Unblocking access to business fi nanceResponse to COVID-19 Crisis
Funding Xchange technology platform combined with Experian data analytics instantly triages business funding applications – removing operational bottlenecks and delivering consistent communication
Funding Xchange automates triage decisions based on live data and surfaces indicative offers
Digital Triage• Remove 80% of ineligible applications and redirect
customers to viable alternatives • Provide instant indicative offers based on
personalised eligibility/ credit assessment
Consistent, accurate indicative offers• Real-time confi guration of product eligibility • Digital, auditable record of solutions and indicative
terms as self-serve tool to businesses and guide to customer service representatives
Automation of assessment• Automation of 60-90% of assessment based on live
data access to CRAs, data capture required for full credit assessment
• Straight-through processing where available
Reporting Solution• Automatic auditable record of all offer terms • Reporting of CBILS loans to British Business Bank
(go live in May)Funding Xchange provides technology platform to instantly assess applications,
makes personalised indicative offers and capture full application data
Introducing Credit as a Service for lenders: Digital CBILS Application JourneyWhite labelled application journey with custom application path linking to Experian Commercial Acumen – launch within 2 weeks with no technology build
Funding Xchange automates triage decisions based on live data and surfaces indicative offers
Remove 80% of ineligible applications and redirect
Provide instant indicative offers based on personalised eligibility/ credit assessment
Real-time confi guration of product eligibility Digital, auditable record of solutions and indicative terms as self-serve tool to businesses and guide to
Automation of 60-90% of assessment based on live data access to CRAs, data capture required for full
Straight-through processing where available
Automatic auditable record of all offer terms Reporting of CBILS loans to British Business Bank
Funding Xchange provides technology platform to instantly assess applications,
Funding Xchange
Delivery within 2 weeksWhite-label application journey with custom application path linking to Experian Commercial Acumen
Business’ or broker’s enquiry assessed for CBILS-eligibly and lender’s credit policy…
… instantly receive personalised indicative offers from the lender
…fully packaged, including based on CBILS requirements, incl. data sources provided by Experian
Funding Xchange contact: Sam [email protected]. 07717 516 531
Experian contact: Nick [email protected]. 07817 980 124
Funding Xchange
Customer in custom domain for 3-min white-label or cobranded application journey
Application journey customised for the lender
Customers receive personalised indicative quotes for all relevant solutions offered by the lender
Call Centre staff can check eligibility, access customer records
Customer provides any additional information required by the lender / CBILS to access the application
Appends Open Banking, Cloud Accounting Data
