Learn How LendKey transformed merchant risk & onboarding
Before, LendKey's compliance process was:
✓ Manual: Reviews relied on phone calls or online searches
✓ Infrequent: Conducted checks only once per year.
✓ Risk-prone: Contractors could lose compliance mid-cycle, having their licenses suspense or revoked by a government agency before the license expired without LendKey knowing.
Continous Merchant Monitoring Through Verdata powered by Mesh
✓ Instant license validation across all 50 states, D.C., and Puerto Rico
✓ Push alerts whenever a license status changes
✓ Automated monitoring for expirations, suspensions, and disciplinary actions