Foresight is paving a new pathway to capital for founders by leveraging qualitative team, company and financial data as an asset that financial institutions can use to offer simpler, more instantaneous and stress-free lending to earlier-stage businesses — without increasing their risk.
For Lenders Foresight makes it easy for lenders to lend to earlier-stage businesses by combining a holistic view of the company and a fully digital, real-time loan syndicate – allowing lenders to fractionally place the funds across hundreds of loans rather than into a handful. The platform automates lending while enabling lenders to lend to current and prospective customers at a lower credit concentration risk while lowering charge-offs and eventually creating higher, more predictable ROA.
For Founders Foresight transforms qualitative data into non-dilutive capital for growth. The Foresight algorithm converts future revenue streams into accurate financial projections and assesses risk level based on team, product and secure live data connections. Repayment is structured using flexible monthly repayments that adjust to a company's revenue.