The constraint on growth and resilience is not capital or demand. It is conversion.
Capital supply
$4.8tn
of committed lending capacity undrawn, in the US alone
Capital demand
$5.7tn
of unmet finance demand from small and medium businesses
Blockers
Blockers
$4.8tn of unused loan commitments held by US banks outside consumer card, home-equity and commercial-property lines, which is capital already committed to lending that no borrower has drawn: FDIC Quarterly Banking Profile, Q4 2025. Total US unused commitments are $10.6tn including those consumer lines. No equivalent figure is published globally, and we have not scaled this one: committed revolving facilities are far more prevalent in US corporate lending than elsewhere, so any multiplier would say more about the assumption than the market. The global figure is larger, by an amount nobody reliably measures. $5.7tn MSME finance gap, measured on a 2019 base year across 131 developing economies: IFC / SME Finance Forum.
A further $92bn sits undisbursed on IBRD loan balances (World Bank financial statements, FY2025). That money is already committed to named borrowers, so it is not capital seeking demand and is counted apart from the figure above.
Other measures of unmet demand sit on different bases and are never added to the figure above: a $15tn cumulative infrastructure investment shortfall to 2040 (G20 Global Infrastructure Hub / Oxford Economics), and $2.5tn of trade finance demand left unmet in a single year (ADB Global Trade Finance Gap Survey 2025). One is a shortfall accumulated to a future date, one a stock gap from a 2019 base year, and one a single year of unmet flow. They plausibly overlap.
HOW IT WORKS
01 / 05
01. Broad, automated & transparent data on any entity
As ecosystem members bring each other on to the platform through network nudges, an extensive layer of data provider integrations, modelled & reasoned interpolations, and self-reported data points immediately provide permissioned detail on any organisation or asset.
01. Broad, automated & transparent data on any entity
HOW IT WORKS
02 / 05
02. Real-time assessment against frameworks and financing mandates†
Every data point is evaluated against the frameworks capital already uses, for risk, resilience and regulatory reporting. A foundation on the 423 data ontology means that one low-level data point can serve many framework evaluations at once, with a fully transparent provenance behind every result.
02. Real-time assessment against frameworks and financing mandates
HOW IT WORKS
03 / 05
03. Distil complex market signals into tailored operational actions
Built on a novel approach to AI that emphasises decision-grade reasoning, the 423 platform scans a wide variety of data sources, market signals and an entity's own posture to surface the most impactful objectives to take on across entire portfolios.
03. Distil complex market signals into tailored operational actions
HOW IT WORKS
04 / 05
04. Matched to financing, grants, products & services, at the point of decision†
Capital providers populate their lending products and financing offers with eligibility criteria, and the platform matches the businesses that appear to meet those criteria exactly where a decision gets made. A business sees the options whose published criteria its own data appears to meet and can choose to approach the provider. The eligibility decision, the terms, the contract and the funding all remain the provider's. Terms and partner offers from across the network can sit on top, so the right financing reaches the right business at the right moment.
04. Matched to financing, grants, products & services, at the point of decision
HOW IT WORKS
05 / 05
05. Every transaction refines the loop
Every deal leaves evidence behind, and it comes back as origination: products sized to demonstrated demand, eligibility criteria tuned to the businesses that actually convert, and the cohorts falling just short of today's criteria made visible before a competitor finds them.
The transactions that follow become the map for the capital behind them.
05. Every transaction refines the loop
INSIDE THE PLATFORM
An experience businesses actually use
A business describes an ambition in plain words and the platform distils it into grounded objectives, with the readings, financing and actions that follow. Guided workflows collect exactly what is needed and give immediate, tangible value in return. Data quality rises because the business is a willing participant, not a subject.
One view for every capital team
Origination, credit, risk and portfolio teams read the same living picture of the cohort: which SMEs appear to meet the criteria, which are progressing, and where capital can move next. Each person runs theirs as projects, an operational container holding the objectives it pursues, the counterparties in reach, and the financing recorded against them. Prioritised actions, not raw numbers.
Track the whole book at scale
Monitor data coverage, eligibility and outcomes across the entire cohort, with objectives evaluated per member and resolved fresh as readings land. See which businesses now appear to meet your criteria, which are close, and where the largest financeable opportunities are as the picture updates.
Beyond-banking partner services
The platform is designed to surface what suppliers, installers and specialist vendors publish across your network, so the products and services a business needs reach it when its own data shows the need.†
WHO IT SERVES
Tailored lenses on the same permissioned data, getting impactful deals done.
A deal on FourTwoThree is a shared evidence base read from many sides. Select an actor to see the platform from their side of the deal.
See the demand your book already holds, and the demand beyond it.
Your products carry their eligibility criteria as executable conditions, and businesses carry records with the provenance behind them. The platform holds both sides of that match and keeps it live, from publishing a product through eligibility and evidence to drawdown and repayment.
What it solves
01
Origination stops depending on who walks in
Businesses that appear to meet your criteria surface from your own client book and from beyond it, matched on records whose provenance you can inspect. Pipeline becomes a query rather than a campaign.
02
Small tickets clear economically
Eligibility and evidence resolve against live business records instead of document rounds, so the cost of doing a deal falls far enough that ticket sizes you used to decline now pay.
03
The near-misses stop disappearing
The businesses falling just short of today’s criteria are counted and visible, so criteria can be tuned, or a product sized, against demonstrated demand rather than a guess.
04
The readings behind your risk position, not estimates
The same records you price against carry the provenance a supervisor asks for, so the exposure you disclose and the financing that reduces it come from one evidence base.
Verifiable by design. Built to institutional standards.
Designed for regulated institutions
Developed with the financial institutions that will use it, aligned to the governance standards they hold themselves to. A SOC 2 Type II attestation and ISO 27001 certification are both in progress.
Permissioned access, glass-box data
Every non-public data point is permissioned at source: SMEs, lenders and partners exchange data through explicit, revocable grants, and reads stay closed until a grant opens them. Every figure carries an ordered provenance trail showing where it came from and how it was derived, so capital can stress-test the data rather than take a model's word for it.
Configurable frameworks
Define any assessment, whether regulatory, resilience or sustainability, as a configurable framework over the same data. New requirements become new configurations, not new projects.