Scienaptic, the world’s leading AI-powered credit decision platform provider, announced the deployment of its platform at American Cycle Finance (ACF). This implementation will enable ACF to use AI for making sharper credit decisions and assist automobile dealers in selling more vehicles to clients with limited or no credit history. 

ACF is partnered with more than 450 motorcycle retailers across 24 states in the U.S.,  offering borrowers a unique opportunity to re-establish credit and a second chance to finance a motorcycle. 

"We are very excited to deploy Scienaptic's AI-powered credit decisioning platform. Through Scienaptic’s adaptive AI, credit access for motorcycle buyers is further enhanced. Many more customers (up to 1.5-2X) who have experienced credit turn-downs or declines in the past will be able to get approval, regardless of FICO score,” said Ben Donnarumma, President of American Cycle Finance.

Pankaj Jain, President of Scienaptic, added: "We are very pleased to help ACF increase credit approvals while reducing delinquencies. Early results are very promising, and we hope to build on it as we test and learn on Scienaptic’s AI-powered credit decisioning platform.”