The fifth annual LendIt Fintech Industry Awards recognizes rising leaders in the financial services industry in 14 unique categories. Reliant Funding is honored to be nominated as a finalist in the Top Small Business Lending Platform category for 2022, which recognizes organizations based on a combination of loan performance, volume, growth, product diversity and innovation.
LendIt is a leading media and events company dedicated to innovation in lending and digital banking. Dedicated to documenting and empowering the ongoing digital revolution in finance, LendIt hosts three large annual conferences, a daily financial news service, and a thriving online community.
Reliant was founded in 2008 to offer a better way for small businesses to receive fast, flexible funding. We are proud to have helped entrepreneurs weather hard times, reach business milestones, and make funding accessible to everyone.
As part of the financial services revolution, Reliant offers industry-specific loan counseling and funding – often within as little as 24 hours. Even better: the entire customer-centered process can be completed online. Unlike traditional bank-based funding, over 70% of Reliant’s applications for funding are approved. There are never any application fees to apply for funding.
To date, Reliant has funded over 1.5 billion dollars to help make our customers’ dreams a reality. This translates into over 10,000 business clients across the United States.
During the last year, Reliant transformed its funding process to be a more robust online experience enabling small businesses to apply, receive customized offers, and receive funding in their account in a matter of hours. As a result, Reliant has seen an increase in both the number of applicants and fundings.
“We are honored to be named a finalist in the prestigious LendIt Fintech Industry Awards, which is a testament to the hard work and dedication of our employees,” said Steven Kietz, Chief Executive Officer, Reliant Funding. “We are proud to employ leading edge technology, as with our partnership with Provenir, to help address the small business lending needs of our customers to foster their growth and further their business goals.”
“Reliant Funding continues to set the industry standard with the speed in which a small business can apply for working capital lending to have funding available within hours,” said Kathy Stares, executive Vice President, North America, Provenir. “We congratulate Reliant Funding on being named a LendIt Fintech Industry Awards finalist and look forward to continuing to support the company by providing the technology to quickly evaluate credit risk and deter fraud to better serve its customers.”
Provenir’s AI-powered decisioning software is the industry’s first, true risk-decisioning ecosystem. It provides a comprehensive real-time view of unified decisioning-performance, third-party and historical data, as well as integrated advanced analytics through AI models. Through one unified digital experience, users can create the platform-as-a-service (Paas) cloud solution that best fits their business needs.
About the LendIt Fintech Industry Awards
This year’s LendIt Fintech Industry Awards will be presented in Miami Beach, Florida, on February 8. This is the fifth year the Awards have been presented. For the first time, LendIt is also offering a finance networking event called Nexus Dealmakers Summit. Attendees can purchase bundled tickets to attend both events if they wish.
Provenir helps fintechs, financial institutions, and payment providers make smarter decisions faster by simplifying the risk decisioning process. Its no-code, cloud-native SaaS products form a risk decision engine for real-time approvals and make it easy to rapidly create sophisticated decisioning workflows. With a global data marketplace for seamless integration, powerful AI and machine learning models, and real-time insights, Provenir has supercharged decisioning speed. Provenir works with disruptive financial services organizations in more than 40 countries and processes more than 2 billion transactions annually.
Looking Forward: Goals for Growth in 2022 and Beyond
Even as this nomination recognizes past accomplishments, Reliant Funding is enthusiastic about the potential for growth in 2022. Along with its extraordinary performance as a small business lender, it also provides small business owners with valuable educational resources to help nurture their businesses.
The Reliant team looks forward to blazing a new path in a world with increasing access to specific, attainable lending for real people and their businesses.