Hum explains how AI and credit judgment help lenders
President Stephen Isaacs, with experience at BMO and Merrill Lynch Capital, discusses combining AI with traditional credit underwriting.
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AI-powered funding platform
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In short: Hum secured a major industry award for its business lending platform and facilitated significant growth capital for the logistics sector.
President Stephen Isaacs, with experience at BMO and Merrill Lynch Capital, discusses combining AI with traditional credit underwriting.
The funding enabled the logistics provider to expand its truck fleet and enter new markets without overextending its balance sheet.
Stress is concentrated in poorly underwritten 2021–2022 vintage deals, while healthy businesses benefit from selective lending.
Blair Silverberg becomes Head of Advanced Analytics and the firm secured a $200 million debt facility supporting growth of its small-business lending platform.
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