Provides a data-driven platform that combines alternative data sources, financial insights, and machine learning to generate a comprehensive Shubox Score for small businesses. This score streamlines loan underwriting for lenders by enabling faster, more informed decisions while reducing default risk through real-time monitoring of financial health and customer sentiment.
Funding
$120K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional small business loan underwriting processes are slow, rely on limited data, and require in-person visits, leading to increased risk and hindering capital deployment. Lenders lack real-time insights into the financial health and customer sentiment of small businesses, making it difficult to assess creditworthiness accurately.
Solution
Shubox provides a data-driven platform that aggregates alternative data sources, financial insights, and machine learning to generate a comprehensive "Shubox Score" for small businesses. This score enables lenders to streamline loan underwriting by providing faster, more informed decisions and reducing default risk through real-time monitoring of financial health and customer sentiment. The platform integrates social data, such as customer reviews and sentiment analysis, with financial data from point-of-sale systems and accounting software to provide a holistic view of a business's performance. By monitoring changes in the Shubox Score, lenders can identify borrowers who may need assistance before they miss a payment, improving loan performance and expanding lending opportunities.
Target Audience
The primary target audience includes lenders and small business organizations seeking to streamline loan underwriting, reduce risk, and increase capital deployment.
Features
- Aggregates alternative data sources, including customer reviews, sentiment analysis, social media presence, website traffic, and delivery platforms.
- Integrates with point-of-sale systems and accounting software to analyze cash flow and provide financial insights.
- Securely connects to business bank accounts to track daily average cash balance and breakdown of expenses.
- Generates a single Shubox Score using machine learning to assess the overall health of a small business.
- Provides alerts for changes in the Shubox Score to monitor borrower risk.
- Offers a dashboard for lenders to gain valuable insights into the financial health of small businesses without in-person visits.