Pulse has introduced the Unified Lending Interface, facilitating the integration of lending products into brokers’ and fintech platforms’ environments through Lending APIs.
These APIs provide real-time indicative offers, full application submissions, and quick decisions for banks, lenders, accountants, brokers, introducers, and their business clients, all while respecting origination limits. The objective is to streamline and optimize the lending process for all parties involved.
Unified Lending Interface (ULI)
Pulse’s Lending APIs are linked to its Unified Lending Interface (ULI), an infrastructure layer that combines various solutions into a single, user-friendly and developer-friendly interface. The ULI integrates onboarding, loan origination, loan management, and automated underwriting into one seamless process, promoting the automation of lending through prebuilt submission tools. Users can obtain customized quotes based on borrower data, including property valuations, public information, and diverse alternative data streams. Designed to be scalable, it can handle thousands of applications instantly. This approach helps dismantle barriers that currently prevent businesses from accessing funds and making informed decisions while enabling lenders, brokers, and introducers to better serve their clients and expand their offerings. Furthermore, the embedded finance features offer new revenue opportunities for platforms, benefiting businesses.
In its initial month using Pulse’s Lending APIs, Nucleus Commercial Finance saw a 50% increase in applications. Ninety-five percent of all applications were processed within 60 seconds, resulting in a 100% surge in the number of loans disbursed compared to the same period in 2024.
LoanTube has incorporated Pulse APIs into its AI-driven platform, alongside real-time data from Companies House, credit bureaus, and fraud detection systems. With Pulse now part of this ecosystem, small and medium-sized enterprises (SMEs) can access a wider range of instant, pre-qualified loan offers, enabling them to quickly identify and secure the funding that best suits their needs without delays or redundant data entry.
