Why Hansa Chose Daylit Over Lendflow: A Better Lending Solution for Small Businesses

Exploring how Daylit became Hansa’s partner of choice for embedded lending.

Jared Shulman
May 3, 2023

Introduction:

Hansa, a novel, free tool designed to help small business owners maintain accurate and consistent financial data, had recently been on the lookout for an embedded lending platform to offer loans to its customers. After considering Daylit and Lendflow, two major providers in the industry, Hansa ultimately decided to partner with Daylit. In this article, we will explore the reasons behind this decision and why Daylit's solution proved to be the better choice for Hansa and its customers.

Fully Embedded Solution

One of the primary reasons Hansa chose Daylit over Lendflow is the fully embedded nature of Daylit's solution. Daylit's platform seamlessly integrates with Hansa's existing systems, allowing for a streamlined and user-friendly experience. This means that small business owners can access instant digital loan products directly through Hansa's platform without having to navigate through multiple websites or applications. Daylit’s application can be pre-populated with Hansa’s customer data making it even easier for small businesses to access capital in these trying times.

Daylit's iBranch embeds lending anywhere.

Secure Data Transfer

In today's digital age, data security is paramount. Daylit's platform ensures that the business data exchanged between Hansa and financial service providers is securely transmitted, maintaining the privacy and integrity of sensitive information. On the other hand, Lendflow's embedded web form was unable to offer the same level of data security, which is a critical factor for businesses dealing with financial data.

Instant Decision Making

Hansa's primary goal is to provide small business owners with a seamless experience when seeking financial assistance. Daylit's platform offers instant decision-making capabilities, allowing customers to receive loan offers in real-time. This not only saves time for business owners but also helps them make informed decisions quickly. In contrast, Lendflow's solution could not provide instant decisions, which may lead to delays and hinder the overall user experience.

Customization and Scalability

Daylit's platform is highly customizable and scalable, allowing Hansa to tailor the lending experience to the specific needs of its customers. This flexibility ensures that the platform can grow and adapt alongside Hansa's user base, providing continued support and resources to small business owners. Lendflow's solution, however, lacked the same level of customization and scalability, potentially limiting its effectiveness in meeting the diverse needs of Hansa's customers.

Conclusion:

After a thorough evaluation of both Daylit and Lendflow, Hansa has confidently chosen Daylit as its embedded lending platform partner. Daylit's fully embedded solution, secure data transfer, instant decision-making capabilities, and customizable platform offer a superior lending experience for small business owners. By partnering with Daylit, Hansa reaffirms its commitment to providing top-notch financial support and resources to its customers, empowering them to grow and succeed in today's competitive business landscape.

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