Webinar: How Fundbox Launched a Loan-to-Card Program in 7 Weeks

For most of the history of lending, approval and access were two separate events. A borrower gets approved, then waits days or weeks for an ACH to clear before the money is usable. For small businesses managing tight cash flow, that gap can be the difference between catching an opportunity and missing it. Cards are changing that. When a lender issues a virtual card at the moment of approval, credit becomes spendable right away, with no ACH delay and no separate account.In this webinar, Lithic product marketer Claire Jacobs sits down with Sarvesh Baveja, Chief Risk Officer at Fundbox, and Declan Callisto, Product Manager at Lithic, to break down how Fundbox built a loan-to-card program on Lithic and took it live in seven weeks. They cover the borrower experience from application to spend, the spend controls that let a lender manage risk at both the business and card level, the four partners required to stand up a program like this, and where SMB underwriting goes as static credit limits give way to dynamic ones. Fintech Layer Cake and Lithic webinars are powered by Lithic, financial infrastructure that helps teams build better card and payments products for consumers and businesses.Chapters00:00 Why approval and access became two separate events01:32 Sarvesh and Declan introduce themselves02:00 Why loan-to-card is a new innovation02:19 The SMB cash flow timing problem03:21 Why the choice of issuer processor matters04:13 The Fundbox borrower experience, from application to spend06:00 What Lithic built behind the scenes: the credit ledger06:56 Why spend controls work at both the business and card level08:30 Where else card rails apply beyond SMB lending09:36 The rent payment use case10:29 The four partners required to launch a program like this12:42 Why embedded payments matter for reaching borrowers14:08 What Lithic offers that legacy processors don't16:05 The biggest misconception about program timelines18:15 Where SMB underwriting is headed: from static limits to dynamic ones20:03 Closing thoughtsSubscribe for more on card infrastructure and modern lending.