In today’s rapidly evolving financial landscape, small and medium-sized businesses (SMBs) often face significant hurdles in accessing capital—especially in underserved communities. With the launch of Cyphr’s Data for Good program, we aim to change that by harnessing the power of data to empower SMBs, financial institutions, and support organizations. Data for Good provides essential, innovative tools that streamline capital access, reduce bias, and improve decision-making through meaningful, data-driven insights.

What is the Data for Good Program?

Data for Good is Cyphr's new initiative designed to promote financial inclusion and support underserved SMBs by equipping them with the tools they need to thrive. By partnering with organizations like Community Development Financial Institutions (CDFIs), non-profits, and economic development organizations, Data for Good enables SMBs to better understand their readiness for funding and gain access to meaningful capital. With our tools, Loan Ready and Cyphr Fund, we aim to redefine how businesses approach capital access and how lenders assess applicants.

Available Solutions

Organizations participating in the Data for Good program can access Cyphr’s two primary products:

• Loan Ready: A comprehensive loan readiness tool designed to help SMBs evaluate their funding eligibility before they apply. By simulating the loan process, Loan Ready provides actionable, personalized feedback, guiding applicants toward stronger applications.

• Cyphr Fund: An automated loan application platform tailored to financial institutions. Cyphr Fund streamlines the entire lending process, featuring cash flow analysis, KYC/KYB verification, and fraud detection, so lenders can evaluate applicants quickly and confidently.

Key Program Goals

Data for Good is grounded in four main goals:

1. Streamlined Loan Processes: Simplifying the loan application and assessment process to save time and improve outcomes for both SMBs and lenders.

2. Empathetic Declines: Providing applicants who don’t meet funding criteria with personalized feedback and actionable insights to help them become better prepared for future applications.

3. Enhanced Financial Inclusion: Supporting underserved businesses with tools and insights that improve their chances of securing funding, bridging the financial access gap.

4. Data-Driven Insights: Leveraging advanced analytics to understand SMB needs and trends, helping organizations target and support SMBs more effectively.

How the Data for Good Program Works

The Data for Good program provides a straightforward and effective approach for SMBs, leveraging Loan Ready and Cyphr Fund:

• SMB Application: SMBs apply for loans through Loan Ready or Cyphr Fund, depending on their stage of readiness.

• Screening & Analysis: Cyphr’s tools conduct cash flow analysis, KYC/KYB checks, and overall funding readiness assessments.

• Feedback & Guidance: If not yet ready, SMBs receive actionable guidance on how to improve for future funding opportunities.

• Loan Matching: For eligible applicants, Cyphr’s matching tools connect them with participating lenders or funding partners.

• Reporting & Insights: Partner organizations receive monthly reports detailing application trends, SMB readiness, and funding outcomes, helping them better serve their communities.

Who Should Join?

The Data for Good program offers unique advantages for various types of organizations:

• Community Development Financial Institutions (CDFIs): Empowering CDFIs with tools to better serve small businesses and their unique financial needs.

• Non-Profits & Economic Development Organizations: Providing valuable insights on loan readiness to help clients access capital.

• Banks & Credit Unions: Streamlining loan processes to serve emerging markets with confidence.

• Grant Applicants: Enabling grant-funded organizations to maximize their impact by improving economic inclusion and capital access.

Program Benefits for Partners

By joining the Data for Good program, partners receive several advantages:

• Cutting-Edge Technology: Transform your loan application and screening processes with Cyphr’s innovative platforms.

• Tailored Support: Dedicated training and support to integrate Cyphr’s tools seamlessly within your organization.

• Joint Marketing Opportunities: Co-market your success stories with Cyphr to demonstrate the impact of the partnership.

• Data-Driven Decision Making: Make informed decisions based on robust analytics to better serve SMB clients and improve lending criteria.

Why Choose Data for Good?

Cyphr’s Data for Good program offers more than just technology—it provides a pathway to empower communities, drive economic impact, and enhance financial decision-making for SMBs and the organizations that serve them. Whether through Loan Ready or Cyphr Fund, participants will leverage Cyphr’s AI-driven insights to make meaningful strides in financial inclusion and SMB support.

Join us on this journey to make capital more accessible and empower small businesses to succeed.

For more information about participating in the Data for Good program, contact us:

• Email: support@cyphrai.com

• Phone: 913-210-2333

• Website: www.cyphrai.com