All Business Lending & Fintech

Hey Funder Intel! Sharing a new product that's relevant for MCA community -- the 'Heron Score'. This is a SMB credit risk score enabling funders to instantly assess the likelihood of a company to repay its debt using cashflow data. Case studies have shown that it increases the principal recovered by 5% points and decrease loss rates by 2%. Any funder who collects 90 days of data (~3 statements) and offers short term unsecured credit products can use this score today, in addition to our PDF parsing and analytics tools. Feel free to contact me directly: jakob@herondata.io or book a call with me on our website!

Jakob