LenderAI by iBusiness Funding
End-To-End SBA Software.
Overview
LenderAI is a technology solution from iBusiness Funding that provides financial institutions with an end-to-end platform for managing SBA loans. The software aims to boost efficiency and reduce risk by digitizing the process, from the initial borrower application and KYC screening to underwriting, closing, and servicing. It features an integration with the SBA's E-Tran system and uses AI to help assess applications.
✨ Key Features
- End-to-end SBA loan workflow
- Digital borrower application and client portal
- Comprehensive E-Tran integration
- Automated financial workbook and ratio calculation
- Digitized credit memos and approvals
- Automated 1502 submission API for servicing
🎯 Key Differentiators
- Singular focus on SBA lending software
- Leverages AI to assess approval likelihood
- Complete end-to-end solution from sales through servicing
- Includes a digital borrower-facing application portal
Unique Value: Provides lenders with a dedicated, end-to-end software solution to grow their SBA portfolio efficiently by automating manual tasks, reducing risk, and improving the borrower experience.
🎯 Use Cases (3)
✅ Best For
- SBA loan origination and servicing
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Small businesses looking for a direct loan
🏆 Alternatives
Compared to broader bank operating systems like nCino, LenderAI offers a more specialized, purpose-built solution exclusively for the nuances of SBA lending.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Enterprise tier)
💰 Pricing
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