San Francisco, United States
Able, founded in 2020, is positioned at the forefront of the Fintech revolution, specifically targeting the inefficiencies present in the commercial lending sector. Headquartered in the United States, the company leverages its expertise in AI and Analytics to transform the traditional loan processing experience. With its slogan, "Accelerating commercial lending," Able focuses on simplifying and expediting the borrowing process for businesses that often face cumbersome document management.
Through its technology platform, Able enhances lender-borrower interactions by organizing and making sense of vast amounts of financial data. This innovation not only accelerates loan approvals but also drastically reduces paperwork, benefitting both lenders and borrowers.
The company secured a $20.00M Series A investment on June 16, 2022, with participation from Canapi Ventures and Human Capital. This strong financial backing underscores investor confidence in Able's potential to disrupt the commercial lending landscape.
