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Volition
Sep 14, 2018
Larry Cheng
Larry Cheng is a Co-Founder and Managing Partner at Volition Capital.

Moody’s Analytics Partners with Cortera on Small Business Solution

SAN FRANCISCO–(BUSINESS WIRE)–Sep 13, 2018–Moody’s Analytics, a global provider of financial intelligence, is pleased to announce a new partnership with Cortera, a leading provider of commercial information and analytics. Cortera’s trade credit data – covering more than $1.3 trillion in annual B2B credit transactions – will be available through the Moody’s Analytics small business lending solution.

“We’re excited to partner with Cortera,” said John Baer, Managing Director-Head of Small Business Lending at Moody’s Analytics. “Lenders need to know more about the creditworthiness of private companies, quickly. Bringing Cortera’s trade credit data into our small business lending solution will deepen our clients’ analysis and help them make better – and faster – credit decisions.”

Cortera’s trade credit information will be integrated into the Moody’s Analytics RiskCalc™ Small Business tool, part of the small business lending solution. The tool gives lenders a fast and highly predictive way to score a small business, which translates into more profitable decisions and increased loan volume.

The analytics supplied by Cortera add a powerful dimension by pre-populating data that enhances the accuracy of the small business score, helping lenders gauge the creditworthiness of businesses that have traditionally been hard to assess.

“Lenders’ ability to assess the credit risk of small private companies can be challenging with traditional sources,” said Jim Swift, CEO of Cortera. “Incorporating our trade credit data will enhance the Moody’s Analytics solution by offering its clients a wealth of insight into these businesses.”

The Moody’s Analytics small business lending solution includes the MARQ™ Portal, which streamlines the credit management process by allowing lenders to automate manual processes at every step – from customer onboarding to portfolio monitoring – and to understand business borrowers’ credit position instantly. The MARQ Portal is integrated with our CreditLens™ and Lending Cloud origination solutions, cloud-based platforms that help financial institutions make better and faster lending decisions.

To learn more from our small business lending experts, and to learn about our other award-winning solutions, please join us at our upcoming events: the Commercial & Ag Lending Conference, September 24-26 in Omaha, Nebraska; and the Moody’s Analytics Summit, November 4-6 in Phoenix, Arizona.

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