fundivi publishes small-business underwriting criteria and self-serve tools

fundivi has 공개? Wait must be plain English. fundivi published the specific underwriting thresholds behind its small-business financing process as lenders face growing pressure for more transparency. The Brooklyn-based lender also launched three free tools that let businesses check fit, compare funding options, and convert factor-rate pricing into an annualized rate without a credit pull.

Why it matters: - Small business lending often leaves owners waiting days or weeks for a decision with little visibility into what drove approval or rejection. - fundivi’s move gives applicants a clearer view of where they stand before submitting a full application. - The approach reflects a broader push in financial services for more upfront pricing and qualification transparency.

What happened: - fundivi, a direct lender and hybrid funding platform, published the criteria used in its small business underwriting process. - The Brooklyn-based company said the thresholds are now available publicly. - fundivi also made three free tools available on its website: a self-underwriting engine, a funding product matcher, and a cost calculator.

The details: - The self-underwriting engine evaluates seven factors, including revenue, cash flow, and time in business. - The engine uses disclosed thresholds and does not require a credit pull. - The product matcher asks a short series of questions and identifies which of fundivi’s nine funding products may fit a business’s needs. - The cost calculator converts factor-rate financing offers into an annualized percentage rate for comparison. - The tools do not require a credit inquiry. - fundivi said information entered into the tools is not stored or transmitted. - The tools are meant to be informational and preliminary, not a replacement for full underwriting. - fundivi said a full review may include additional factors not shown in the public tools. - fundivi operates with a direct-funding model and a network of lending partners. - Applications can be funded directly by fundivi or routed to a partner lender, depending on fit. - The company said the structure is intended to reduce the number of separate applications a business owner may need to submit. - fundivi said the team has operated for more than seven years. - The company said it has funded more than 3,000 businesses and has more than $1 billion in funding capacity. - fundivi’s product set includes working capital, business lines of credit, term loans, equipment financing, and other loan products. - The company said it has been recognized by Business Loans IQ, an independent review platform that rates business lenders.

Between the lines: - Small business lenders have historically treated underwriting rules as internal information. - Publishing thresholds and offering self-service tools can reduce the information gap between lenders and applicants. - The cost calculator also addresses a common pain point in alternative lending, where factor-rate pricing can be hard to compare against traditional loans. - The real test will be whether the published estimates match final underwriting decisions consistently. - If they do, tools like these could become more common across the sector.

What's next: - fundivi’s underwriting engine, product matcher, and cost calculator are available on the company’s website at fundivi.com. - Industry adoption will likely depend on how closely initial estimates line up with final loan decisions over time. - Business owners and analysts will be watching whether the model becomes a standard feature or stays limited to a smaller group of lenders.

The bottom line: - fundivi is betting that transparency can be a competitive advantage in small business lending.