Technology for Small Business Lenders
Changing the way financial institutions lend to businesses.

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Without Validis

Export

Manual labor intensive and time consuming request for information process for commercial lenders and their business clients.

Format

Manual formatting of financial data in varying forms detract from higher value work and risks data quality.

Compile

Manual creation of financial reports drives resource inefficiency.

With Validis

Share

At the touch of a button, Validis connects directly to the borrower’s accounting application and enables secure sharing of their full transactional history.

Standardize

Validis interrogates the data for accuracy and transforms it into a consistent format that can be downloaded into Excel or ported into existing systems.

Analyze

In just minutes, lenders gain access to a complete view of the borrower’s liquidity history and collections for easy analysis.

Better Data, Better Insights

SMB clients represent a huge market for financial institutions.  To be able to serve this market, financial institutions must be able to meet the unique demands of this group.  This is no easy task, however, because financial institutions are under pressure to reduce costs without reducing service.  Validis enables lenders to decrease their cost to serve by obtaining data in both the initial underwriting process and in ongoing credit monitoring which reduces manual processes.  Our technology improves decision quality by providing access to current, reliable, detailed information.  Validis also helps lenders be more competitive by allowing for quicker decisions and an improved customer journey experience.  Lenders can use our technology in a broad spectrum of lending products such as risk, finance, and compliance.

Validis provides a business borrower’s complete financial details from their accounting application in minutes. Our cloud-based technology requires no configuration by lenders or preparation by the borrower.  Regardless of the borrower’s accounting application, lenders receive the financial data in a consistent format.  The data can be integrated into existing spreading and portfolio management systems or downloaded into Excel for analysis.  Arm your staff with true insights about a borrower’s financial health by accessing their current and accurate financial data.   Our technology provides efficiency benefits not only to a financial institution’s SMB customers, but also to the banks themselves.

Better data, faster, means better decisions faster, too.  Hear Steve Brennan, Senior VP of Lending Technology at Validis, discuss why SMB lenders need straight through data here.

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Standardized Financial Reports

End User Reconciliations Report
Aged Receivables Report
Balance Sheet Report
Receivables Movement Report
Financial Covenants Report
Income Statement Report
Sales Invoice Report
Aged Payables Report
Payables Movement Report
Full Audit Preparation Pack
Trial Balance Report
Monthly Management Accounts

The Data Journey

1. Account Activation
Both the lender and loan applicant sign up via a simple web portal.

2. Client Verification
The borrower authorizes data access and the automated transmission begins.

3. Account Management
Submission of standardized monthly accounts.

4. Covenant Monitoring
Real time performance monitoring and breakdown notification.

5. Financial Data Feeds
Transmission of complete ledger data.

6. Online Access Anytime
Cloud-based means you have access to up-to-date financial data.

The Benefits

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Speed

Accurate financial data from the loan applicant’s SMB accounting software to your screen in minutes, improving the borrower’s experience and saving you time.

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Savings

Reduced risk and increased efficiency result in significant time and cost savings for you and your business clients.

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Simplicity

With just a few clicks of the mouse, you have access to real time data providing an up-to-date, transparent view of the financials.

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Standardization

Regardless of the SMB accounting application, Validis produces standardized reports saving you time spent on manual formatting.

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Security

ISO 27001 certified
SOC 2 certified
HTTPS, SSL
AES 256 BIT encryption

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Sophistication

Unique, patented algorithms analyze and interrogate the data ensuring data quality is intact.

Introducing DataShare for Lenders