Automate Industry
Classification with
Precision
Improve approval speed and reduce risk with consistent,
AI-powered industry classification.
Why is industry classification important for small business lending?
Industry classification is important for small business lenders as it helps assess risk, comply with regulations, and manage portfolios more accurately.
What data does your AI use for industry classification?
We use business names, websites, bank transactions, addresses, and online directories for our industry classification.
Can your system handle businesses with limited online presence?
We use advanced matching techniques and alternative data points to arrive at SIC/ NAICS codes of the businesses with limited online presence.