Heron Data: Company Reports
Underwrite an SMB in one minute with three bank statements
# Investing AssistantWhat is Heron Data: Company Reports?
Calculate 120+ spreads in under a minute with just three months of bank statements or a Plaid connection. Stop spreading manually and improve time-per-file from ~15 minutes to 1 minute with Heron Data.
Problem
Manually underwriting small and medium-sized businesses (SMBs) is time-consuming, often taking about 15 minutes per file due to the need to calculate 120+ spreads, which slows down the decision-making process.
Solution
Heron Data offers a tool that automates the underwriting process for SMBs, allowing users to calculate 120+ spreads in under a minute by using just three months of bank statements or a Plaid connection.
Customers
Financial institutions, lenders, and underwriters focusing on small and medium-sized business clients.
Unique Features
Rapid calculation of 120+ spreads in under a minute from just three months of bank statements or a Plaid connection.
User Comments
Unfortunately, there are no specific user comments available at the time of this analysis.
Traction
Specific traction details such as number of users, MRR, or recent financing rounds are not provided at the time of this analysis.
Market Size
The market size for SMB lending is substantial, with the global business loan market anticipated to reach $1.2 trillion by 2028.
