Your data foundation for quick, confident lending decisions
Codat gives you complete access to your business customers’ financial data – delivered in real time with the reliability and accuracy your underwriting team demands.
More revenue. Less risk.
Traditional underwriting is costing you business.
Your customers are generating more data than ever, but getting it and using it is a challenge. Your team spends days manually collecting and processing documents. Customers abandon complex applications mid-process. And when data does arrive, it’s often incomplete, incorrect, or outdated – forcing you to either reject qualified customers or take on unnecessary risk.
Level up your decisions with better data.
With Codat, customers securely connect their financial systems directly to your platform. From there, you get real-time, ongoing access to data from their accounting software, banking records, and commerce tools – delivered instantly in a standardized format that’s easy to read, ready to act on, and updated continuously throughout the loan lifecycle.
Everything you need for faster, smarter lending
20% shorter decisioning timelines
Get customers from application to funding in days instead weeks or months. Codat’s real-time data access helps you avoid needless back-and-forth and processing delays.
30% fewer data quality issues
Make risk decisions based on customers’ real-time financial data. Codat’s granular transaction details, cash flow patterns, and revenue trends empower you to calibrate risk your way.
40 hours saved each week
Expand capacity without expanding headcount. Codat’s automated connections reduce manual review time and overhead, supporting faster decisioning so you can process more loans.
Purpose-built from the ground up for modern lending teams
14+ core integrations
Transaction-level data
Automated categorization
Real-time updates
Bank-grade security
Verified accuracy
From application to approval in record time
Your customers authorize access to their financial systems through Codat’s secure, bank-grade connection flow
Their data is shared automatically, with no need to hunt down and upload PDFs
Codat pulls data from all core accounting, banking, and commerce platforms in real time
You get granular visibility into your business customers’ revenue, expenses, cash flow, and more
Standardized, analysis-ready financial data flows into your underwriting systems and decisioning models
You have the information you need to make smarter, faster decisions that boost your business
Industry leaders turn to us to transform their operations
Frequently asked questions
Which accounting platforms does Codat support for lending use cases?
Codat integrates with 20+ accounting platforms including QuickBooks Online, QuickBooks Desktop, Xero, Sage, NetSuite, FreshBooks, and other systems commonly used by small and mid-sized businesses. You build once to our unified API and gain access to all supported platforms at once, while we handle all details.
How long does it take to integrate Codat’s API?
Most lenders complete the integration process in four to six weeks, on average. Codat’s pre-built SDKs, comprehensive documentation, and dedicated support team accelerate implementation significantly compared to building accounting integrations from scratch – which typically takes six to 12 months per platform.
How does Codat help reduce credit risk?
Codat provides real-time, ongoing access to comprehensive financial data that comes directly from your customers’ accounting systems – including their P&L statements, balance sheets, cash flow data, accounts receivable, and transaction histories. This verified, up-to-date information enables more accurate credit decisioning compared to outdated bank statements or static, manually submitted documents because you can assess your business customers on what their finances look like now instead of what they looked like weeks ago.
Is the financial data Codat provides secure and compliant?
Yes. Codat employs bank-grade security measures including 256-bit encryption, SOC 2 Type II certification, and GDPR compliance. Data is pulled directly from accounting platforms with customers’ explicit consent through OAuth authorization, ensuring the highest standards of data security and privacy.
Can I use Codat for ongoing portfolio monitoring after loan origination?
Absolutely. Codat enables continuous monitoring by maintaining live, ongoing connections to your business customers’ accounting systems. You can refresh their financial data on demand or set up automated data pulls to track performance, flag early warning signs, and make more informed decisions about credit limit adjustments or collections.
What types of lenders use Codat?
Codat serves a wide range of lenders including digital banks, fintechs, equipment finance companies, invoice finance providers, merchant cash advance providers, embedded lending platforms, and traditional banks modernizing their SMB lending processes.
How much does Codat cost for lending applications?
Codat offers flexible pricing based on your specific needs. Contact our team for a customized quote that aligns with your lending volumes and integration requirements.
Do I need accounting expertise to use Codat’s API?
No. Codat standardizes complex accounting data for you into an easy-to-use format designed specifically for business lending use cases. Our API abstracts away the complexity of accounting data, so your team can focus on building great lending products without having to become accounting experts.