Mirador

lendingother lendingsme financing

STATUS: Acquired/Merged
FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 05/04/2021

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About

The best small business lending experience starts with Mirador. Our platform powers customer acquisition, digital loan application and digitization, intelligent product routing and pre-screening, data management, and borrower communication. Built exclusively for banks, credit unions and other traditional lenders, Mirador supports all small business loan products including lines of credit, term loans, SBA backed loans, commercial real estate, and collateralized loans for up to $20 million.

MEDICI Analysis

Mirador provides a SaaS-based lending platform for financial institutions that helps the loan origination process and underwriting practices. The cloud-based loan processing platform delivers an easy borrower experience and rapid decisions to make underwriting SMB loans fast and profitable.

Focus

PRODUCTS & SERVICES

Software based lending service for SMB loans to the financial institutions. It simplifies the lending process, reduces transaction cost and improves risk monitoring services. Using the SaaS platform, banks can quickly assess risk and offer loan pricing to small businesses.

REVENUE MODEL

Assuming company earns revenue by charging software licence fee.

MAIN CLIENTS

Banks

Credit Unions

Financial Institutions

Tradational Lending firms

COMMENT

Mirador leverages data science to help banks, credit unions and lending nonprofits provide more and better credit to small businesses; minimizing credit losses and dramatically increasing the speed of transactions for all participants.

Traction

VALUATION / MARKET CAP:

$46.67 M in 2015

COMPANY TYPE:

For Profit

company provided insights
Acquisitions

M&A

ACQUIRED BY

CUNA Mutual Group

ANNOUNCED DATE

Dec 2018

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

405

AVERAGE VISITS (6 MONTHS)

559.17

MONTHLY VISITS GROWTH

-4.31%

VISIT DURATION

42

VISIT DURATION GROWTH

-38.34%

PAGE VIEWS VISIT

1.75

PAGE VIEWS VISIT GROWTH

-61.3%

BOUNCE RATE

69.43%

BOUNCE RATE GROWTH

34.99%

GLOBAL TRAFFIC RANK

10,332,995

MONTHLY RANK CHANGE

-1,235,342

MONTHLY RANK GROWTH

-10.68%

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