Mercati provides a SaaS platform that uses AI agents to automatically collect and analyze financial data from sources like QuickBooks and bank accounts for community banks' Commercial & Industrial loan underwriting. The solution integrates with core banking systems to deliver real‑time credit assessments and loan monitoring, enabling credit teams to process SMB loan applications up to ten times faster while maintaining risk accuracy.
Funding
Funding not disclosed
Founders
Product
Problem
Community banks often struggle to underwrite small‑business loans quickly and accurately because manual financial analysis of borrowers’ data from accounting systems and bank accounts is time‑consuming and prone to error. This slows loan approvals, limits the banks’ ability to serve local SMBs, and increases operational costs.
Solution
Mercati offers a SaaS platform that deploys AI‑driven agents to automate the collection and analysis of business financials and operational data for Commercial & Industrial loan underwriting. The system connects directly to sources such as QuickBooks and bank account feeds, extracting relevant metrics and generating credit assessments without manual data entry. By integrating with a bank’s core lending system, the platform delivers real‑time underwriting insights, enabling credit teams to process applications up to ten times faster while maintaining or improving risk accuracy. Ongoing loan monitoring is also automated, providing continuous visibility into borrower performance and supporting proactive portfolio management.
Target Audience
Mercati’s primary customers are community banks and regional lenders that originate Commercial & Industrial loans to small and medium‑size businesses.
Features
- AI agents that ingest and reconcile financial data from QuickBooks, bank statements, and other business systems
- Automated credit scoring and risk analysis models tailored to SMB loan portfolios
- Seamless integration with core banking platforms, including pre‑built connectors for major core vendors
- Real‑time loan monitoring dashboards that track borrower financial health post‑origination
- SaaS deployment with configurable workflows to match a bank’s existing underwriting processes