About LendingFront
LendingFront offers a comprehensive SaaS-based lending platform explicitly designed to leverage operating cash flow data for small business lending, providing lenders with specialized infrastructure, data, process automation, and risk monitoring to profitably serve small businesses through an integrated and automated lending process.
Investment Thesis
Small businesses drive economic growth and job creation, but they often struggle to access credit due to underserved markets and a lack of specialized technology for profitable lending. Non-traditional lenders have entered the market to address this need, but banks have an advantage regarding the cost of funds and compliance. LendingFront's advanced SaaS-based lending platform leverages operating cash flow data to enable efficient and risk-reduced underwriting, positioning banks to maintain dominance in the small business lending market.
2019
First Check
FinTech
Industry
Pre Seed
Investment Type
I
LOVC Fund