Cypress Speeds Up SMB Credit Data Search
Cypress' new Bureau Interpretation and Scoring Engine (BISE) enables lenders who use BizMark to automatically retrieve credit bureau information from database providers including Experian (OTC:EXPGY) and Experian Business, Equifax (NYSE:EFX) and Equifax Business, Fair Isaac (NYSE:FIC) and TransUnion.
Stephen G. Sargent, president and chief executive of Cypress Software Systems, notes that BISE is also able to "enable a solution that works with embedded third party-derived small business scorecards, such as those provided by Asch Advisory Services."
The search engine can also utilize FICO online credit bureau scores of loan principals to facilitate decision-making.
- more briefs-