Integrate Heron directly to your customers bank accounts with an open banking solution. Go from bank transactions to meaningful data and actionable insights for each of your loan applicants in minutes
Lend with confidence
Our cash-based P&L solution highlights unreconciled bank transfers indicating that you do not have a full view of all of your loan applicant’s accounts. We can also help to identify other undisclosed loans and indicators of mismanaged finances
Increase funding amounts
We summarize deposits, withdrawals and balances by month in addition to highlighting any existing debt obligations including loans from other lenders. This enables you to get a better understanding of your loan applicants cash position and their overall affordability
Decrease chargeoffs and losses
Use Heron’s predictive features to get a better understanding of how your loan will perform in the next 30-, 60-, or 90-days including indicators of and likelihood of default
See how each of our products can help you achieve your lending goals!
Our features work together seamlessly allowing you to go from ingesting PDF bank statements to bank statement summary and ultimately, a lending decision
Bank Statement Summaries
Get a clear picture instantaneously of the cashflows of your loan applicants – we summarize deposits, withdrawals and balances by month in addition to highlighting any existing debt obligations including loans from other Merchant Cash Advance providers
Turn bank transaction data into a monthly, cash-based profit and loss statement to get an understanding of how revenue and costs are moving for your loan applicant
We use our wealth of loan applicant data and loan outcomes to predict the likelihood of certain company events like incurring an NSF fee
We use our wealth of loan applicant data and loan outcomes to predict the likelihood of loan repayment and loan default
Want to get started with Heron?
Book a call today to trial our product and see how we can improve your underwriting speed, increase your lending amounts, and improve your loan outcomes!