National provider recognized for excellence in supporting over 10,000 small businesses with fast and flexible financing
PARSIPPANY, NJ, January 12, 2022–(BUSINESS WIRE)–Arise from, a global leader in AI-based risk management software, today congratulated its client Reliable financing for being recognized as a finalist for the LendIT Fintech Industry Awards 2021.
The fifth year Fintech Industry LendIT Award honoring the world’s leading influencers and innovators in 14 unique categories. Reliant Funding was named a finalist in the “Top Small Business Lending Platform” category, which rewards organizations based on a combination of lending performance, volume, growth, product diversity and innovation.
The winners will be announced at an awards ceremony and dinner on February 8, during the Dealmakers Summit taking place during the LendIt Fintech Nexus event at the Lowes Miami Beach Hotel in Miami.
Reliant Funding provides tailored short-term financing to small businesses nationwide through its Merchant Cash Advance (MCA) offering which is based on a business’ cash flow. Since 2008, more than 10,000 businesses have trusted Reliant to provide fast, flexible financing to fuel their success.
Over the past year, Reliant has transformed its funding process into a more robust online experience allowing small businesses to apply, receive personalized offers and receive funding in their account within hours. As a result, Reliant has seen an increase in applicants and funding.
“We are honored to be named finalists for the prestigious LendIT Fintech Industry Awards, which is a testament to the hard work and dedication of our employees,” said Steven Kietz, Chief Executive Officer of Reliant Funding. “We are proud to employ cutting-edge technology, such as through our partnership with Provenir, to help meet our clients’ small business lending needs to help them grow and achieve their business goals. .”
“Reliant Funding continues to set the industry standard for how quickly a small business can apply for a working capital loan to have funding available within hours,” said Kathy Stares, executive vice president, Americas. from the North, Originate. “We congratulate Reliant Funding on being named a finalist in the LendIT Fintech Industry Awards and look forward to continuing to support the company by providing the technology to quickly assess credit risk and deter fraud to better serve its customers. clients.”
Provenir’s AI-powered decision-making software is the industry’s first true risk-based decision-making ecosystem. It provides a real-time, comprehensive view of unified decision performance, third-party and historical data, as well as advanced analytics built-in through AI models. With a unified digital experience, users can create the platform-as-a-service (PaaS) cloud solution that best suits their business needs.
Proven helps fintechs, financial institutions, and payment providers make smarter decisions faster by simplifying the risk decision-making process. Its no-code, cloud-native SaaS products form a risk decision engine for real-time approvals and facilitate the rapid creation of sophisticated decision-making workflows. With a global data marketplace for seamless integration, powerful AI and machine learning models, and real-time insights, Provenir has accelerated the speed of decision-making. Provenir works with disruptive financial services organizations in over 40 countries and processes over 2 billion transactions annually.
About Reliant Financing
Reliant Funding provides customized short-term financing to small and medium-sized businesses nationwide. Since 2008, Reliant has helped more than 10,000 small businesses nationwide and funded nearly $2 billion and more. For more information, please visit https://www.reliantfunding.com/.
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