Owner: Valeria Melchior
Lend2B is a technological platform that connects lenders with companies. Lenders offer revolving credit lines applicable to working capital to companies.
To execute fund dispersion and collection movements, Lend2B integrates different payment rails in each market.
In order for the lender to conduct credit assessments of companies, Lend2B also integrates tools for KYC and scoring. Additionally, it enriches the credit history of companies based on their behavior and compliance with each of the lenders participating in the ecosystem.
Lend2B does not engage in financial intermediation.
Our value proposition is based on managing companies that have strong and stable commercial relationships with their suppliers and customers. These relationships occur because each party is part of the other's production chain, allowing the lender to offer better financing rates due to the low risk involved.
To ensure the destination of the pre-approved credit line, timely financing is always granted against the issuance by the supplying company and the acceptance by the client company of a valid commercial instrument (typically, an invoice).
Lend2B provides APIs for:
Integration with supplier payment systems or other tools used by companies for the management of commercial instruments.
Integration with lenders' own systems.
Lend2B also has its own fronts for:
Comprehensive management of operational flows if companies require it.
Comprehensive management of lender services.
Business Definitions:
The service will be available in different markets.
There may be more than one lender in each market.
There may be more than one lender in the same ecosystem.
A lender may be present in more than one market.
Companies participating in the ecosystem may have the role of client and/or supplier.
There may be more than one ecosystem in each market.
The initial means of payment will be bank transfers, but consideration is given to operating with other means of payment in the future (DD, DC, Stable coins, or others).
Initially, operations will be carried out within the same market, but in the future, cross-border operations may be conducted (client and supplier in different markets).
Consideration is given to operating in more than one currency in each country (local currency and USD, at minimum). Initially, cross-currency operations (i.e., origin currency <> destination currency) are not considered.
Customers who upload their credit portfolio will be providing this information to Lend2B, which enables lenders to access it (see Terms and Conditions).
Product Scope
The product consists of different modules:
Lender Module: Lend2B provides a front for this module, but also offers a set of APIs for connection to the lender if they have their own software.
Analysis of credit portfolio and company scoring.
Definition of portfolio by markets: for each market, there may be particular conditions to consider for the construction of the credit portfolio.
Approval flows, with different profiles and rules: depending on the type of company and credit line to be assigned, the need to:
Build approval flows where more than one lender profile is involved and where information exchange with the company is also required to validate or expand information.
Have audit information.
Integration with different sources according to the market that allows expanding information and evaluating the company's risk more broadly.
Contribute to the compliance profile that the company may have in other Lend2B ecosystems.
Assignment of credit lines (plans) to companies.
The following variables must be considered:
Amount to finance.
Expiration date.
Currency.
Pre-approved overlimit.
Allows refinancing.
Maximum % to refinance.
More than one approval profile must be anticipated.
Information backup for auditing must be considered.
Approval criteria for credit applications:
Automatic: for a given company, it can be defined that financing requests are automatically approved whenever the following rules are met at the time of the request:
The company has available credit in its credit line.
The company is not in arrears.
The company has not requested refinancing.
Its scoring is higher than xxx.
Other rules to be defined.
Manual review: it will be given when any of the automatic approval conditions detailed above are not met.
rules for approval must be constructed where more than one lender profile may intervene.
audit information must be provided.
Visualization of credit lines, available credit, debts, arrears per client.
Commercial conditions configuration.
Generic commercial conditions (plans) with different configuration parameters:
Sector or industry.
Risk level.
Geography.
Term.
Trade/Distributor.
More than one commercial condition associated with the same credit line.
variations in rates, terms, currency, arrears.
More than one commercial condition associated with an invoice, with the invoice of application being able to be defined.
Commercial conditions for refinancing due to arrears.
Linking of commercial conditions to companies.
Generic commercial conditions: they are applied directly to companies that meet the requirements for granting them.
Particular commercial conditions:
they are ad hoc associated with a specific company.
Request Management
Visualization of requests requiring manual authorization.
Approval or rejection.
Payment Rails Module
Available payment rails will be configured for each market.
Available currencies will be configured for each market.
If there is more than one payment rail for a payment method in a particular market, utilization priorities will be assigned from this module.
Client Module:
This module will be used for loading and approval flow of the company's credit portfolio.
The user responsible for generating the company's portfolio will be the contact person with the lender to provide additional information.
At each step of the process, the client can view the status of their request and the next steps in the approval flow.
This client module may request different information depending on the market.
It may also happen that the lender requests different information according to the characteristics of the company. For example: the industry it belongs to.
Anchor Company Module:
An anchor company may have the role of a client and/or supplier.
Lend2B provides a front for this module, but also provides a set of APIs for inclusion in the company portal.
This module allows:
Supplier Role:
register client companies and generate a user to carry out the onboarding of the company.
once the client company is enabled, it can generate commercial instruments, initiating the approval flow.
visualize commercial instruments generated for its clients and the status of each one.
view current commercial conditions for a specific client company.
request a change or review of these conditions from the lender.
provide commercial history information with client companies.
request the early payment of a certain commercial instrument.
configure payment methods.
Customer Role:
view commercial relationships with different suppliers with which it maintains commercial relationships.
approve commercial instruments from different suppliers with which it maintains a commercial relationship.
request a change or review of commercial conditions.
request to postpone the payment of a specific commercial instrument.
request to refinance the payment of an upcoming or overdue commercial instrument.
configure payment methods.
view commercial instruments received from different suppliers.
Lend2B Administration Module
This module is for internal use by Lend2B and aims to make service configurations, reporting, and ticket tracking.