Lendio · 2022–2026
Moving a lending platform from manual batches to real time
- Problem
- Only 24% of lender offers were submitted by API. The rest moved through manual, batch-style steps and email, slowing time-to-fund for small businesses waiting on capital. The target: cut time-to-fund 20% year over year.
- The call
- Treat documents and requirements as a platform every team could build on, and push lenders toward API-based submission instead of email and spreadsheets.
- Result
- Automated offer submission rose from 24% to 55% in nine months. Time-to-fund fell 22.7% year over year against a 20% goal, the first fully met KPI in that initiative.