A crop of alternative financing lenders has broken into traditional markets to support private company borrowing. PayNet's paying attention.
No one has quite figured out fast, safe, and low-cost lending to small- and medium-sized businesses. But billions are being invested by big banks and big tech to solve this problem, driven by a vision of big profits.
In the meantime, online and alternative finance lenders are streamlining and automating the credit approval process—and capturing market share. PayNet serves this demographic as well, with solutions and insights that transform commercial lending into a turnkey, user-friendly experience.
Alternative and online commercial lenders typically offer more user-friendly interfaces and faster decisions than traditional commercial lenders. That’s appealing to business consumers and the underserved small business market, who find a lengthy underwriting process burdensome.
PayNet gives alternative lenders a boost with data that’s unavailable anywhere else. Our solutions give them an edge by:
As digital lending advances and alternative lending tools become more accepted, the market will follow. More than a transactional vendor, PayNet seeks to be a transformational partner during a period of exceptional growth.
PayNet's alternative lending solutions are completely customizable, not "take it or leave it." We’re ready to collaborate to meet your customer demands.