The weighted score that sits behind our algorithm is what drives your results. The model is calculated based on business size, revenue, region, etc and abstract weighted by the real-time health and performance of the business against our clients portfolio and peer ranked against other GFA partners.
Most lenders develop and track their own internal metrics to suit their organisation. We provide unique augmented SME owner insight to compliment what you already do/have, so they can make even more informed decisions.
No, we don’t get involved with your own internal credit risk and loan management processes.
We focus purely on the business health performance of a lenders portfolio. This is to give you added value information to support your own internal financial risk and lending processes.
Yes, GFA tells you which appraisal emails have been opened and also provides a list of those which have completed their assessment, along with those who haven't.
We are not involved in the actual terms of a lending agreement, therefore the creation of covenants would be under the discretion of the lender/client relationship.
But we do stipulate that you make it mandatory for clients to complete their GFA quarterly appraisal on an ongoing basis, making this part of their ongoing financial agreement.
This feature is available at our Enterprise level.
Our algorithm design was built from direct question study of 6,500 SMEs with a globally reknowned business school, coupled with a 6 month data analysis with a Tier 1 financial lender and a focus group of their customers. This is how we designed our unique growth AI appraisal model to predict SME growth, and is continually refined through use.
Yes, you can directly compare specific clients and their responses against one another in the platform. For instance, you may compare business health and performance by staff numbers, revenue, sector and 20+ other growth KPIs.
GFA does not pull any external data sources. Instead, we source pure insight directly from your own customers.
This gives you new information that you may not have been aware of, helping you to reduce risk, cost and improve business performance.
"We are all starting to realise the importance of building intelligence around the SMEs that we support. GFA helps to ensure we effectively track the progress of SMEs, enabling us to better serve them."
- Richard Myers, Commercial Director
"Proud to partner as they provide a data-driven and technological approach to tackling financial inclusion, for the benefit of the banking sector and wider society!"
- Julie Baker, Head of Enterprise and Climate Engagement and Partnerships
"In a challenging environment for anyone lending money to companies, GFA provides an inclusive solution that helps financial service sector firms identify the type of clients most likely to deliver long-term growth and manage risk with more confidence. This allows them to make better lending decisions that will support their business objectives."
- Marcus Scott, former COO