MeridianLink Expands Business Lending Capabilities

Costa Mesa, California –(Business Wire–MeridianLink, Inc. (NYSE: MLNK), a leading provider of cutting-edge software platforms for financial institutions and consumer reporting agencies, today announced the availability of MeridianLink® business. Originally launched as the Atlas Platform® by StreetShares®, which was acquired in 2022, MeridianLink Business is a key component of the company’s multi-product platform, MeridianLink® One. The improved business lending offering brings together the innovation of the StreetShares and MeridianLink teams to enhance the business lending capabilities of financial institutions.

“From the start, we’ve been impressed with StreetShares’ innovative business lending offerings, including business loans and trade lines of credit, and we’re proud to offer these solutions under the name MeridianLink,” said Devesh Khair. Product Officer at MeridianLink. “We are excited to share the MeridianLink business – the business lending component of our multi-product platform, MeridianLink One – with our customers and their communities.”

MeridianLink enables commercial banks and credit unions to improve the end-to-end business lending process, digitally engage borrowers, and leverage advanced technology for smarter decision making. Built by experienced commercial bankers, the platform enables community lenders to use data-driven technology to deliver a better digital banking experience to their commercial customers. It specifically addresses key challenges in business risk assessment and decision making to effectively meet business financing needs.

An end-to-end application-to-core system, MeridianLink Business is rapidly enabled, allowing organizations to be up and running in a fully digital business lending environment in 90 days or less. Key product features include:

  • Powerful automation for smart decision making

  • Digital document collection for easy document access and review

  • A fully digital, mobile-enabled application and business owner hub

  • Decision-making tools, including cash flow analysis and property risk rating tools

  • Electronic loan offer and acceptance with online closing and document exchange

  • Advanced analytics on loan portfolios

For more information, visit https://www.meridianlink.com/products-business.

About MERIDIANLINK

MeridianLink® (NYSE: MLNK) empowers digital lending and account opening for financial institutions and provides data verification solutions for consumer reporting agencies. MeridianLink’s scalable, cloud-based platforms help clients build deeper relationships with customers through data-driven personalized experiences throughout the lending lifecycle.

MeridianLink enables customers to accelerate revenue growth, reduce risk, and exceed consumer expectations through seamless digital experiences. Its partner marketplace supports hundreds of integrations for built-in innovation. For more than 20 years, MeridianLink has prioritized democratizing lending for consumers, businesses, and communities.

Learn more at www.meridianlink.com.

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