Credit Assessment Platform Uplinq and Ranqx to Accelerate Digital Lending to SMBs

Uplinq, the global credit assessment platform for small and medium sized business lenders, strengthens its global reach with Ranqx, a digital SMB loan origination, decisioning and monitoring platform “for lenders and banks.”

With the help of Uplinq’s advanced technology, New Zealand based Ranqx will be able “to further accelerate lending to SMBs with increased speed and reliability, helping to boost revenue growth and access new opportunities.”

Uplinq’s technology has already served as “a foundation for over $1.4 Trillion in underwritten loans globally, and it will now be used to further bolster Ranqx’s commitment to easing the friction and inefficiencies in SMB lending with the most accurate real-time data.”

Ranqx and Uplinq share a common goal, which is “to provide SMBs with access to fair lending capital in a seamless and efficient way through lenders who align with this vision.”

Dave Lewis, CEO of Ranqx, said:

“We are really excited to have partnered with Uplinq. With their innovative technology, Ranqx will be able to make more accurate decisions for lenders whilst incorporating so much more detail into the credit assessment provided. It’s a difficult environment for SMBs, especially when it comes to lending and Ranqx, like Uplinq, is committed to helping underserved, unbanked, minority and immigrant SMB owners, by allowing access to funding to help grow their businesses. Our new partnership will help the growth of SMBs across the globe.”

Ron Benegbi, Founder and CEO of Uplinq added:

“Uplinq’s partnership with Ranqx confirms our common focus, and principles, in helping to open up access to funding for SMBs by ensuring lenders have the most accurate and up to date data available to them to help with decision making. We are really proud of our partnership with Ranqx and we look forward to working together to further the lending opportunities for SMBs internationally.”

As noted in a release, Uplinq is “the first, global credit assessment platform of its kind.”

The company’s solution has “been built specifically for small business lenders.”

The company’s platform “allows lenders to gain insights on all SMBs in their portfolio, while empowering them to better support the underserved, unbanked, minority and immigrant small business owner.”

As mentioned in the update, the Ranqx Digital Lending Platform is “a complete origination, decisioning and monitoring service for lenders of all sizes that are servicing the small business market.”

They focus on “delivering the best customer application experience possible.”

They “support you, the lender, as you seek to digitally transition your organization with all the speed, revenue growth and cost saving benefits that it delivers.”

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