Ways for financial institutions to say Yes to small business loan requests

Capital Access Network has a Unique Tool

Our Daily Remittance Platform™ (DRP), enables Daily Remittance*- based products that help our subsidiaries approve businesses you decline. DRP is an end-to-end finance delivery system that incorporates a valuable data element - the actual "daily" card revenues of the small business - into risk scoring and risk management workflows.

Using DRP, we can help banks and other capital providers fill an urgent need in the difficult small and mid-sized business market with Daily Remittance products, either directly or on a referral basis. Our clients can offer more capital options with less risk to underserved small businesses, stimulating cross-sell, retention and revenue generation throughout the financial institution's ecosystem. Having this capability is a critical competitive advantage in today's financial industry.

*Daily Remittance definition

"Different Look" Program:

Banks and other financial institutions want to say "yes," sometimes employing "second look" processes that try to approve a few more small business loan applicants. But these processes are often not a "different look", so the answer is still "no." Why not offer an alternative option? Additional working capital products can be provided either as a bank product, or on a referral basis through our subsidiaries. We can develop a flexible program that meets your institutional parameters, offering you and your customers win-win outcomes.

"Pre-Look" Program:

Options at the point of decline are appreciated by small business owners. But offering options to "likely to be declined" clients before they apply for capital is better. We can identify hard-to approve clients within your existing customer base for consideration for our subsidiaries' Daily Remittance products. The process is simple. Let us profile your customers (no PII required) and work together to market a different option. Business owners will see the outreach as an indication that you are proactively thinking about how to provide value-added opportunities that could benefit their businesses - a key customer satisfaction driver and differentiator.