Carrington Labs builds cash flow underwriting models as well as tools for loan and limit sizing, post-origination limit management, and early-warning systems for banks and non-bank lenders. It uses contemporary data-science techniques, machine learning, explainable AI, and alternative sources of data to help lenders modernize their decision-making processes, provide the right offers to customers, increase approval rates, and improve margins.
Working across the consumer and small-business lending space, Carrington Labs can pilot a tailored credit risk model for a lender in days, and onboard a lender in weeks, driving significant improvements in growth and returns.