Kennesaw, GA January, 29, 2013 (PRWEB) January 30, 2013
Data solutions leader MicroBilt Corporation has opened up shop in the UK, offering the same products that have revolutionized risk management and short term lending in the US.
MicroBilt prides itself on forward-thinking solutions which are tailored specifically to the needs of small and medium enterprises. For example, MicroBilt’s PRBC (Payment Reporting Builds Credit) reports provide credit scores to a growing segment of individuals who can’t be measured by traditional credit scores. This allows lenders to open their doors to a wider segment of customers.
MicroBilt also plans a UK product launch for 2012 Online Lenders Alliance (OLA) Award-winner Instant Bank Verification (IBV). IBV instantly verifies the existence of a specific bank account, along with direct deposit info, Insufficient funds status information, current and available balances, transactional data, and dozens of other data points. IBV allows loan verification to be fully automated, drastically reducing the cost and time spent on it.
“The economy is changing, and consumer behavior is changing. The old methods of risk management are no longer accurate to measure the entire UK population. Businesses need new ways to see the data that’s most important and most effective for their bottom line” says Sean Albert Senior Vice President. MicroBilt. “That’s how we see our role here. We’re extremely pleased that initial responses from the industry have been very positive to our approach.”
For more information on PRBC, IBV, or other MicroBilt UK products, contact Sean Albert, at 800-884-4747 ext. 4884 or via email at Sean_Albert@Microbitl.com
About MicroBilt US
MicroBilt is the US leader in serving small businesses with data and tools that they need to manage risk and make informed lending and hiring decisions. MicroBilt offers the small business owner simple, cost-effective solutions for fraud prevention, consumer financing, debt collection, and background screening. With its PRBC® Consumer Report with the FICO® Expansion® Score, MicroBilt is the leading US provider of alternative credit data to businesses that want to offer credit and other financial services to the over 100 million underserved consumers in the United States. For more information, visit http://www.MicroBilt.com.
About MicroBilt UK
MicroBilt UK has been focusing on its expansion into the UK market over the two years. Working with both leading loan providers and an extensive range of data providers, MicroBilt is looking to develop a new approach to the risk management challenges that are facing the payday loans industry and applicants. For more information, visit http://www.MicroBilt.co.uk