Lendwell - SME Loan Origination from Application to Funded

Dashboard, pipeline board and table, application detail, underwriting queue and credit workbench, running on local state from submission to decision.

Months trading, DSCR with a +3% stress test, loan to turnover, bureau score, CCJs, returned direct debits and excluded SIC codes, each shown as value against threshold with pass, refer or fail.

An underwriter decides alone up to £150k. Above it, the decision button becomes Refer to senior or Send to committee.

29 UK businesses across limited companies, an LLP, a sole trader and a partnership, 5 brokers, 3 versioned products and a risk pricing grid for grades A to E.

Evidence Scattered Across Tools

Companies House data, bank statements, bureau reports and identity checks all arrived separately. Underwriters re-keyed the same details and had no single record of what they had seen.

Decisions Bound by Mandates

Every person can approve only up to their own limit. Larger deals go to a senior underwriter or a credit committee vote, and the record must show who decided, their mandate, the data they saw and their reasons.

Regulated and Unregulated Deals in One Book

Lending to limited companies is generally outside consumer credit regulation, but lending of £25,000 or less to sole traders and small partnerships is regulated under the Consumer Credit Act. Those deals must be spotted and routed to the regulated journey.

AML, Sanctions and Personal Data

The business and its persons with significant control must be verified and screened for PEPs under the Money Laundering Regulations 2017 and against sanctions under the UK regime (OFSI). Directors' and guarantors' data falls under UK GDPR, so bureau searches need a lawful basis and a privacy notice.