Spurred by bank interest, small-business lending platform Biz2Credit has unveiled a software-as-a-service version of its loan management, servicing and risk analytics product.

After HSBC and New York-based Popular Bank contracted with Biz2Credit to use the software, the company decided to launch the platform for all banks to use. Banks can white label the fintech's user interface and artificial intelligence-developed analytics through what the company is calling the Biz2X Platform.

The fintech’s loan management features includes loan level pricing and customizable credit policies.

“Good lending platforms must provide end-to-end credit control from underwriting to collections and must have built-in intelligence and regulatory controls to serve clients in both current and a challenging economic environment ahead,” said Ash Gupta, former chief risk officer of American Express, in a press release.

Initial implementations with HSBC and Popular Bank provided Biz2Credit with insight on how to develop the Biz2X Platform, said Vineet Tyagi, global chief technology officer at Biz2 Credit.

“Biz2X is designed on a microservices architecture that allows it to connect seamlessly into other tools across the whole technology ecosystem,” Tyagi said. “The platform is also SOC-2 certified, which means it has passed the industry’s highest level of security testing.”