Lendesca provides a modern SBA lending platform that speeds up loan approval for banks and business owners, moving applications from submission to funding in weeks instead of months. The service uses OCR and AI-driven document intelligence to automatically extract financial data, organize underwriting‑ready files, and streamline the entire loan workflow. It supports a range of loan purposes, from expansion to real‑estate purchases, and has facilitated over $18 billion in SBA loans.
Funding
Funding not disclosed
Founders
Product
Problem
Small business owners seeking SBA loans often face lengthy, paper‑heavy processes that require multiple document exchanges and manual data entry, leading to funding delays of weeks or months.
Solution
Lendesca provides banks with an end‑to‑end digital SBA lending platform that compresses the application‑to‑funding timeline to a few weeks. Borrowers upload tax returns, financial statements, and bank statements to a secure portal, where OCR and AI-driven document intelligence automatically extract key financial metrics. An agentic AI then assembles these data into structured financial spreads and a complete underwriting‑ready loan file. SBA specialists review the pre‑structured data to select the appropriate loan program and finalize financing. The streamlined workflow reduces manual review, minimizes back‑and‑forth communication, and accelerates approval and funding.
Target Audience
Primary customers are community banks and regional lenders that originate SBA loans for small and rural businesses seeking expansion, real‑estate acquisition, or growth financing.
Features
- Secure borrower portal for direct upload of tax returns, statements, and bank records
- OCR and AI-powered document intelligence that auto‑extracts financial metrics from uploaded files
- Agentic AI that organizes extracted data into underwriting‑ready financial spreads and loan packages within 1–2 days
- Integrated workflow that aligns banks’ SBA specialists with structured data for faster program selection and underwriting
- Real‑time status tracking that compares traditional 1–2‑week timelines to Lendesca’s accelerated process