{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/a340ca448ea84465887052cc1861b24a\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/a340ca448ea84465887052cc1861b24a-e78a8ffe51348c56.gif","duration":122.389,"title":"Backstop Underwriting and Investor Risk Control","description":"This Loom explains how Backstop manages commercial small business loan applications and funding. It first shows a borrower filling out a simple loan form for underwriting, using an example of a bakery that submits required details. An agent processes the application and uses the MasterCard service to request real world data such as money related reports, background checks, and company reports to finalize underwriting and create the commercial loan. From the investor perspective, Backstop operates as a marketplace where multiple investors can participate and offers three risk tolerance levels so investors can choose the credit risk and reward expectations they want."}