Lendio and 75+ lender partners streamline underwriting with Ocrolus’ Cash Flow Analytics
Small Business Lending | Analyze
Lendio is a leading small business lending marketplace connecting entrepreneurs to capital through direct acquisition and embedded finance channels. Over the past decade, Lendio has facilitated over 400,000 loans and $16 billion in small business funding. With a network of more than 75 lender partners relying on accurate financial insights, Lendio needed a more efficient way to evaluate business health at scale.
By partnering with Ocrolus, an AI-powered data and analytics platform, Lendio eliminated manual reviews and elevated cash flow analysis into a consistent underwriting advantage.
Challenge
Lendio and its partner lenders were reviewing static transaction data from PDFs of bank statements, slowing down underwriting and making it challenging to evaluate borrower financial health consistently at scale.
Solution
Lendio integrated Ocrolus to automate cash flow analysis, transforming raw bank statement transaction data into dynamic, actionable insights that allow lenders to make faster, more informed credit decisions.
Result
Lendio and its 75+ lending partners receive consistent data and insights that cut manual review, accelerate decision-making and increase loan funding.
Challenge
Before Ocrolus, Lendio passed along static PDFs of bank statements to lenders without any structured analysis. Underwriters were left to manually comb through raw transaction data—slowing down decision-making and making it difficult to deliver consistent, data-driven insights to Lendio’s diverse group of lending partners.
"We missed the opportunity until we used Ocrolus to deeply analyze data and provide dynamic data rather than just PDF data onward to our lenders to facilitate efficiency in their own underwriting processes," explained Philip Taliaferro, Chief Growth Officer at Lendio.
This manual review process was a bottleneck. It limited scalability, increased the workload on credit teams and slowed down the entire lending process, making it difficult for Lendio to meet the growing demands of both borrowers and lending partners.
Solution
To modernize and scale their underwriting with AI, Lendio integrated Ocrolus to analyze bank transaction data and deliver structured cash flow insights. Instead of passing along static PDFs, Lendio uses Ocrolus to extract and normalize data, transforming raw transactions into dynamic, decision-ready analytics that lenders can use directly in their workflows.
These AI-powered insights are essential across Lendio’s wide range of loan products—from small-dollar working capital to revenue-based financing and larger bank loans—where understanding the financial health of a business is key. By embedding Ocrolus’ AI-powered analytics into its platform, Lendio enables its lending partners to quickly assess trends like inflows, outflows, average balances and seasonality.
But success wasn’t just about technology—it was about adoption. Lendio took a proactive role in driving usage across its 75+ lender partners, offering enablement support and clear guidance to ensure that each lender could embed Ocrolus analytics seamlessly into their workflows.
To make that happen, Lendio worked closely with its lender partners, offering guidance, structured data and collaborative support to drive the adoption of Ocrolus cash flow analytics across the entire marketplace. Taliaferro explained, "We’ve pushed all of our lenders to work with us to drive adoption of the analytics and the data that we produce in partnership with Ocrolus."
This hands-on approach ensured that the technology rollout translated into measurable workflow improvements and created a unified, analytics-forward underwriting experience across the entire marketplace.
Result
With Ocrolus embedded in its platform, Lendio has delivered a more streamlined and scalable lending process for its internal teams and lending partners. Today, those partners actively use Ocrolus’ AI-powered insights in their underwriting workflows, enabling faster, more consistent credit decisions and reducing the operational burden on underwriting teams.
Underwriters now spend less time manually reviewing documents and more time making confident lending decisions based on structured, actionable data. By ensuring widespread adoption across its lending network, Lendio has created a standardized, analytics-driven approach to evaluating borrower health.
Taliaferro described the impact as "a really important part of the efficiency that they’re driving—to cut down on human intervention and review of documents in the process, reduce manual calculations and develop analytics that improve future underwriting decisions based on performance data."
These benefits include:
- Platform-wide adoption of Ocrolus analytics across 75+ lending partners
- Reduced human intervention and manual document review
- Fewer manual calculations for underwriting teams
- Stronger analytics to support more informed future lending decisions
The improvements have helped Lendio accelerate loan processing and deliver a consistent, data-driven experience across its growing network of engaged, analytics-enabled lending partners.
Why Lendio recommends Ocrolus
For Lendio, Ocrolus is more than a technology provider—it’s a long-term AI partner in scaling smarter lending. The two companies have collaborated closely to evolve analytics capabilities and deliver consistent value to lenders across the marketplace. Taliaferro emphasized that the relationship is rooted in shared innovation: Lendio and Ocrolus have “done a great job of co-developing product,” making it easy for lenders to adopt more sophisticated credit decisioning tools without increasing operational overhead.
Using Ocrolus’ Cash Flow Analytics reduces manual calculations and develops analytics that improve future underwriting decisions.”