TechnologyJune 6, 2026 · 4 min read
Data Enrichment: Filling the Application Automatically
Enter a website or EIN and watch the application complete itself. Here is the technology behind it.
The longer an application, the more people abandon it. The newest platforms attack this problem by filling in the application for you.
From one field to a full profile
Using business-data providers and public records, a platform can take a single input — a website, business name, or EIN — and return the legal name, entity type, address, formation date, and more. The applicant just confirms.
Less typing, more completions
Every field you pre-fill is a field the borrower does not abandon over. Enrichment turns a ten-minute form into a two-minute one.
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