Back to Blog

Lighter Capital Unveils Loan Analysis and Monitoring Program

This post is part of our live coverage of FinovateFall 2013.

LighterCapitalLogo1.jpg

Then, Lighter Capital took the stage to demo its unique lending platform for small businesses:
“Lighter Capital has developed the first small business lending platform to integrate CRM data and predict a borrower’s future performance. In addition to automatic integration of accounting and banking data, which provides “rearview mirror” information, Lighter Capital is the first company to seamlessly integrate CRM data to forecast the future performance of small businesses, providing lenders a “windshield” perspective on borrowers. 
By crunching key sales, opportunity and customer data, Lighter Capital’s technology improves underwriting and borrower monitoring, predicting financial instability months before it shows up in financial statements.”
Product Launch: September 2013
Metrics: $6M raised to date, 10 employees, 30 loans issued, average investment $200,000
Product distribution strategy: Direct to Business (B2B), through financial institutions, & licensed
HQ: Seattle, WA
Founded: June 2010
Twitter: @lightercapital

Presenting BJ Lackland (CEO) and Molly Otter (CIO)

IMG_2915.JPG
IMG_2917.JPG
The full demo video will be available at finovate.com in mid-September.