Business
SBA WORX Selects LenderAI as a Technology Platform for Its LSP Business
iBusiness is proud to announce that SBA WORX, a Lending Service Provider (LSP), has selected LenderAI, iBusiness's flagship loan origination and processing technology platform, for its business. This announcement marks the injection of advanced technology into the LSP ecosystem, enabling more transparent and efficient LSP operations for the banks and lenders they support.
About this update from Ready Capital Corporation
[{"type":"text","content":"FORT LAUDERDALE, Fla., Sept. 29, 2025 /PRNewswire/ -- iBusiness is proud to announce that SBA WORX, a Lending Service Provider (LSP), has selected LenderAI, iBusiness's flagship loan origination and processing technology platform, for its business. This announcement marks the injection of advanced technology into the LSP ecosystem, enabling more transparent and efficient LSP operations for the banks and lenders they support.","length":432,"tagName":"p"},{"type":"image","alt":"iBusiness Funding logo (PRNewsfoto/iBusiness Funding)","displaySize":"","headline":null,"caption":"iBusiness Funding logo (PRNewsfoto/iBusiness Funding)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":112,"url":"https://media.zenfs.com/en/prnewswire.com/fc6162e96748c8dd2fa4b5da633d47b1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/dv69K51YqTP2R9y9HObesA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE5NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/fc6162e96748c8dd2fa4b5da633d47b1","width":400,"height":112}},"href":"https://mma.prnewswire.com/media/2739647/iBusiness_Funding_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"By adopting LenderAI, LSPs can deliver faster, more accurate, scalable lending services to their bank partners. The platform automates and streamlines critical components of the loan origination process, helps improve compliance, and significantly reduces manual workload. As a result, lenders can originate loans with greater confidence, speed, and efficiency.","length":361,"tagName":"p"},{"type":"text","content":"Tim Davis, Founder & CEO at SBA WORX, emphasized the rationale behind the selection: "We're thrilled to partner with a next-generation SBA technology platform like LenderAI. We expect to use multiple features to transform the lending experience for the banks we support, including multiple integrations with third-party credit and identity data sources, end-to-end process transparency with external reporting for lenders we work with, and the advanced Rules Engine and Task Manager automations, to name a few."","length":529,"tagName":"p"},{"type":"text","content":"SBA WORX's clients are already seeing the benefits. "As a growing financial institution, we're excited to offer a client experience that rivals, and in many ways exceeds, wh...