Lendflow and SentiLink Partner to Reduce Fraud and Streamline Compliance in Small Business Lending
SentiLink, the leading provider of identity verification and fraud detection solutions, and Lendflow, a leader in embedded finance and credit decisioning, are proud to announce a new partnership that enables customers to fight financial crime in the small and medium-size business lending market.
“Our partnership with Sentilink has enabled our clients to streamline and automate the onboarding and underwriting of businesses and their owners,” said Jon Fry, CEO and Co-founder of Lendflow. “Sentilink’s identity fraud solution helps our clients increase operational efficiencies and drive down underwriting costs, which in turn helps them provide faster and better-priced credit products to their SMB customers. That’s a big win for the industry as a whole.”
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Lendflow provides the infrastructure for new and established capital providers to build and launch innovative credit products to better serve the SMB lending market. Their Credit Decisioning Engine and Credit Data Services aggregate numerous data sources that enable fintechs, SaaS companies and lenders to bring to market innovative lending solutions tailored to their customer base. Data sources include KYC (identity verification), KYB, Cash Flow Analysis, Business Credit Reports, Personal Credit, and more.
“We’re excited to partner with Lendflow to address identity fraud and empower more innovative companies to reach the SMB lending market,” said Naftali Harris, CEO and co-founder, SentiLink. “Underwriting small business l**** isn’t a one-size-fits-all proposition, which Lendflow’s platform helps solve. Combined with our solutions that stop identity theft and synthetic fraud at the point of application, as well as our compliance-focused KYC tools, this partnership will fuel the flow of capital into American small businesses while reducing fraud risk.”
SentiLink reviews consumer data provided at the point of account origination and returns scores, attributes and critical insights indicating the likelihood that an application is fraudulent. By combining proprietary data and deep insight on fraud and identity, SentiLink’s unique approach and innovative product suite helps manage risk, reduce fraud, and approve more good customers faster.
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