Kreditz helps commercial real estate providers assess applicants using real time financial data instead of relying on outdated credit bureau checks and manual documents. This reduces unnecessary rejections, speeds up approvals, and gives providers a clearer view of affordability for both individuals and businesses renting offices, storage, or other commercial spaces.

Traditional processes often rely on credit bureau checks based on past taxable income, plus manual collection of salary slips and employment contracts. This can lead to unfair denials if a previous year income was unusually low, and it slows the application journey. Manual documents also come with a higher risk of manipulation.

Kreditz verifies income digitally through Open Banking, pulling categorized income data directly from an applicant’s bank account with consent. Providers can verify income across the last 3, 6, 9, or 12 months, giving a true picture of current income and stability.

Applicants can complete income verification in about 30 to 60 seconds, without uploading pay slips or employment documents. This creates a smoother experience and removes friction from the process.

Credit bureau data reflects declared taxable income from previous years. Kreditz uses real time transaction and income streams from recent months, which shows what the applicant can afford today, not what they earned a year or two ago.

Yes. Kreditz can identify income beyond the primary salary, such as additional employment, rental income, or other recurring streams. This broader view can improve approval rates by highlighting financial strength that traditional checks miss.

Kreditz calculates true repayment capacity based on actual incoming and outgoing transactions from recent months. This enables more precise rent affordability decisions and reduces rejections caused by incomplete or outdated information.

Because the data comes directly from the bank, the verification process is automated and tamper proof. This removes the risk of document manipulation and reduces the chance of mistakes from manual review.

By replacing manual document handling with automated income verification and decisioning, the overall application process can be sped up by up to 80 percent, leading to faster decisions and a better applicant experience.

Yes. With Open Banking data, providers can revisit denied applicants using recent financial history to see if income or stability has improved. This makes it possible to offer a fair second review and potentially convert borderline cases into approved tenants.

Fully. Providers can define their own approval rules, including which income sources count, minimum affordability thresholds, limits on enforcement payments, exposure to existing loans, or even gambling expenditure. This gives providers control to match decisions with their risk profile.

Yes. If an applicant cannot afford a specific property, the financial data can support personalized recommendations for alternative apartments or units within their affordability range. This improves the user experience and increases the chance of converting a denial into an approval.