BHG Financial

BHG Financial is a fintech company founded in 2001 that provides data-driven unsecured personal and business lending solutions to professionals, small business owners and financial institutions across the United States. The firm began with $25,000 in startup capital and has since originated more than $27 billion in loans. It is headquartered in Fort Lauderdale, Florida and Syracuse, New York.

Its lending products comprise large-amount, unsecured personal loans for accomplished professionals and unsecured business loans for small business owners, both offering fast approval without collateral and terms of up to 12 years. A third line of business, the Institutional Network, gives community banks access to BHG's loan programmes and lending technology; more than 1,700 community banks participate in the programme, which has sustained zero dollars of loss for bank partners on the core loan programme.

The company's technical work centres on proprietary analytics, quantitative modelling, data-driven underwriting, credit risk modelling and fintech platform development. Rigorous credit standards and data-driven decision-making underpin its underwriting processes. BHG Financial operates across financial services, banking, lending, small business finance and healthcare, having begun as a healthcare lender.

The firm describes itself as operating at the intersection of lending, technology and customer experience, with an emphasis on a hassle-free process and personalised concierge service for its borrowers.