Mirador
Company

Last deal

$7M

Amount

Series A

Stage

30.11.2015

Date

2

all rounds

$9.7M

Total amount

General

About Company
Mirador is a small business lending platform.

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founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

Mirador's core lending platform streamlines the lending process, offering borrower acquisition, digital application, decisioning, and borrower communication. The platform can be supplemented with two modules that support highly prequalified lead generation and a second look program. Mirador supports all small business loan products including lines of credit, term loans, SBA backed loans, commercial real estate, and collateralized loans for up to $20 million. Lenders who have implemented Mirador's core platform have seen a 69% increase in efficiency in the small business lending process and an average reduction of $1550 in the cost to originate a loan. Mirador partners with banks, credit unions, non-profits, and specialty finance companies to create more profitable SMB lending and first-in-class risk management and borrower experience.
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