Smarter Underwriting via Open Banking
The Core Concept
Traditional lenders rely on outdated, lagging credit scores that fail to capture the true financial health of independent professionals. SwiftFund takes a modern approach. By utilising highly secure Open Banking technology, we analyse your real-time cash flow to make fair, instant, and data-driven lending decisions.
Connect Your Bank Securely
During your application, you will be prompted to link your primary business bank account. This connection is established through our licensed Account Information Service Providers (AISPs). We use AES-256 bank-level encryption, ensuring your credentials are never stored on our servers.
Read-Only Cash Flow Analysis
Our underwriting engine performs a read-only scan of your recent transaction history. We look at your actual client deposits and fixed expenses to determine your true capacity to repay a loan. We cannot initiate transfers, move your funds, or alter your account details.
Instant Decision and Disbursement
Because the analysis is automated and based on real-time data, you receive a lending decision in under three minutes. Once approved and verified, funds are disbursed via the SEPA network directly into your linked account.