Business Loan Capital (BLC) Chooses LenderAI to Streamline Originations in its Bridge Lending Business

FORT LAUDERDALE, Fla., Sept. 9, 2025 /PRNewswire/ -- iBusiness Funding announced today a new partnership with Business Loan Capital (BLC), a private, non-bank, direct real estate lender. Leveraging iBusiness Funding's LenderAI solution, BLC can now originate and process bridge loans faster and with greater transparency, enabling them to scale their lending business and originate more loans. By adopting LenderAI, BLC will empower applicants to gain the capital they need to thrive by streamlining loan approval processes.

BLC's selection of LenderAI as their loan origination system reflects a broader trend of non-bank lenders opting to use digital tools for scalability and flexibility and speaks to the product-agnostic nature of LenderAI. iBusiness Funding's expansion of the LenderAI platform to support conventional loans as well as SBA loans enables lenders like BLC to offer a broader range of loan products to their clients.

"We're honored BLC chose LenderAI to help streamline their loan application and approval efforts," said Kos Joshi, CBO of iBusiness Funding. "This partnership demonstrates how LenderAI's flexible design supports more than just SBA lending and enables high-performing, tech-forward lending operations. We look forward to the powerful impact BLC will deliver to SMBs through their use of LenderAI."

LenderAI enables BLC to expedite loan intake and processing, reduce manual workloads, automate underwriting and credit memo generation, and improve visibility while maintaining their high-touch client service model. The partnership also supports iBusiness Funding's mission to help SMBs that don't typically qualify for traditional bank loans.

"Adopting LenderAI contributes to BLC's long-term growth efforts, and being able to scale and process more loans with less overhead helps us execute our digital transformation strategy. Through this partnership, we're able to streamline operations while still delivering quality service," said David Manser, President and Chief Lending Officer at BLC.

To learn more about LenderAI, visit www.ibusinessfunding.com/lenderai.

About iBusiness Funding, LLC
iBusiness Funding is a leading provider of lending solutions for banks and lenders of all sizes, specializing in SBA lending programs. The company is dedicated to streamlining the business lending process, enabling lenders to efficiently deliver capital to small and medium-sized businesses. iBusiness Funding has helped lenders process over $7 billion in SBA loans to date and handles over 1,200 business loan applications daily. iBusiness Funding is owned by Ready Capital Corporation.

About Business Loan Capital (BLC)
Business Loan Capital is a private 1^st mortgage direct lender on Commercial Real Estate purchase and refinance transactions. BLC provides financing with short term Bridge Loans (12–36 months), Conventional Loans (5-year term with 25-year amortization), and SBA 504 Loans. Loan sizes range from $2MM to $20MM. BLC underwrites and funds all transactions in-house through their own Real Estate fund, BLC Prime Lending Fund II LLC. Under this fund, BLC has successfully closed over $650MM in commercial real estate loans and has over $1.5B in total originations through its various lending platforms. BLC is also proud to announce the pending launch of their Private REIT. The assimilation of LenderAI into daily operations will be critical to the success of BLC's current fund and growth of their new REIT.

SOURCE iBusiness Funding