iBusiness Funding Launches First-Of-Its-Kind Agentic Lending AI Solution and Announces $100 Million Commitment Toward AI
iBusiness Funding (iBF), a division of Ready Capital (NYSE: RC), has launched Lendsey AI, the first agentic AI platform for SMB lending, alongside a $100 million commitment for AI advancement. The platform integrates with iBF's LenderAI Loan Origination System, processing over $100 million in SBA and conventional loans monthly.
Lendsey AI operates as a dual-facing solution, serving both borrowers and lenders with instant feedback and automated execution capabilities. The system includes proprietary tools for telephony, email, OCR, chat, document generation, and e-signing, enabling autonomous communication and execution.
iBF's unique advantage lies in leveraging data from its own lending operations, having field-tested solutions on over $11 billion in loans. The $100 million commitment will be internally financed through operating revenue, demonstrating the company's confidence in AI-driven lending.
iBusiness Funding (iBF), una divisione di Ready Capital (NYSE: RC), ha lanciato Lendsey AI, la prima piattaforma di intelligenza artificiale agentica per il prestito alle piccole e medie imprese (PMI), insieme a un impegno di 100 milioni di dollari per il progresso dell'IA. La piattaforma si integra con il sistema di origine prestiti LenderAI di iBF, gestendo oltre 100 milioni di dollari in prestiti SBA e convenzionali ogni mese.
Lendsey AI opera come una soluzione a doppio faccia, servendo sia i mutuatari che i prestatori con feedback immediati e capacità di esecuzione automatizzata. Il sistema include strumenti proprietari per telefonia, email, OCR, chat, generazione di documenti e firma elettronica, consentendo comunicazioni ed esecuzioni autonome.
Il vantaggio unico di iBF risiede nell'utilizzo dei dati provenienti dalle proprie operazioni di prestito, avendo testato soluzioni su oltre 11 miliardi di dollari in prestiti. L'impegno di 100 milioni di dollari sarà finanziato internamente attraverso i ricavi operativi, dimostrando la fiducia dell'azienda nel prestito guidato dall'IA.
iBusiness Funding (iBF), una división de Ready Capital (NYSE: RC), ha lanzado Lendsey AI, la primera plataforma de IA agentiva para préstamos a pequeñas y medianas empresas (PYMES), junto con un compromiso de 100 millones de dólares para el avance de la IA. La plataforma se integra con el sistema de origen de préstamos LenderAI de iBF, procesando más de 100 millones de dólares en préstamos SBA y convencionales mensualmente.
Lendsey AI opera como una solución de doble cara, atendiendo tanto a prestatarios como a prestamistas con retroalimentación instantánea y capacidades de ejecución automatizada. El sistema incluye herramientas propietarias para telefonía, correo electrónico, OCR, chat, generación de documentos y firma electrónica, permitiendo comunicaciones y ejecuciones autónomas.
La ventaja única de iBF radica en aprovechar datos de sus propias operaciones de préstamo, habiendo probado soluciones en más de 11 mil millones de dólares en préstamos. El compromiso de 100 millones de dólares se financiará internamente a través de los ingresos operativos, demostrando la confianza de la empresa en el préstamo impulsado por IA.
iBusiness Funding (iBF), Ready Capital (NYSE: RC)의 한 부서,는 Lendsey AI를 출시했습니다. 이는 중소기업 대출을 위한 최초의 에이전트 AI 플랫폼으로, 1억 달러의 투자와 함께 AI 발전을 위한 것입니다. 이 플랫폼은 iBF의 LenderAI 대출 원천 시스템과 통합되어 매달 1억 달러 이상의 SBA 및 일반 대출을 처리합니다.
Lendsey AI는 차용자와 대출자 모두에게 즉각적인 피드백과 자동 실행 기능을 제공하는 이중 방향 솔루션으로 작동합니다. 이 시스템은 전화, 이메일, OCR, 채팅, 문서 생성 및 전자 서명을 위한 독점 도구를 포함하여 자율적인 통신 및 실행을 가능하게 합니다.
iBF의 독특한 장점은 110억 달러 이상의 대출에서 현장 테스트된 솔루션을 통해 자체 대출 운영의 데이터를 활용하는 데 있습니다. 1억 달러의 투자는 운영 수익을 통해 내부적으로 자금 조달될 예정이며, 이는 AI 기반 대출에 대한 회사의 자신감을 나타냅니다.
iBusiness Funding (iBF), une division de Ready Capital (NYSE: RC), a lancé Lendsey AI, la première plateforme d'IA agentique pour le prêt aux petites et moyennes entreprises (PME), accompagnée d'un engagement de 100 millions de dollars pour l'avancement de l'IA. La plateforme s'intègre au système d'origine de prêts LenderAI d'iBF, traitant plus de 100 millions de dollars de prêts SBA et conventionnels chaque mois.
Lendsey AI fonctionne comme une solution à double face, servant à la fois les emprunteurs et les prêteurs avec des retours instantanés et des capacités d'exécution automatisées. Le système inclut des outils propriétaires pour la téléphonie, les e-mails, l'OCR, le chat, la génération de documents et la signature électronique, permettant une communication et une exécution autonomes.
Le principal avantage d'iBF réside dans l'exploitation des données issues de ses propres opérations de prêt, ayant testé des solutions sur plus de 11 milliards de dollars de prêts. L'engagement de 100 millions de dollars sera financé en interne par les revenus d'exploitation, démontrant la confiance de l'entreprise dans le prêt piloté par l'IA.
iBusiness Funding (iBF), eine Abteilung von Ready Capital (NYSE: RC), hat Lendsey AI gestartet, die erste agentische KI-Plattform für die Kreditvergabe an kleine und mittlere Unternehmen (KMU), zusammen mit einem Engagement von 100 Millionen Dollar für den Fortschritt der KI. Die Plattform integriert sich mit dem LenderAI Kreditvergabe-System von iBF und verarbeitet monatlich über 100 Millionen Dollar an SBA- und herkömmlichen Krediten.
Lendsey AI fungiert als duale Lösung, die sowohl Kreditnehmer als auch Kreditgeber mit sofortigem Feedback und automatisierten Ausführungsfähigkeiten bedient. Das System umfasst proprietäre Tools für Telefonie, E-Mail, OCR, Chat, Dokumentenerstellung und elektronische Signaturen, die autonome Kommunikation und Ausführung ermöglichen.
Der einzigartige Vorteil von iBF liegt darin, Daten aus den eigenen Kreditvergaben zu nutzen, nachdem Lösungen an über 11 Milliarden Dollar an Krediten erprobt wurden. Das Engagement von 100 Millionen Dollar wird intern über Betriebseinnahmen finanziert, was das Vertrauen des Unternehmens in KI-gesteuerte Kreditvergabe zeigt.
- Secured $100 million internal funding commitment for AI development
- Currently processing over $100 million monthly in SBA and conventional loans
- Proven track record with $11 billion in field-tested loans
- Revenue-funded expansion indicating strong financial performance
- None.
Insights
Ready Capital's technology division, iBusiness Funding, has made two significant announcements that could substantially enhance the company's competitive positioning in the lending space. The $100 million commitment toward AI advancement represents approximately 12.5% of RC's current market capitalization, signaling management's strong conviction in technology-driven growth.
What's particularly promising is that this investment will be internally financed through operating revenue, suggesting robust cash flow generation and financial health. This self-funding approach eliminates dilution or debt burden concerns while indicating management's confidence in both current operations and expected returns on this technology investment.
The company processes over $100 million in SBA and conventional loans monthly, providing a substantial data foundation that creates a potentially sustainable competitive advantage. Unlike competitors who might develop AI models using client data, iBF leverages proprietary lending data from its own operations, potentially creating more effective and proprietary algorithms while reducing regulatory concerns around data usage.
For investors, this represents a strategic evolution that could create dual revenue streams: enhancing operational efficiency in RC's direct lending business while potentially generating SaaS revenue from other financial institutions licensing the LenderAI platform. The agentic capabilities—allowing the system to execute tasks rather than just analyze—could significantly reduce operating costs in loan processing over time.
iBusiness Funding's launch of Lendsey AI represents a notable advancement in lending technology, particularly its agentic capabilities that go beyond analysis to independent action. While many fintech solutions offer decision support, truly agentic systems that can execute communications and processes autonomously remain relatively uncommon in regulated financial services.
The technical architecture appears comprehensive, with iBF's LenderAI platform integrating critical components like telephony, email processing, OCR, document generation, and e-signing—all essential elements for end-to-end loan processing automation. This full-stack approach potentially creates higher barriers to competition than point solutions focusing on individual aspects of the lending process.
What's particularly valuable is that this technology has been field-tested on over $11 billion in loans, suggesting mature algorithms and significant validation. For financial institutions, this reduces implementation risk compared to newer, untested solutions. The separate, secure environment approach also addresses a key adoption barrier for financial institutions concerned about data security and compliance.
The strategic focus on Small and Medium Business (SMB) lending is technically sound, as this segment has traditionally suffered from inefficient, manual processes while representing significant market opportunity. By tackling the complexity of business loans rather than more standardized consumer lending, iBF is addressing a higher-value problem where AI automation can deliver substantial efficiency gains and potential competitive advantage for Ready Capital.
“Today marks a major change for the way small businesses access capital,” said Justin Levy, CEO of iBusiness Funding. “Lendsey AI is both borrower- and lender-facing, augmenting both sides of the lending process with instant feedback and actually executing work on behalf of the borrower and lender. This announcement marks the beginning of a bold new era in financial technology – one where speed, security and intelligence converge to better serve the businesses that drive the
Lendsey is exclusively available as an add-on to iBusiness Funding’s secure end-to-end platform, LenderAI – a groundbreaking Loan Origination System (LOS) that enables financial institutions to use AI on their own terms in a separate, secure environment. With its own loan processing division, iBF processes over
“We have supported Justin and iBusiness Funding for the past decade and have seen the impact of their technology firsthand,” said Tom Capasse, CEO of Ready Capital. “Their exponential growth and evolution of product offerings without increasing costs are truly impressive, and we are excited to support them as they launch this next chapter in AI. With solutions that have been field-tested on over
This commitment of funds will be internally financed through operating revenue, reflecting the company’s strong performance and long-term confidence in AI-driven lending. With a decade of product innovation, domain expertise, and a trailblazing approach to agentic AI, the company is transforming the legacy lending process and powering the future of secure, intelligent, and autonomous lending.
To learn more about iBusiness Funding and Lendsey, visit ibusinessfunding.com/lendsey.
About iBusiness Funding, LLC
iBusiness Funding is a leading provider of lending solutions for banks and lenders of all sizes, specializing in SBA lending. The company is dedicated to streamlining the business lending process, enabling lenders to efficiently deliver capital to small and medium-sized businesses. iBusiness Funding has processed over
About Ready Capital Corporation
Ready Capital Corporation (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market investor and owner-occupied commercial real estate loans. The company specializes in loans backed by commercial real estate, including agency multifamily, investor, construction, and bridge loans, as well as
View source version on businesswire.com: https://www.businesswire.com/news/home/20250407922913/en/
Media
Derrius Rodgers
Caliber Corporate Advisers for iBusiness Funding
derrius@calibercorporate.com
Source: iBusiness Funding
FAQ
What is the significance of Ready Capital's (RC) $100 million AI commitment?
How much loan volume does iBusiness Funding process through Ready Capital (RC)?
What makes Lendsey AI unique in Ready Capital's (RC) lending operations?
How extensive is Ready Capital's (RC) loan testing experience with their AI platform?
