The cash flow statement is a key performance indicator (KPI) to determine if a company is a good fit for your lending services since it not only shares vital information about their business but also helps to get a good sense of its financial health. LendFoundry’s LOS platform provides an automated "Cashflow Service" which works on transactions obtained from service providers or even manual uploads of bank statements in CSV format. This service powers comprehensive analysis of transactions and helps measure the ability of a borrower to generate & maintain cash.
Make quicker, better underwriting decisions by leveraging LendFoundry's "Cashflow as a Service"!
One of the innovative startups which serves as a Universal Points Platform leverages LendFoundry's Cash Flow services to power their platform to enable Instant-Bank Verification (IBV) and Balance Check to help mitigate potential NSF fees.