Bethesda, Maryland, March 21, 2023–(BUSINESS WIRE)–Rapid Finance, a market leader in helping small businesses find sustainable and customized financing solutions through a fast and easy application process, has recently acquired Digital Announced the rebranding of Thrive, an end-to-end lending platform. to the decider.
As part of the relaunch, the platform has been refactored to provide a more elegant and seamless user experience for borrowers and lenders, and gained additional features. Refactoring focuses on providing a customized experience for borrowers, reducing the time it takes lenders to make informed decisions during the underwriting process. Decisioneer is a key component of Rapid Finance’s Lending as a Service (LaaS) capabilities, helping financial institutions better meet the financing needs of their enterprise customers.
Key platform features include:
Easily configurable and customizable cloud-based architecture.
Real-time insights with direct API-driven connectivity to multiple data sources.
Detailed financial profiles, debt-to-income ratios, and cash flow analysis of applicants and companies seeking financing.and
Integrate directly into your service system of choice and improve customer lifetime value with our Portfolio Management module.
“As the lending-as-a-service market continues to expand, SMB, commercial, and C&I lenders are looking for innovative ways to improve the customer experience,” said Decisioneer Sales, founder of Thrive. said Kunal Sehgal, head of “With Decisioneer, our goal is to provide a streamlined digital platform for end-to-end lending, enabling our customers to increase efficiency and improve user experience.” “The Decisioneer team and I are excited to raise the bar for SMB commercial lending and pioneer the market with this next-generation platform.”
Will Tumulty, CEO of Rapid Finance, said: “With that in mind, we have leveraged our decades of experience successfully lending to small businesses to refine Decisioneer’s capabilities to meet the needs of our customers. By intelligently leveraging engineered automation tools, we help financial institutions support critically important businesses within their communities faster, more efficiently and more cost-effectively.”
For more information, please visit www.decisioneer.com.
About Rapid Finance/Rapid Enterprise
Since 2005, Rapid Finance has helped small businesses grow and succeed across the United States. Driven by a thoughtful combination of technology, speed and deep industry expertise, Rapid Enterprise Business Line provides lending-as-a-service solutions for enterprise clients. With modular, flexible and scalable financial solutions, Rapid Enterprise solutions are tailored to the needs of enterprise partners. For more information, please visit www.rapidfinance.com.
View source version at businesswire.com: https://www.businesswire.com/news/home/20230321005139/en/
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