Ned

What Ned is

Ned is a cloud-based, web-accessible loan management platform for launching and scaling small-business and commercial lending programs. It supports fixed-term loans, lines of credit, and revenue-based financing. Lenders can apply their own branding, credit policy, disclosures, borrower messaging, and portal. The borrower portal handles applications, document uploads, electronic signatures, application status, balances, repayment history, and lender messages. Ned analyzes connected-account transactions for deposits, expenses, seasonality, cash runway, burn rate, and volatility. Portfolio Oversight provides live balances, payment status, configurable risk signals, and reporting exports. Servicing and Monitoring describes automated ACH collections, real-time balance checks, and cash-sensitive scheduling. Open banking connections are included in pricing. Ned says most institutions launch in 4 to 8 weeks with guided onboarding, implementation management, training, playbooks, and ticket support. Custom pricing uses monthly SaaS fees plus a one-time implementation and setup charge, based mainly on user seats. Its API suite is described as upcoming.