There is data online about every small business in America, and a lot of it is wrong. But that doesn’t stop lenders and insurers from using that data to make sales and underwriting decisions about those same businesses, every day.
Enter Hansa: a tool that helps small business owners ensure the data that financial service providers use to find, qualify, and underwrite them is up-to-date, accurate, and consistent.
Small business information includes things like a business’s address, number of employees, or industry. Since this data doesn't come directly from business owners, the information lenders and insurers get about any given small business is almost always incorrect, out-of-date, or inconsistent across sources.
When lenders and insurers don't have trustworthy information about a small business, small business owners:
1) Experience delays in getting approved for products they need, or get falsely denied
2) Get bad rates and pricing to offset the increased underwriting risk that poor data creates
3) Waste time applying for products they are not a fit for, because providers can’t prequalify them
4) Have lower borrowing limits and often have to add personal guarantees, affecting their personal credit
Whether you like it or not, there is a lot of info available on your business, info you have little to no control over, and that is usually wrong and out of date.
Hansa is a tool that helps you correct info about your business and keep it updated. With Hansa, you can feel safe knowing that you have a say in what others say about you!
With so much information out there about your business, financial providers don't know what to believe. Set the record straight with Hansa. We let you control how you share your information, put it in the right hands, and save you time and money along the way.
