Published 
Mar 27, 2025

Introducing Advanced Industry Prediction & Business Verification

If you receive application forms, bank statements or additional files from brokers, Heron can now predict the Industry of the applicant, assign a NAICS code and cross-check if this is part of your restricted industry list. Heron can also verify the business by looking them up automatically through Secretary of State reports.

If you receive application forms, bank statements or additional files from brokers, Heron can now predict the Industry of the applicant, assign a NAICS code and cross-check if this is part of your restricted industry list. Heron can also verify the business by looking them up automatically through Secretary of State reports.

Industry Classification and Business Verification - Now Available


Heron is launching powerful new features: Heron’s Advanced Industry Prediction & Business Verification.‍

What's new?

  • Industry Classification: Predict industry, including NAICS code assignment of a business from their ISO Application and/or Bank Statements
  • Restricted Industry Check: Cross-check businesses against your restricted industry list to decline no-hope deals
  • Business Verification: Verify businesses through Secretary of State reports.

How it works

  • Send us business data from your applications or bank statements
  • Get enriched results with industry classification, NAICS code, verification status, and reasoning.
  • Use this as a policy check to see if the deals meet your criteria

How this helps you

  • Faster Decision Making: Automatically decline deals that don’t meet criteria, saving time.
  • Improved Risk Management: Reduce exposure to high-risk industries.
  • Seamless Integration: Fetch predictions via API or use the Heron Dashboard.

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Try it Today!

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