Trade Ledger, established in 2016, is a cloud-native Banking-as-a-Service (BaaS) platform for better SME & Mid-Market lending that supports many secured lending categories including Invoice Finance, Commercial Loans (RCF), Equipment Finance, Asset-Based Lending (ABL), Supply Chain Financing & Factoring. Trade Ledger is a complete digital business lending operation for customers, introduces and bank staff. We create a channel (Internal & External) to support all major types of cash flow lending products and enable faster growth. The platform is fully compatible with embedded finance products. Our unique understanding of electronic invoicing, and other business transaction technology has enabled the creation of a supply chain transactional network that is at the core of the Trade Ledger platform. This provides unparalleled access to the B2B transaction data that underpins receivables. We use this unique ability to determine payment risk and fraud accurately for any receivable. For our lending customers this equates to unfair advantage through superior underwriting capability and ultimately much needed product innovation to address this underserved market. The platform further enhances our Lender customers’ business via the network effect, whereby the enhanced products drive greater customer adoption, which in turn drives further market demand and product innovation investment.