Validis announces it has made significant technological enhancements to its award-winning platform, DataShare, in order to help lenders meet obligations of the Coronavirus Business Interruption Loan Scheme (CBILS). Under the new guidance SMEs must prepare detailed financial reports and complete a CBILS applications form in order to apply for a loan worth up to £5m
Scale your ability to handle lending applications
The economic stability of the World has been shaken. SMEs, the bedrock of global industry are struggling. We all have a part to play to help them survive, recover and prosper.
Validis automates the collection of accounting data from your loan applicants and turns it into clear, crisp and consistent reports so you can make better decisions. We offer this 100% digitally without the need for lengthy API integration development – through our white-labelled client portal.
"Integrating the Validis solution supports our digital agenda and increases the service we can provide to our customers with rapid decisioning and deeper insights."
Jonathan Holman - Director of Transformation, Santander UK
During lockdown, we joined an esteemed panel to chat all things COVID-19 and SME Lending. With our strategic partners nCino and PWC we discussed the unique challenges faced by SMEs and their lenders during the virus outbreak and the immediate things they can be thinking about in order to gain some much needed respite. Have
How we are helping Lenders during COVID-19
How DataShare works
DataShare enables small and medium enterprises to share their full financial data history directly from their accounting package rapidly with their lender. The data is standardized and visualized for instant understanding, speeding up credit reviews and time to decision for applicants.