FinTech Finance claims that Epic River, a US-based company, uses digital solutions including online applications and remote ID verification to link financial institutions with community financing possibilities. Zero Circle is a U.S.-based company that streamlines small- and medium-sized enterprises' access to green funding by automating sustainability evaluations and financial reporting.

The goal of the agreement, which targets mid-tier firms, is to expedite the process of acquiring green funding by integrating the digital platforms of both companies. Through this partnership, the efficiency of the loan application process will be improved by utilizing the power of Zero Circle's cutting-edge green finance marketplace and Epic River's vast network of community financial institutions.

Financial institutions may provide loans using easily navigable digital interfaces, such as online application procedures, electronic signatures, and remote notarization services, thanks to Epic River's platform.

The platform is now prepared to provide community banks and credit unions in its network with eligible green financing alternatives. In order to streamline the prequalification process for green loans, Zero Circle offers small and medium-sized businesses a technology-driven solution for tracking and managing their financial KPIs and sustainability initiatives.

By integrating the capabilities of both platforms, the strategic collaboration has the potential to greatly boost the availability of green funding. Zero Circle will direct consumers looking for green finance to the more than 2,000 lenders in Epic River's network as well as local financial institutions.

The market for impact and sustainable investments is anticipated to expand rapidly, reaching $22.5 billion by 2031, according to Allied Market Research. The finance industry's growing need for environmental and social sustainability is in line with Epic River and Zero Circle's partnership. The firms are dedicated to advancing green finance by adjusting to the changing regulatory and commercial environments.

“Green finance is relatively new and complex,” stated Hemanth Setty, CEO of Zero Circle. "Through our partnership with Epic River, we hope to streamline the application process for both borrowers and lenders, making green loans more accessible and bolstering businesses' efforts to be environmentally sustainable."

Epic River CEO Jeff Grobaski stated, "Our mission is to empower community banks and credit unions with new loan opportunities to fuel their growth." By working together with Zero Circle, we are now able to provide our network of lenders with a new solution that includes an outstanding set of tools and resources to assist them in entering the rapidly expanding green finance sector. Our partnership demonstrates our commitment to providing cutting-edge solutions that help financial institutions assist the clients and communities they serve.