Smarter Small Business Lending Decisions with Analytics and Scoring

Credit scoring provides a single number representing the likelihood an applicant will become seriously delinquent. Having this single number improves origination efficiency since you can rank-order applicants by risk level and set cutoffs to take certain actions when scores fall above or below them. A small business scorecard predicts the creditworthiness of the business in the same way a consumer scorecard predicts it for the business principal. Having this additional meaningful number-from analysis of both business and consumer data- sharpens separation of good and bad credit risk. Scores also improve decision fairness-and make it easy to prove.