Lending

Today, we’re excited to announce Lending, a new suite of products that makes it simple for companies to provide capital to their customers. With our new Lending capabilities, software companies can now extend capital instantly to their customers, generate significant new revenue streams and improve customer satisfaction.

Launch quickly and easily

Our Lending product suite makes it simple to provide capital to your customers in weeks. When you work with Unit to offer lending, you get:

• Capital and underwriting built-in: Offer your customers the capital they need to grow top line revenue without impacting your balance sheet or sourcing funding yourself. Unit provides access to capital and the underwriting necessary to launch quickly, so you can start offering your customers value immediately, and build a sustainable lending program.

• Low-code and no-code options: To make launching simple, we’re excited to also announce that our White-Label solutions support lending experiences. You can launch in a few weeks with little to no engineering resources. Lending works seamlessly alongside accounts, cards, and payments so you can build a complete product all on one platform.

  • The application form gives customers a simple way to apply for financing.

  • The account, card, and activity components allow them to manage their spend and accounts. 

• Streamlined compliance: Unit helps you get to market faster and safer by simplifying compliance, behind the scenes. We’ll match you with bank partners that can support your lending program and together handle the bulk of the compliance requirements throughout the entire financing lifecycle, from application to repayment.

Building a lending program has traditionally been extremely costly and complex. Procuring capital is expensive and time consuming, possible only for the largest companies who were willing to raise debt facilities. Companies would also need to hire teams and create tools for underwriting, origination, servicing, collections, and the orchestrations required to make decisions, deliver funds, and get repaid. 

Unit is now making it even easier for companies to offer lending and financing products and get to market faster. Now, companies can launch fully-featured lending and financing products without needing to have the capital, understand the jargon, add headcount, or build a stack of technology solutions

The right capital for your audience

Businesses' capital needs are not one-size-fits-all. To create the product that meets the unique requirements of your customers, Unit helps you deliver a comprehensive suite of lending and financing products to serve different use-cases and cash flow needs:

Get started

Embedding lending should be easy. We’re here to make it simple, with our product and guides. Read our full announcement and visit our website to learn about our Lending products. Check out our documentation to learn about implementing them using White-Label Components.

If you’re interested in offering capital to your customers please contact us or reach out to your Customer Success Manager.