Introducing BetaScore—the credit scoring platform that helps small businesses be their best and gives institutions the confidence to lend.
.webp)
AI-powered credit scoring model that can predict small business loan default with 98.2% accuracy.
Built on rich financial and loan performance data.
Individualized assessment of financial health and credit risk.
Deciphers meaning from complex data, delivering tailored insights to users in clear language.
Making a loan involves costs for processing underwriting information and decisioning, so lenders focus on loans that justify the effort.
As a result, the minimum loan amount and terms they’re willing to offer are often too aggressive for small businesses. This leaves many without the necessary capital, hindering growth or leading to failure.
There's no single source of truth for small business credit risk. At least 70% of lenders rely on personal FICO scores to underwrite small business loans.
Legacy bureaus use data sources like UCC filings and trade disputes, but only a small subset of SMBs produce this data. It's also an incomplete picture of financial health.
BetaScore offers a modern way to assess SMB credit risk, providing transparency for lenders and SMBs. Using financial and loan performance data from sources like the SBA and USDA and other unique data sources, BetaScore predicts credit default risk with explainability. Our use of generative AI creates a conversational dialogue, providing crucial insights into the business’s financial health.