The Role of Machine Learning in Small Business Lending

Karen Webster of PYMNTS.com interviewed Prashant Fuloria, COO of Fundbox, about the guiding principles for using different data sets in underwriting; Fundbox uses tens of thousands of data points on every single business that applies for credit; they also leverage the data of their customers’ customers creating a proprietary business graph that is truly predictive; Fuloria said, “Your creditworthiness in the sense of your cash flow volatility depends on those people around you…you are the company you keep.” Source.