Artificial intelligence (AI) is transforming SME lending, powering smarter, faster, and more accessible business loans. Platforms like Abound use AI to analyse vast data sets, assess credit risk, and personalise loan offers with unprecedented speed.
Traditional lending often relies on historical credit data, which can disadvantage growing or newer businesses. AI integrates real-time financial data, market conditions, and even behavioural analytics to deliver more accurate credit assessments.
AI-powered lending marks a major shift, democratizing access to capital and fuelling business innovation. Contact us to find out more.