Heron Data's asset
Heron Data

@herondata.io

Heron Data helps lenders underwrite small businesses by categorizing bank transactions with ML, enabling better and faster lending decisions.

📢

Find anything inaccurate?

If you spot any mistakes on this brand profile, report to us.

Banner

Brand Logos

View all
Heron Data's logos

Logo

PNG

About

Description

Heron Data is a leading brand that assists lenders in making faster and more accurate underwriting decisions for small businesses. By utilizing machine learning technology, Heron Data categorizes bank transactions, enabling lenders to make better lending decisions quickly. Heron Data offers a wide range of products and services to support small business underwriting.


For lenders in need of short-term financing options, Heron Data provides solutions such as Merchant Cash Advance, Lines of Credit, Revenue Based Financing, and Business Credit Cards. Additionally, they offer services like Embedded Finance and Traditional Term Loans, providing a fully automated underwriting process and long-term credit solutions. To facilitate the underwriting process, Heron Data offers various products and features.


These include parsing PDF bank statements with high accuracy, creating a comprehensive summary of a company’s financial transactions, predicting company events and loan outcomes, and integrating with Plaid for a continuous live stream of transaction data. Countless businesses have benefited from partnering with Heron Data. According to satisfied clients, such as ClearCo, Torpago, Outfund, and Juni, Heron Data has revolutionized their underwriting processes, significantly reducing turnaround times, improving cash coverage ratios, and simplifying decision-making.


With Heron Data, lenders can underwrite small businesses faster, more confidently, and with greater ease. Their advanced technology and comprehensive services make them an invaluable partner for lenders seeking efficient and accurate underwriting solutions

Read more...

Company Type

Privately Held

Company Size

2-10

Year Founded

2020

Brand collections

View all

Logos

Colors

Fonts

Images