A core component of this verification is achieving high match rates when querying Secretary of State databases.
Manual verification processes are time-consuming, error-prone, and expose lenders to unnecessary risk.
Moving 6 Major Regional Offices Disrupting Lending Ecosystem
Verifying business legitimacy is a critical, yet often cumbersome, process.
Bad actor's legacy: prolonged industry pain
This confidence is reflected in the rising number of planned conversions, with over 71,000 units anticipated by 20254.
For alternative business lenders and institutional lending executives, the ability to make rapid, accurate decisions is the lifeblood of success.
$3Bn B-rated 1st-lien, $1Bn CCC+ 2nd-lien
Efficiently verifying business legitimacy, assessing risk, and ensuring compliance hinges on the availability of comprehensive and reliable information.
Recent FDIC Board Actions Signal New Direction
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