LoanReady by Cyphr

Cyphr

LoanReady by Cyphr

Cyphr enables inclusive lending without credit scores, using AI to guide borrowers and empower institutions to drive equitable economic growth.

Kansas City, KS, USA

USA

For-profit, including B-Corp or similar models

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Across the U.S., over 80% of small business loan applicants are denied, not because they’re unqualified—but because they’re unprepared. Most don’t understand what lenders expect, lack traditional documentation, or rely on outdated business plans. This challenge is especially acute for Black, Brown, immigrant, and rural entrepreneurs, who are more likely to operate outside of legacy systems and more likely to be overlooked. Lenders, on the other hand, face their own problem: without reliable indicators of a business’s financial health, they default to what they know—credit scores and past tax filings. But these tools were built to reward historical wealth and access, not future potential. As a result, lenders are forced to reject promising borrowers simply because they can’t see the full picture. This disconnect leads to missed opportunities on both sides. It stalls growth for entrepreneurs who deserve a chance, and it limits the impact of lenders, public agencies, and funds that want to deploy capital equitably but don’t have the tools to do so safely. Cyphr solves this with purpose-built financial intelligence that empowers institutions to lend based on potential—not privilege.

Cyphr is a financial AI platform that helps institutions deploy capital more equitably by making borrowers “Loan Ready.” Our flagship product, LoanReady, acts as an intelligent readiness and underwriting engine. It guides small business applicants through a simplified application—collecting essential data, analyzing real-time cash flow, verifying documentation, and producing a complete, contextual financial profile for lenders. At the core of Cyphr is our proprietary financial language model, purpose-built for capital deployment. Unlike general AI, Cyphr has been trained on real borrower data—especially the nuanced, messy, and incomplete data from underserved small business owners. That means it understands the realities of cash-based businesses, side hustles, thin credit files, and non-linear growth. It doesn’t just predict default—it interprets readiness, potential, and resilience. Where legacy systems rely on rigid thresholds like credit scores, Cyphr gives lenders a more accurate, auditable, and human-centered view of risk. If a borrower isn’t ready, we don’t just reject them—we provide a personalized action plan and connect them to trusted ecosystem partners. Cyphr turns rejections into readiness, and readiness into results. Cyphr isn’t just digitizing underwriting. We’re transforming it—with intelligence trained by and for the communities it serves.

1. Small Business Owners — especially those historically excluded from traditional finance These include Black, Brown, immigrant, and rural entrepreneurs who are often overlooked because they don’t have perfect credit, formal business plans, or traditional documentation. Many are first-generation business owners, navigating systems that weren’t built for them. Through LoanReady, they receive: -A fast, mobile-friendly application they can complete in minutes -Real-time insights on their loan readiness -A personalized action plan if they’re not yet qualified -Connections to education, resources, and ecosystem partners -Most importantly, they’re seen as more than a credit score. 2. Capital Deployers — including banks, CDFIs, government agencies, and philanthropic funds These institutions want to lend equitably but lack the tools to assess risk fairly. Cyphr equips them with purpose-built financial intelligence, helping them: -Accurately evaluate cash flow and business health -Expand their lending criteria without increasing default risk -Streamline document collection and verification -Track impact and performance across diverse borrower groups By turning incomplete applications into qualified opportunities, Cyphr increases both the volume and quality of capital deployment—unlocking economic growth where it’s needed most and creating more inclusive pipelines for prosperity on both sides of the transaction.