Lendovative Technologies
- Company typePrivate
- Founded2022
- HeadquartersBrentwood, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
Lendovative Technologies firmographics
Firmographics- Name
- Lendovative Technologies
- Legal name
- Lendovative Technologies, LLC
- Website
- https://lendovative.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Lendovative Technologies industry classification
Industry- Product category
- Commercial Lending Software
- NAICS
- Sales Financing (522220)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- B2B SaaS & Enterprise Personalization (CRM, Sales, Support) (HDAAAGAJ)
- akta.pro secondary industry
- Asset-Based Lending (ABL) (FSANADAD)
Keywords
Where Lendovative Technologies is headquartered
LocationHeadquarters
- HQ city
- Brentwood
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Lendovative Technologies business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- BB-360 SaaS Platform Subscription: BB-360 operates as a SaaS (Software as a Service) solution, providing subscription-based access to financial institutions. The platform is accessed through a shared, real-time dashboard, suggesting a recurring subscription model with ongoing software access and updates.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Lendovative Technologies product offering
Product offeringCore offering
BB-360 is a cloud-based SaaS platform that automates collateral tracking and borrowing base management for credit unions and community banks. The platform continuously monitors business asset values such as accounts receivable, inventory, and other pledged collateral, replaces manual spreadsheet workflows, and issues covenant-breach alerts. It is sold as a standalone SaaS subscription to small and mid-sized commercial lenders.
Product overview
Lendovative Technologies offers a single core SaaS product: BB-360™. This borrowing base lending platform provides automated collateral tracking for financial institutions, enabling lenders to monitor accounts receivable, inventory, and other business assets in real-time. The platform serves community-centered financial institutions including credit unions and community banks, focusing on risk mitigation, loan diversification, and regulatory compliance through standardized methodology.
Differentiator
Problem solved
Functional benefit
Brands
- BB-360: SaaS platform for automated collateral tracking and borrowing base lending management, providing standardized, holistic view of borrower-based lending relationships for financial institutions.
Quantifiable outcome
- BB-360 can allow lenders to take proactive steps to mitigate risk, such as reducing exposure to a particular borrower or collateral type.
- +3 more outcomes
Companies that use Lendovative Technologies
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
Lendovative Technologies technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
Lendovative Technologies partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered flagship and core.
- MBFS (Member Business Financial Services)flagshipMBFS partnered with Lendovative to launch BB-360 as a game-changing lending solution for their credit union members. BB-360 is offered to MBFS's network of over 100 credit unions with a combined servicing portfolio exceeding $2.5 billion. The partnership enables credit unions to continually monitor collateral behind lines of credit while properly funding business members, helping capture the 'complete relationship' with business membership.
- RelProcoreRelPro's business development and relationship management platform is combined with Lendovative's collateral valuation solution to help financial institutions grow business lending. RelPro provides data on over 7 million companies including UCC, PPP, SBA, and Commercial Real Estate loan information, enabling lenders to identify prospects and decision-makers. This partnership combines RelPro's prospecting capabilities with BB-360's collateral tracking for a comprehensive commercial lending solution.
- Argos RiskcoreLendovative partnered with Argos Risk to integrate AR Surveillance third-party risk intelligence into the BB-360 platform. This partnership provides financial institutions with critical information to manage credit risk, including automatic alerts about lawsuits, liens, mergers, acquisitions, key executive changes, and other material events. Argos Risk assigns risk scores to companies' third-party relationships and monitors financial viability, trade payment behavior, and business health.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Lendovative Technologies competitors and assessment
Company assessmentDirect peers
- Abrigo: Abrigo (formed from the merger of Banker's Toolbox, Sageworks, and other fintechs) sells lending, credit risk, and regulatory compliance SaaS to community banks and credit unions — directly comparable customer base, business model, and regulatory focus as Lendovative's BB-360.
- Baker Hill: Baker Hill provides commercial loan origination, portfolio management, and risk analytics software to community banks and credit unions — overlapping with Lendovative's commercial lending workflow and target buyer profile.
- nCino: nCino is a cloud banking platform with a strong commercial lending and collateral management module suite, serving many of the same community and mid-market financial institution customers that Lendovative targets.
Broad incumbents
- Temenos: Temenos is a global banking software vendor offering commercial lending and risk modules to community and mid-sized banks — adjacent competitor with broader geographic reach and a more extensive product suite.
- Moody's Analytics: Moody's Analytics offers credit risk, collateral monitoring, and regulatory compliance solutions to banks globally — comparable in regulatory and risk-management value proposition to BB-360, but at much broader scale and across larger institutions.
- Q2: Q2 (now part of the combined Q2-Helix combination under Q2) provides digital banking and lending solutions to community banks and credit unions — overlapping in target customer and SaaS delivery, with a broader consumer and SMB digital banking focus.
- FIS: FIS is a large-scale banking technology provider serving community, mid-market, and large banks — overlapping in target customer and lending technology, though focused on much broader core and digital banking platforms.
- Jack Henry & Associates: Jack Henry provides core banking and lending technology (including its ProfitStars line) to community banks and credit unions — a broad incumbent in the same customer base, with potential to add collateral tracking functionality competitive with BB-360.
Emerging players
- MeridianLink: MeridianLink provides digital lending, account opening, and data analytics to credit unions and community banks — overlapping customer segments and SaaS delivery model, with a broader consumer-lending focus than Lendovative's commercial ABL niche.
- Lendio: Lendio is an SMB lending marketplace and SaaS platform that connects businesses with capital providers — comparable in serving the SMB financing workflow that Lendovative's credit union customers ultimately fund.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights5 records
Customer concentration
Lendovative Technologies social profiles
Digital presenceLendovative Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lendovative Technologies leadership team
Management profileNumber of profiles
Lendovative Technologies funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lendovative Technologies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lendovative Technologies
What does Lendovative Technologies do?
BB-360 is a cloud-based SaaS platform that automates collateral tracking and borrowing base management for credit unions and community banks. The platform continuously monitors business asset values such as accounts receivable, inventory, and other pledged collateral, replaces manual spreadsheet workflows, and issues covenant-breach alerts. It is sold as a standalone SaaS subscription to small and mid-sized commercial lenders.
Is Lendovative Technologies a public or private company?
Lendovative Technologies is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Lendovative Technologies founded?
Lendovative Technologies was founded in 2022. It employs 1 to 10 people.
Where is Lendovative Technologies based?
Lendovative Technologies is headquartered in Brentwood, United States, in the North America region.
How does Lendovative Technologies make money?
One revenue line is on record: BB-360 SaaS Platform Subscription.
Who are Lendovative Technologies's main competitors?
Direct peers on record are Abrigo, Baker Hill and nCino. Broad incumbents are Temenos, Moody's Analytics, Q2, FIS and Jack Henry & Associates. Emerging players are MeridianLink and Lendio.
Does Lendovative Technologies have an API?
No public API is recorded for Lendovative Technologies.
What industry is Lendovative Technologies in?
Lendovative Technologies's product category is Commercial Lending Software. Its primary akta.pro industry code is HDAAAGAJ, B2B SaaS & Enterprise Personalization (CRM, Sales, Support), with a secondary code of FSANADAD, Asset-Based Lending (ABL). Its NAICS code is 522220 and its SIC code is 6153.