What is Presta? A Lending Platform Tailor-Made for Small Business Lenders

We're excited to introduce Presta, a software built for CDFIs, revolving loan funds, credit unions, and community banks, to make lending to small and medium sized businesses easier, faster, and cheaper.

About Presta

Presta is Digital Lending Infrastructure for CDFIs, RLFs, community banks, and credit unions. Our mission is to simplify the lending process for financial institutions so they can focus on serving their communities and making a positive impact. Presta’s core focus is helping lenders lend to businesses more efficiently while empowering lenders to prioritize relationship-building. The platform is tailor-made for small businesses and commercial lenders to accelerate the loan application and determination process. We have done over 100 interviews (and counting) with lenders to shape the platform to be the perfect fit for all your lending needs.  

Our Lending Software

Presta is a one-stop platform to manage the entire lending process from start to finish, including:

  • Outreach
  • Application
  • Underwriting
  • Closing
  • Servicing
  • Reporting

Our product is built to be easy to use by anyone while still holding our tech-and integration-forward approach, setting it apart from other products in the space. This approach is a critical element in providing the seamless "all-in-one" experience on our platform for anyone on your team to use.

With Presta, small business lenders can revolutionize their credit products using automation, enhanced data and analytics to simplify and accelerate lending decisions. Presta will become a critical springboard as organizations continue to innovate the financial services ecosystem.

Presta Team

Founded by Leopoldo Peña and Peter Truog, Presta builds on the success of the founders’ first company, The Opportunity Exchange, which helped cities connect local businesses to equity investors. With years of industry expertise in both lending and technology, Leo and Peter understand what it means to be a customer-obsessed company. While it may seem like table stakes, the listen-first approach to customer discovery has been recognized as noteworthy by the lenders using Presta’s platform.

Presta also recently raised an investment round to support platform roll out and accelerate the loan origination process for lenders and borrowers. These funds are enabling our amazing team to listen to customers, build out new features, and help more funds connect capital to small businesses across the country.

What's next for Presta?

Since launching this year we have already begun working with Lenders nationwide including significant partnerships secured with organizations such as the CDFA. We are excited to announce more partnerships soon! If you are a CDFI, RLF, credit union, community bank, or any network working with organizations like these we would love to hear from you and see how we can work together. 

We hope this introduction has given you a better understanding of who we are and what we do. At Presta, we're committed to helping lending institutions succeed in their mission to serve their communities. If you're interested in learning more about our lending software or have any questions, please don't hesitate to contact us or book a demo below!

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