Ned, a leading infrastructure platform for modern small business lending, announced the launch of Spotlight, its first modular solution designed to give lenders instant visibility into a borrower’s real-time cash flow performance.
Spotlight enables lenders to quickly assess borrower health in moments where speed and simplicity are critical. The product addresses a growing market need, as many lenders remain reliant on legacy systems that lack real-time visibility and which slow down credit decisions.
“Lenders needed something lighter, faster, and easier,” said Dave Silverstein, CEO of Ned. “Spotlight is built for those critical moments when getting to the truth matters most.”
Addressing a Growing Need in a Volatile Economy
As inflation and tighter margins squeeze borrowers, delayed insight creates real risk. Spotlight gives lenders instant access to live cash flow data, enabling faster, smarter decisions at key moments like pre-qualification, mid-loan check-ins, and risk reviews.
“Spotlight gives you instant access to real-time cash flow data—no manual work, no delays,” said Mayur Motgi, Ned’s Chief Product Officer.
By enabling lenders to pull and assess real-time bank data from multiple accounts in seconds, Spotlight is built to help teams:
Pre-qualify borrowers quickly: Screen borrowers before a full app, saving time and focusing on the right leads
Check balances before repayments: Avoid failed ACHs by verifying liquidity in real time
Spot risk early: Monitor borrower health and act before issues escalate
Spotlight’s Key Features
No-Code Setup with Borrower-Friendly UX: Fast to deploy and simple to use for both lenders and borrowers
Custom Eligibility Score: Set unique cash flow criteria in minutes, fully aligned with your credit policy
Instant cash flow verification: Pull real-time bank data in seconds, no PDFs or manual uploads required
Multi-account access: Analyze multiple bank accounts per borrower for a complete financial snapshot
Lightweight and Flexible: Deploy for pre-qual, underwriting, renewals, or post-close reviews, wherever visibility matters
“Spotlight lets lenders apply their own credit criteria to quickly qualify borrowers or flag signs of distress,” Silverstein added. “In a challenging economy, targeted visibility helps strengthen both pipeline and portfolio oversight, while reducing cost and complexity. We’re proud to bring this to market and grateful to the lenders who helped shape it.”
