Levr.ai has experienced notable expansion, demonstrating its dedication to supporting small enterprises and providing creative funding options. The portal is used by more than 1,000 small companies to learn about funding possibilities from more than 35 lending partners. Over $200,000,000 in loan request value have passed through Levr.ai’s platform, and this year has witnessed an average 30% increase in the number of new users signing up.
The business grew to include small companies in the US in September 2023. made possible by collaborating with major financial sources such as 8fig, OnDeck US, and others. Shane Stoneman, Head of Partnerships, states, “We’re always looking for new ways to connect with small businesses.”
A committed group of professionals, led by the company’s founders, Roman Hartmann, CTO, and Kaylan Pepin, CEO, are at the core of levr.ai’s goal. They have extensive backgrounds in both technology and finance. With extensive experience gained from working at renowned software businesses such as Shopify, Wave Financial, Malwarebytes, Unbounce, and others, they have put together a diversified team of A-players.
The Intelligent Loans Marketplace, the core product of Levr.ai, is revolutionising the small company lending industry. Its patented recommendation engine, which is based on state-of-the-art artificial intelligence and machine learning algorithms, simplifies the financing process for small businesses, making it quicker, easier to access, and more transparent than before.
With over 34 million establishments in the US and Canada, small businesses are the foundation of economies. Each year, almost 11.5 million of these companies ask for loans, and 25 million of them handle debt that already exists. Jennifer Daly, Head of Marketing at Levr.ai, states: “Levr.ai is lowering the barrier to entry for SMBs on its platform to access capital.” Together, the platform gives small firms access to the purchasing power of larger companies.”
Better knowledge of loan eligibility, free resources for quicker approvals, and personalised support from financial specialists lead by Tara Benson, Head of Business Development at Levr.ai, are some of the key advantages offered by the platform.
“Our growth has validated that businesses need technology to assess and improve their financial position,” said CEO and co-founder Kaylan Pepin in closing. We can’t wait to expand the platform and assist all small businesses in the US and Canada that want to get better and manage their debt.”
The goal of Levr.ai is very clear: to provide businesses the financial tools they need to succeed. Every company should have the chance to thrive, and Levr.ai is dedicated to removing obstacles to debt financing through its AI-powered platform.