Jessie Szemraj Jessie Szemraj

Platform updates - April 2026

Read on for the latest XEN enhancements in our April update. Our focus this month was on reducing administrative friction, specifically by streamlining notification and e-signing workflows.

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Jessie Szemraj Jessie Szemraj

Platform updates - March 2026

This month, XENsights brings you updates centered on application flexibility and performance tracking. These features empower your teams to manage referrals, handle ad-hoc document requests, and monitor pipeline health more effectively.

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Jessie Szemraj Jessie Szemraj

Platform updates - February 2026

Building on the groundwork laid last month, the February XENsights focuses on powerful new reporting features and added system safeguards to help you manage your portfolio with greater precision and security.

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Jessie Szemraj Jessie Szemraj

Platform updates - January 2026

Happy New Year! For our first XENsights of 2026, we’ve launched major infrastructure improvements for core data visibility and redesigned the prospect underwriting experience for maximum speed and efficiency.

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Jessie Szemraj Jessie Szemraj

PRN Funding Selects XEN as its End-to-End Factoring Software Platform

New York, NY, 1/28/2026 – XEN, a leading origination and management platform for factors and commercial lenders, today announced that PRN Funding, celebrating 25 years as a factoring industry leader, has selected XEN as its end-to-end factoring software platform. Building on a strategic partnership announced in November and its launch of XEN for front-end sales and underwriting, PRN will now manage its entire factoring business on XEN – from initial prospect intake, diligence, and onboarding to ongoing client operations, management, and risk monitoring.

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Jessie Szemraj Jessie Szemraj

Platform updates - December 2025

As 2025 draws to a close, we’re thrilled to introduce a set of updates that bring greater transparency and collaboration to your deal management and client reporting workflows.

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Jessie Szemraj Jessie Szemraj

Platform updates - November 2025

In this edition of XENsights, we highlight significant enhancements focused on user control and transparency. We’ve added more self-service options and improved the way risk data is presented to your underwriting teams.

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Jessie Szemraj Jessie Szemraj

Platform updates - October 2025

Welcome to your monthly digest of XEN Platform updates. This October, we’ve delivered targeted features aimed at speeding up your daily workflows, especially around payments and funding records.

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Jessie Szemraj Jessie Szemraj

Platform updates - September 2025

Check out the latest product announcements in this month’s XENsights! We continue to expand our risk mitigation tools and enhance reporting capabilities to give you greater control and actionable insights.

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Jessie Szemraj Jessie Szemraj

Platform updates - August 2025

We’re excited to share the August edition of XENsights, detailing the platform improvements and new features designed to boost efficiency across your financing operations. As always, these updates are a direct result of your feedback.

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Jessie Szemraj Jessie Szemraj

Platform updates - July 2025

Welcome back to XENsights, your monthly look at the latest enhancements to the XEN Platform. This month, we've focused on delivering improvements to streamline your underwriting and operations workflows, driven by your valuable feedback.

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Jessie Szemraj Jessie Szemraj

Compliance Made Easy: A Guide to Regulatory Changes for Lenders

Maintaining compliance within the lending industry can often feel a lot like hitting a moving target…with a blindfold on. The ever changing regulations are sure to keep lenders on their toes, with a constant need to remain agile to avoid penalties and protect their businesses. Fortunately, compliance doesn’t have to be so complicated. With the right tools and strategies in place, lenders like you are able to stay ahead of regulatory changes and streamline company workflows. 

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Jessie Szemraj Jessie Szemraj

Maximizing Efficiency in Deal Onboarding: Tips and Strategies

In the ever changing lending landscape of today, efficiency isn’t just an aspiration to strive for, but a necessity for competitive advantage. Even the smallest delay in underwriting, data collection or document management can cost a lender the opportunity, create unhappy customers or leave the door open for compliance risks.  

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Jessie Szemraj Jessie Szemraj

XEN and Creditsafe Partner to Put Credit Risk Data at the Forefront of Lending Decisions

July, 2025, New York, NY – XEN, a leading loan management platform for commercial lenders and factors, today announced a strategic partnership with Creditsafe, the global expert in credit monitoring and risk management. Through the partnership, Creditsafe’s robust credit risk data will integrate into XEN’s platform, allowing lenders to use credit risk data from over 430 million businesses worldwide to make more informed, reliable credit decisions. 

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Jessie Szemraj Jessie Szemraj

Platform updates - June 2025

We're excited to share the latest updates and enhancements designed to improve your lending experience. This month, we've introduced debtor credit checks through our new Creditsafe integration and a convenient quick link for document management. Let's dive in!

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Jessie Szemraj Jessie Szemraj

Understanding Collateral Risks in ABL: A Guide for Lenders

In asset-based lending (ABL), collateral is the key to every credit decision. But as every lender knows, not all collateral is created equal, nor is the risk associated. Not thoroughly assessing a deal from both a collateral and risk perspective can be the difference between making money….and losing it. 

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Jessie Szemraj Jessie Szemraj

Mitigating Fraud Risk in Factoring and ABL: Proactive Measures and Best Practices

While we may like to imagine a land of lending without fraud, the reality is it simply doesn’t exist. Fraud isn’t the invisible monster under our beds we used to fear as children, but a very true reality that seems to grow more rampant every day. From fabricated invoices and phantom debtors to collusion and bogus borrowing bases, fraud schemes continue to evolve in complexity and creativity - especially with the use of AI. To protect your portfolio and ensure legacy success, it is critical to implement proactive fraud prevention strategies. 

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Jessie Szemraj Jessie Szemraj

Building a Strong Risk Management Framework for Your Factoring Business

Everyone knows that invoices - accounts receivables - are center stage in Factoring. Without invoices, there’s nothing to advance! However, where invoices go, risk follows. An unavoidable part of Factoring: credit defaults, late payments, operational oversights, and outright fraud are inevitably going to try sneaking their way into your portfolio. Just because risk is inevitable, doesn’t mean you can’t protect your business. Let’s dive into how to create a strong risk management framework that isn’t just best practice, but essential for substantial growth. 

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Jessie Szemraj Jessie Szemraj

Regulatory Compliance for Factoring Companies: A Comprehensive Guide

With the factoring industry growing and changing endlessly, regulatory compliance has become a key point of focus for lenders in the space. Regardless of tenure in the industry, staying compliant isn’t just about keeping senior lenders happy, it’s about building trust, reducing risk and creating efficient operational practice. Here, we will discuss the hot buttons of regulatory consideration, best practices, and the tools that factors like you can use to stay ahead of the curve.

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