Finance
- Alternative Finance Disclosure Law Helper
What Happens if You Don't Automate Lending?
You'll keep losing deals to faster competitors. Your team will waste countless hours on manual searches. And worse? You risk approving fraudulent applications.
What's It REALLY Costing You?
- Lost deals to faster competitors
- Increased fraud exposure
- Talented underwriting staff resignations
- Compliance nightmares
- Revenue left on the table
- Pain of seeing your team working in the stone age while others automate
Alternative Lending API Solutions
INSTANT POWER AT YOUR FINGERTIPS
- Real-time Secretary of State data across ALL 50 states
- Primary source screenshots for bulletproof verification
- Direct IRS verification for EIN matching
- Confidence scoring that catches what humans miss
AUTOMATED FRAUD PREVENTION
- Catch unregistered businesses instantly
- Contractor License Search integration
- Spot expired entities before they cost you
- Flag officer information discrepancies
- Detect address mismatches in seconds
- Prevent costly verification errors
COMPLIANCE THAT NEVER SLEEPS
- Automated KYB compliance
- Real-time status monitoring
- Court records integration
- UCC filing verification
- Audit-ready documentation
MULTI-STATE MASTERY
- Coverage across all 50 states plus DC
- Specialized court data for NY and Miami-Dade
- Business name variation handling
- Cross-state verification
- Unified data format
INTEGRATION THAT JUST WORKS
- One API call for complete verification
- Flexible implementation options
- Dedicated technical support
- Comprehensive documentation
- Secure authentication system
STOP RELYING ON OUTDATED SYSTEMS
Here's Joe Salvatore, Chief Risk Officer at IDEA Financial say:
"We process between 5,000-10,000 applications each month. This was completely manual until Cobalt's integration automated everything."
Here's Khunal Bhasin, CEO of 1West say:
We, in real-time, digest the information from their credit report. From their bank statement data. We're reading their bank statements through an OCR that we use. And we've also recently signed up with Plaid. Then we're checking the Secretary of State data through Cobalt Intelligence API.
The constant back-and-forth with applicants over missing documents is NOW in the past because you’ve built a risk assessment model so sophisticated it can predict potential defaults before they happen.
Technical Capabilities & Limits
- Thousands of monthly applications
- Batch processing capabilities
- Custom volume solutions for enterprise needs
- State database availability affects live checks
- Some states have slower processing times
We pull data directly from state databases in real-time, providing primary source verification with screenshots for audit trails
ALL 50 states plus DC. No exceptions.
Most clients are up and running in LESS THAN A WEEK.
Our system assigns a score between 0 and 1, with 1 indicating an exact match. This helps assess the accuracy of business name matches
Yes, our system handles common variations, including business suffixes like LLC, and removes unnecessary punctuation to improve match accuracy
Our API helps identify unregistered businesses, expired entities, and discrepancies in business officer information or addresses
The API verifies EIN numbers with the IRS, matching them against submitted business names for additional verification.
We offer comprehensive API documentation, dedicated technical support, and flexible implementation options to ensure smooth integration
Clients are free to use the data they get back in any way that suits their process and that is legal. Cobalt Intelligence is open to discussing specific customization requests, though they find that most clients' needs are well met with the current capabilities of their API.
The API verifies EIN numbers with the IRS, matching them against submitted business names for additional verification.
Cobalt Intelligence uses a technique called long polling for processing requests. If a request takes longer than expected, the API will issue a token, and clients can check back to see if their data is ready. They also offer the option of using callback URLs for more efficient processing.
Real-Time Secretary of State Data and AI Automations made simple.
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