For the vast majority of over 30 million SMBs in the US struggling with finances, BodeTree offers a clearer pathway to economic stability. - iCrowdNewswire

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Aug 12, 2016 8:29 AM ET

For the vast majority of over 30 million SMBs in the US struggling with finances, BodeTree offers a clearer pathway to economic stability.

iCrowdNewswire - Aug 12, 2016



For the vast majority of over 30 million SMBs in the US struggling with finances, BodeTree offers a clearer pathway to economic stability. Our software connects seamlessly with bank accounts and accounting systems, giving business owners real-time, automated access to data-driven insights that were once available only to their larger, enterprise-level counterparts.

For banks and other financial institutions, BodeTree provides visibility into their small business client’s financial activity and health, giving them all the resources they need to better serve the SMB market more efficiently, more effectively, and more profitably than ever before.

BodeTree is full steam ahead. Our platform is fully developed, in the market, and we’ve enjoyed a massive and growing customer base of tens of thousands of SMB users since we launched in 2010. About a year ago we shifted gears to focus on scaling our institutional partner network — and multiple heavy-hitters in the financial world have already harnessed our platform:

And more!

All we need now is a little push to help BodeTree reach the next branch up.


The entrepreneurial spirit is alive and well in the twenty-first century.

But if small businesses appear to be experiencing something of a heyday, then why do half of them tend to fail within the first five years of inception? One of the main reasons: financial illiteracy.

Traditionally, business owners might turn to an accountant or a bookkeeper to handle their financial matters. The problem with that approach? Most small business owners simply don’t have the billfold to rely on professional services. And most software-based solutions are expensive and time-consuming.

As a result, small business owners carry on as normal without proper insight into their operations while still others choose to ignore that the issue exists altogether.

At the same time, the 10,000+ US-based financial institutions that directly serve SMBs are struggling to provide customized products and affordable services that meet the needs of their clients, like easy access to capital, for example — creating a huge gap that has largely gone unfilled.


Unlike most fintech startups who set their sights on “disrupting” the banking industry, BodeTree’s strategy is to tap into the data reserves that banks already have to create win-win scenarios between both the SMB end-user and the institutional partner.  

For Small Businesses
Whether you’re a brand new startup, in your growth stage, or already well-established in the market, BodeTree makes it possible to go from having zero bookkeeping to a full suite of accounting and financial information committed to helping you better plan for the future in less than 5 minutes.

Our user-friendly tool connects you to a direct network of over 20,000 financial institutions, automating the entire accounting process to give you full access to every aspect of your financials in one easy-to-navigate, centralized location.

For Institutional Partners
BodeTree not only unlocks all of the valuable data trapped inside SMBs, we also take all of the guesswork out of how to use that data in the most effective ways possible. On top of key insights like wallet share, covenant monitoring, and proprietary small alerts, our in-app messaging platform will automatically send out targeted sales messages to the right person at the right time.

Imagine having the ability to see where your client is building their new facility, and then offering them insurance right through the app, or security and data breach solutions if they happen to be building software. BodeTree can even automatically create a loan package that traditionally takes 90 days in just a matter of minutes.


If you’re a small business owner, think of BodeTree as your own personal digital, automated CFO that organizes your business finances while giving you actionable insights into achieving greater financial well-being. Not a financial expert? No problem! Our full suite of services is tailor-made to simplify all of your company’s economic needs.

Cash Tracking
Gain real-time insight into your business. View spending, profit and loss,
months of cash and more at-a-glance. Transactions categorize automatically.

View your income statements, balance sheet, and cash flows.
Watch growth trends and navigate key value drivers.

See your overall trend line for the next 5 years, or a more detailed monthly view.
Adjust your business forecast and edit it at any time.

We utilize Discounted Cash Flow and Market Multiples Approaches to give
you insight into approximately how much your business is worth today.

Business Health
Quickly identify strengths, warnings, and weaknesses within your
business and view your overall business health score.

Peer Comparison
See how you compare to your industry in current ratio, inventory turnover,
profit margin, and more. Review your common size income statement
and balance sheet against your industry peers.

Our automated application process helps you secure the funding you
need in just a few weeks — without going back and forth to the bank.

Educational Solutions
Access our library of educational resources to solve your business challenges
— from accounting and operations, to marketing and risk management.

Quickly generate professional and customized financial reports for
printing or email it to your colleagues. Schedule weekly and monthly
reports saving you and your team time and effort.


For our financial institution partners, BodeTree is designed as the go-to resource for driving improved interaction with and a superior customer experience for your small business clients. Our feature-packed web application is completely platform agnostic, and we make it easier than ever to start maximizing profitability while standing out from the crowd.

In-App Messages
Use custom data-driven triggers to deliver relevant,
interactive messages to users at the right time.

Loan Management
Collect and manage professionally-prepared loan packages from within
the system. Customize the document collection process for your specific needs.

Portfolio Management
Manage your client portfolio, request reports, and add notes to customer profiles.

Smart Alerts
Set customized alert thresholds for your portfolio on an aggregate or individual level.Target opportunities for additional products and/or services based on the company’s financial performance or specific transactions.

Covenant Monitoring
Proactively scan client companies for loan covenant performance.
Identify issues before covenants are tripped.

Send customized, automated email messages to clients summarizing
their financial performance for the week.


Here’s a quick play-by-play of our most noteworthy milestones and developments over our last six years of operation:

We’re established in the market. Our platform is fully developed and has been adopted by tens of thousands of users in our nearly six-year history.

We have a large and growing customer base of over 20,000 SMB users on our direct platform all through organic growth. As of June 2016, we currently have over 20 institutional  partners who represent over 2 million SMBs that we will address in the coming months.

We’ve locked down partnerships with several all-stars in the financial space

We’re in active partnership talks with major names in banking and small business

We have an enormous media presence and have been
featured in a number of renowned publications


Up Next For BodeTree: Now that we’ve proven our success among our SMB user base, we’re concentrating on ramping up efforts to expand our institutional partner network. To achieve this goal, we’ve been hard at work developing a number of pipeline services aimed at accelerating adoption among this target customer.

Make sure to request access to the “Business Plan” tab of our profile for a more in-depth look at the future of BodeTree and how you can get involved!


Christopher Myers | Co-Founder & CEO
Chris is passionate about small businesses and has extensive experience in strategy development. Prior to founding BodeTree, he played a key role in the strategy team of a Fortune 500 company, providing valuation and financial opinions as a consultant. Chris graduated from Arizona State with an undergrad degree in finance and studied accounting and economics at Babeş-Bolyai University in Cluj-Napoca, Romania. Since launching BodeTree, Chris has been widely featured as a SMB expert in top tier business publications including The Wall Street Journal and Forbes.

JT Archer | COO
JT is an operations and sales executives skilled in building highly effective, cost efficient organizations. JT possesses a unique blend of leadership skills, organizational design capabilities, and technical proficiency to drive organizational results and strategy. Prior to joining BodeTree, JT was President of PSO Global, a global energy efficiency company; he co-founded Idaptic, a software productivity tool; and he was head of sales and customer service for Level(3), leading a team of more than 650. JT earned his MBA from the University of Colorado and his undergraduate degree from Metro State University.

Ben Youngblood | CTO
Ben comes to BodeTree with over 10 years of software engineering experience across a wide range of industries. As CTO, he provides leadership and expertise in software engineering, security, and product development. His passion for building quality software can be seen through his publication of many open-source software projects, as well as contributions to countless others. Prior to joining BodeTree, he served as software engineering manager at Colony American Homes, where he led several internal software projects, which reduced the company’s administrative costs by over $500K per year. Ben is a graduate of the University of Arizona’s Eller College of Management, where he studied management information systems.

Contact Information:

Christopher Myers

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