ScaleSpend is redefining the corporate card industry by offering credit to traditional SMBs based on company performance, including bank balance history and financial reports, rather than personal credit scores. ScaleSpend uses AI-driven logic for underwriting, making business credit more accessible and tailored to SMBs' needs.
In the prevailing financial landscape, traditional SMBs face significant hurdles in securing business credit, as conventional banks heavily rely on personal credit scores and require personal backing for approval, without adequately considering the business's actual performance or success. This approach, coupled with a lengthy approval process and restrictive spending controls on employee cards, severely limits SMBs' financial agility and ability to manage expenses effectively. Moreover, existing alternatives focus on venture-backed companies, sidelining a vast majority of SMBs that operate without such backing.
Wait list of over 700 profitable SMBs ready to sign up for ScaleSpend
