Baker Hill and Lumos Integrate Predictive Analytics for SMB Lending

The collaboration centers on integrating predictive insights directly into the loan origination process. Through Baker Hill’s SMB Digital Experience, lenders can now access the Lumos Prime+ score, which synthesizes thousands of data points to evaluate creditworthiness. This integration allows financial institutions to process small business loans in under a minute, a shift intended to lower origination costs and broaden access to capital for local businesses.

Beyond speed, the partnership focuses on portfolio health. Baker Hill clients can perform an introductory backtest of the Lumos score against historical lending decisions to uncover previously missed growth opportunities and gauge the potential impact on future yield. Andy Ivankovich, CEO of Baker Hill, stated that the move is designed to help institutions unify their lending data and make more confident credit decisions. Brett Caines, CEO of Lumos, emphasized that the goal is to help lenders scale their small business portfolios without compromising on credit quality or increasing operational complexity.