Intake is where everything starts, and it’s often where things slow down.
Business applications come in fast, often with mixed document formats and details that don’t always match. Even one unclear file can slow down the entire review.
For MCA funders, brokers, and insurance teams, this is a daily reality.
When business information looks incomplete or inconsistent, teams spend time chasing answers instead of moving files forward. That pressure adds up, especially when volumes rise.
Know Your Business (KYB) solutions help teams handle business verification early in the process by confirming that businesses applying for funding are real, active, and match what’s on the application.
This happens before underwriting begins, so later reviews start from a cleaner place.
In this guide, we’ll explore the top five KYB solutions available.
TL;DR
These are the best KYB solutions for business verification in 2026:
- Heron
- CleverChain
- Moody’s
- ComplyAdvantage
- Persona
What Are KYB Solutions?
KYB solutions help teams confirm that a business is real before moving forward with funding or coverage.
They support business verification during onboarding by checking company details, ownership, and basic risk signals early in the KYB process.
These checks help teams meet core KYB requirements, such as verifying business registration, entity status, ownership information, and flagging a potentially fraudulent document early.
Unlike Know Your Customer (KYC) checks, which focus on individuals, KYB verification looks at business entities.
This can include business registration details, high-level ownership structure, and whether ultimate beneficial owners raise concerns. The goal is to catch issues early, before files move deeper into review.
Many financial institutions use KYB solutions to reduce reliance on manual processes and cut down on human error. They help teams mitigate risks, support KYB compliance, and reduce fraud without slowing reviews.
Where KYB Solutions Fit in the Loan Review and Business Onboarding Process
KYB solutions sit early in the loan review and business onboarding process. They come into play as soon as a business application enters intake, before underwriting or pricing decisions begin.
At this stage, teams confirm key business details and flag issues while files are still easy to fix.
That early step provides teams with instant access to cleaner applications, rather than pushing problems downstream.
When KYB runs upfront, underwriters spend less time questioning basic company information and more time reviewing cash flow, credit, and deal structure.
Fewer surprises show up later, and handoffs between teams feel smoother.
Placing KYB at the start reduces rework, shortens review cycles, and helps teams keep onboarding moving without adding extra steps or slowing the day down.
See how Heron supports early KYB scrubbing before underwriting begins. Book a demo.
Top 5 KYB Solutions for Business Verification in 2026
KYB solutions vary in scope. Some focus on cleaning applications at intake, while others specialize in risk screening, global entity data, or ongoing monitoring.
Below are the top five KYB tools funding and insurance teams use today, each supporting a different part of the business verification process.
1. Heron
Heron handles KYB at the point where most delays start: intake. It helps MCA funders, brokers, and insurance teams verify businesses applying for loans as soon as applications arrive.
Instead of treating KYB as a separate compliance step, Heron runs checks while files are being scrubbed and organized.
Teams can confirm a business exists, matches the application, and shows no obvious red flags before underwriting even begins.
Customers using Heron have cut intake and review time by up to 90%, freeing teams to focus on real credit decisions instead of fixing paperwork.
Key features
- KYB scrubbing at intake - Confirms business registration, entity status, and core details while applications are first reviewed.
- Secretary of State (SOS) checks - Pulls official business data to verify that companies are active and registered as stated.
- Web presence analysis - Adds context by reviewing a business’s online footprint to flag unusual signals early.
- Instant court research - Surfaces recent legal activity tied to a business before files move deeper into review.
- Built into existing workflows - Pushes clean, structured business data directly into your system of record without extra tools.
2. CleverChain
CleverChain supports business verification by helping teams understand who controls a business and how risk shows up across connected entities.
It’s designed for KYB reviews where ownership structures are complex and where risk needs to be assessed beyond surface-level company details.
Teams use CleverChain’s KYB Intelligence Hub to map corporate networks, identify ultimate beneficial owners, and generate due diligence reports that support onboarding decisions for business customers.
Its focus is on risk visibility and context rather than intake scrubbing, which makes it useful during deeper KYB and review stages.
Key features
- KYB intelligence hub - Centralizes risk insights across businesses and related entities
- Global UBO identification - Identifies who ultimately controls a business
- Corporate network mapping - Shows business relationships between companies and owners
- Anti-money laundering (AML) screening- Checks sanctions lists, PEPs, and adverse media in real time
- Due diligence reporting - Produces structured reports for KYB and risk reviews
3. Moody’s
Moody’s is commonly used by funding and insurance teams to review business risk profiles using data pulled from official records and trusted third-party sources.
Teams use it to understand corporate structures, assess risk factors, and meet regulatory requirements during customer onboarding.
The platform helps compliance teams review high-risk businesses with a comprehensive approach, reduce manual intervention, and support ongoing risk management across more businesses.
Key features
- UBO and ownership insight - Provides visibility into complex business ownership
- Sanctions and AML checks - Screens against sanctions lists and AML compliance rules
- Adverse media monitoring - Flags potential financial crime and reputational risks
- PEP identification - Highlights links to politically exposed persons
- API integration - Connects KYB data to existing business operations and workflows
4. ComplyAdvantage
ComplyAdvantage supports teams that need to monitor businesses applying for loans against financial crime risks during onboarding and beyond.
It’s often used after intake to help compliance teams meet compliance requirements and reduce reputational damage by identifying high-risk entities linked to sanctions or negative news.
The platform focuses on ongoing screening and monitoring rather than replacing intake workflows, which makes it useful for teams managing other businesses across complex markets or supply chains.
Key features
- AML and sanctions screening - Reviews businesses against global watchlists
- Adverse media coverage - Surfaces negative news linked to risk exposure
- Enhanced due diligence support - Adds depth for higher-risk industries
- Risk screening and monitoring alerts - Flags watchlist, PEP, and media matches
- Reduced manual tasks - Automates checks that often require manual verification
5. Persona
Persona supports teams that need flexible KYB capabilities when businesses apply for loans.
It combines business registry checks with identity verification to help teams confirm who owns or controls a company during customer onboarding.
The platform is often used by teams that want a configurable verification setup that adapts to different risk levels, business types, and review paths.
For funding teams handling more businesses, Persona helps accelerate business onboarding by standardizing how checks run across financial workflows.
Key features
- Configurable KYB and KYC flows - Adjust checks based on business risk and use case
- Business registration verification - Confirms core entity details early in intake
- Ownership and identity checks - Links businesses to key individuals and controllers
- Fraud and risk signals - Flags suspicious patterns during onboarding
- Case management and reporting - Supports reviews, decisions, and audit trails
Start Reviews With Cleaner KYB Data Using Heron
KYB matters more than many teams realize. When business verification happens late or gets handled in pieces, small gaps turn into delays, follow-ups, and missed momentum.
For MCA funders, brokers, and insurance teams working at volume, those delays add up fast.
The right KYB solution depends on where your process slows down. Some tools focus on ongoing risk monitoring or deeper screening. Others help with global data or compliance reviews. But if your biggest challenge starts at intake, early clarity matters most.
Heron stands out by handling KYB, where work already begins. Business checks run as applications arrive, not as a separate step later.
Teams start reviews with cleaner files, fewer questions, and more confidence before underwriting even starts.
FAQs About KYB Solutions
What does KYB stand for?
KYB stands for Know Your Business. It refers to the process funders use to verify businesses applying for loans, not individuals. KYB checks confirm that a company exists, operates as stated, and does not pose any potential risks before funding or coverage decisions are made.
What is a KYC solution?
A KYC solution, or Know Your Customer, verifies individuals through identity verification.
While KYC looks at personal identity, KYB reviews company details, ownership, and risk signals tied to relevant regulations, industry standards, and funding requirements.
What is the best identity verification service?
The best identity verification service depends on your workflow and volume. For business lending and insurance intake, teams need fast ID checks that flag tampered documents, match details to the application, and fit into existing underwriting workflows.
If intake is the bigger issue, Heron helps earlier by scrubbing submissions and sending clean business data into your system, so teams spend less time fixing files and more time reviewing deals.
Why is KYB important when working with a new business partner?
KYB helps teams understand who they’re working with before approving funding. Verifying a new business partner early reduces the risk of fraud, improves record-keeping, and avoids delays caused by missing or inconsistent information.
