Campbell, Calif. (June 1, 2023) – Crediture, a leading data analytics company specializing in credit risk evaluation, is proud to announce its endorsement of the Small Business Borrowers’ Bill of Rights. As a firm committed to transparency, fairness, and empowering small businesses, Crediture fully supports the principles outlined in the bill, which aims to protect the rights of small business owners in the financing process.
The Small Business Borrowers’ Bill of Rights identifies six fundamental financing rights that all small businesses deserve, including the right to transparent pricing and terms, non-abusive products, responsible underwriting, fair treatment from brokers and lead generators, inclusive credit access, and fair collection practices. By endorsing these rights, Crediture reaffirms its dedication to creating a level playing field for small businesses and promoting ethical lending practices.
“We believe that small businesses are the backbone of our economy and deserve to be treated fairly in their financing journey,” said John Kanalakis, Chief Executive Officer of Crediture. “By endorsing the Small Business Borrowers’ Bill of Rights, we are aligning ourselves with the responsible business lending community to champion transparency, fairness, and inclusive access to credit for small businesses.”
Crediture’s innovative platform leverages the latest machine learning, statistical, and behavioral science techniques to provide accurate credit risk evaluations for both consumers and businesses. By incorporating the principles of the Small Business Borrowers’ Bill of Rights into its operations, Crediture aims to ensure that small business owners have access to clear, transparent pricing and terms, responsible underwriting practices, and fair treatment throughout the lending process.
The endorsement of the Small Business Borrowers’ Bill of Rights further reinforces Crediture’s commitment to empowering small businesses and fostering a thriving business environment. By upholding these rights, Crediture seeks to inspire other industry players to join in promoting a fair and inclusive lending landscape that benefits small business owners nationwide.
For more information about Crediture and its commitment to ethical lending practices, please visit https://www.crediture.com
For more information about The Small Business Borrowers’ Bill of Rights, please visit http://www.borrowersbillofrights.org
Crediture is a leading data analytics company specializing in credit risk evaluation. Its innovative platform leverages the latest machine learning, statistical, and behavioral science techniques to provide accurate credit risk assessments for both consumers and businesses. Crediture is unlocking opportunities by empowering lenders and borrowers with transparent, fair, and data-driven credit evaluation solutions.
Crediture Press Relations