Case Study: Finance Company achieves higher small-business loan approvals with LexisNexis Risk Solutions

Finance Company Leverages New Scoring Solution to Approve More Small Business Loans

A specialty finance company that provides loans to medical professionals needed to improve small-business underwriting where traditional credit information was often thin or unavailable. As it redeveloped its credit models, the lender sought new, more predictive data sources to fill gaps and better assess borrower risk.

They tested the LexisNexis Small Business Blended Credit Score with Attributes, which outperformed other sources and was validated on a second test file, giving the lender confidence in its predictive power. By leveraging LexisNexis’s public-record and owner-level data (liens, judgments, Secretary of State standing, property ownership and related attributes), the solution enabled faster, more accurate risk decisions and increased loan approvals.