Company Name: LenderAI

Details: LenderAI is a product from iBusiness Funding. Essentially LenderAI is a product lenders (like banks and credit unions) can use to more easily offer SBA loans to their clients. An SBA Loan is a small business loan (usually ranging from $25k- $5M) that a small business can use to hire employees, buy a new location, start a business with, etc. The process of providing a loan like this is historically VERY complicated and time/resource consuming for a lender. LenderAI streamlines the process greatly. In short, LenderAI is technology that takes a very manual, resource intensive process and makes it much faster/cheaper/easier for all parties involved.

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