Charm Solutions is an AI-driven platform that empowers financial institutions to make faster, data-backed lending decisions for small and medium-sized businesses (SMBs).
About Charm Solutions
Charm Solutions is transforming SMB lending by providing financial institutions with AI-powered tools to assess creditworthiness, optimize underwriting, and monitor loan portfolios. Their platform, CHARM, integrates seamlessly into existing financial applications through customizable widgets and APIs, offering real-time scoring models and actionable insights. A key feature is the proprietary SMBScore™, built from decades of global SMB accounting data, which aids in evaluating loan risk and identifying growth opportunities. Additionally, CHARM continuously tracks borrower behavior to predict default probabilities and highlight trends for strategic decision-making. Through partnerships with firms like Abrigo, Charm Solutions enhances the efficiency and profitability of SMB lending processes.
Product & Services Summary:
AI-Powered Lending Platform: Offers real-time scoring models and analytics to streamline SMB loan decision-making.
SMBScore™: A proprietary credit scoring system derived from extensive global SMB financial data.
Underwriting Optimization: Enhances underwriting accuracy using AI-driven insights from diverse data sets.
Portfolio Monitoring: Continuously tracks borrower behavior to assess default probabilities and identify trends.
Opportunity Insights: Analyzes deposit portfolios to identify qualifying SMBs for new financial product offers.
Integration Capabilities: Provides robust API services and widget-based technology for seamless integration into existing financial applications.
Partnerships: Collaborates with financial institutions like Abrigo to enhance SMB lending processes.
Global Data Utilization: Leverages decades of SMB accounting data from over six countries to inform lending decisions.
Compliance Support: Assists in satisfying internal compliance reviews through data-driven insights.
Risk Assessment Tools: Enables benchmarking and risk assessment against national standards and overall bank portfolios.
Third-Party Monetization: Facilitates monetization of deposit bases through third-party lenders.
For more information or to schedule a demo, visit charmsolutions.ai.
Contact @ Charm Solutions
John Donovan, CEO | Email: john.donovan@charmsolutions.ai
