A message to our lending community
We know you are working nonstop to address the unprecedented challenges presented by COVID-19.
Whether this means underwriting critical SBA loans through the Paycheck Protection Program as quickly as possible, monitoring your existing portfolio for distress, or supporting counter-cyclical businesses facing a surge in demand, our commitment is to empower you with the reliable small business data you need today.
We believe that the future of the small business economy will be driven by data. Today this future depends on it.
Yours in partnership,
The Enigma Team
Actionable COVID-19 signals for small business lenders
Accelerate PPP applicant processing
Access applicant eligibility data to verify businesses that qualify for Paycheck Protection Program loans and safely speed up overall applicant processing.
Identify distress
Mitigate risk exposure and potential losses by leveraging information related to business viability, including business closures, bankruptcies, imports, and WARN layoff notices.
Surface signs of resiliency
Find positive business health indicators such as government contracts and shipping imports, as well as industry-specific stability signals, such as a restaurant’s take-out and delivery capabilities.
Resources for SMB lenders
- June 5, 2020 | Enigma Blog
The State of Small Business Lending: June 2020 Industry Poll
- April 22, 2020 | Enigma Blog
Discussing SMB Credit Risk and COVID-19 with Kaustav Das, Chief Risk Officer of Petal
- April 21, 2020 | Enigma Blog
Introducing Enigma Government Contracts Data
- March 23, 2020 | Enigma Blog
Reliable Small Business Data Matters Now More Than Ever
Insights for proactive risk management
Get complete visibility into the liability and health of every small business in your portfolio, to identify developing risk and take action when needed.
Critical intelligence for applicant decisioning
Leverage insights on new business creditworthiness to surface well-positioned industries, identify healthy applicants, and reduce overall risk exposure.