Idea Financial's Automated Lending: 60% Cash Flow Underwriting Emphasis, Niche Legal Finance.

Idea Financial, a small business lender for plaintiff law firms, partnered with Cobalt Intelligence to automate their verification process. The API integration led to increased efficiency in their high-volume operation and was implemented faster than with traditional bureaus. This demonstrates the value of API-based verification in alternative lending, especially with the shift towards permission-based and cashflow data.