Ocrolus has launched Encore, a new double opt-in platform designed to streamline how small business funding providers share borrower intelligence. This industry-specific solution allows trusted counterparties to instantly and securely share deals using standardized cash flow metrics, aiming to accelerate funding decisions and expand capital access for small businesses.
Quick Intel
Ocrolus launched Encore, a borrower intelligence sharing platform for SMB funding.
The platform operates on a double opt-in model for secure data sharing between trusted partners.
It uses Ocrolus's standardized cash flow analytics, trained on over 15 million applications.
The goal is to eliminate redundant data processing and speed up funding offers.
It addresses inefficiencies in traditional workflows, like emailing PDFs of digital data.
The platform is now live with early adopters, with broader availability planned for January 2026.
Unifying the Industry with Standardized Data
Ocrolus has become a foundational element in small business lending, with its cash flow analytics used by over 175 funders. Encore leverages this established standard to create a common language for the industry. By uniting brokers and funders around shared, trusted metrics, the platform eliminates the need for each party to independently re-analyze the same financial documents from scratch, reducing duplication and building stronger partnerships.
Solving Inefficient and Outdated Workflows
The traditional process for broker-to-funder deals is often fragmented and inefficient. Brokers may pre-qualify a borrower, but funders, lacking trust in the reported metrics, are forced to re-process the original bank statements. In some cases, digital data is even converted to PDF and emailed, introducing security risks and data issues. Encore is built to replace these outdated methods with a seamless, secure digital handoff that all parties can trust. Trent Miskin, Co-founder and CPO at Lendio, said: "Encore allows our firms to drive a more streamlined experience that eliminates data-processing duplication, shortening speed to offer and improving the embedded experience that SMBs are demanding."
Driving Growth and Broader Capital Access
The primary benefit for Ocrolus's customers is the potential for increased origination volume. By enabling a more efficient and trustworthy exchange of borrower information, Encore helps brokers and funders convert more leads, fund larger deals, and serve a wider range of small businesses. David Snitkof, General Manager of SMB at Ocrolus, said: "With Encore, we're helping brokers and funders say yes more often by enabling them to convert more of their leads, fund larger deals, serve a broader range of industries and access capital faster and more flexibly."
Encore represents a significant step towards a more connected and efficient small business lending ecosystem. By facilitating secure intelligence sharing, it empowers funders to grow their business while ultimately helping small business owners secure the capital they need more quickly.
Ocrolus is a leading AI-powered automation and analytics platform for financial decision-making. The company enables lenders to make faster, more accurate credit decisions by automating underwriting workflows, with deep expertise in small business and mortgage lending. Ocrolus ingests and classifies documents, extracts key data, detects fraud, and delivers comprehensive cash flow and income analytics, empowering financial institutions to streamline the borrower experience, scale operations efficiently, and manage risk with precision and confidence.
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