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Introducing NCS Thea

One score.
Endless insight.

A unique, single source of truth for managing cash-intensive businesses, NCS Thea empowers Financial Institutions (FIs) to score financial resilience, drive revenue growth through lending, and continually monitor their loans.

0 20 35 50 70 100 12 -8 PTS
How NCS Thea works

One score. Every stage of the lending cycle.

  • Prospect Queue
    911 active
    BORROWERS BY BAND Prime 0–20 184 Strong 20–35 312 Marginal 35–50 256 Weak 50–70 121 Poor 70–100 38
    01  /  Pre-Screening

    Filter prospects before they hit your queue.

    Qualify cannabis borrowers against your risk appetite using government-mandated operational data — license status, inventory health, vendor activity — so only the right deals enter underwriting.
    0-100
    Risk Lending Score
  • Decision Evidence
    Prime
    0 20 35 50 70 100 12 LENDING SCORE Compliance statusPass Inventory healthStable Vendor activityActive Transaction volumeSteady
    02  /  Underwriting

    Anchor the credit decision in operational truth.

    One score backed by an explainable trail of weights and inputs. Examiners see the same evidence your underwriters do — so the decision and the documentation arrive together.
    Prime → Poor
    Five risk bands
  • Pricing Worksheet
    5 tiers
    Prime 0–20 +1.5% Strong 20–35 +2.4% Marginal 35–50 +3.6% Weak 50–70 +5.1% Poor 70–100 Decline ILLUSTRATIVE — RATES SET BY LENDER
    03  /  Risk-Based Pricing

    Tie loan terms to verifiable signal.

    Use the score and its components to set rate and structure to the borrower’s actual risk profile, not a category default. Defensible pricing, every time.
    Per period
    Refresh cadence
  • Portfolio Health
    Live
    20 35 50 70 Jan 1 Jan 16 Feb 1 Feb 16 Mar 1 Mar 16 Apr 1
    04  /  Portfolio Monitoring

    See drift before a payment is missed.

    Twice-monthly score refreshes flag borrowers shifting bands. Your team triages exposure on a calendar, not in a fire drill.
    2x / mo
    Live update cycle
Inside the score

The dashboard that replaces the spreadsheet.

NCS Thea distills operational, financial, and compliance signals into a single auditable number. Every component is visible. Every weight is explainable. Every period brings a new score.

0 20 35 50 70 100 8 -12 PTS
Updated as of 3/15/2026
This lending score is…
Prime

This score shows the lowest risk. These licenses are usually well-established businesses with a proven track record of growth, solid profit margins, and stable vendor relationships. As with any business, verify their history of scores below.

Main Street Co.

Time in business3 y 2 m · verified
03/15/2026
Financial Data
02/28/2026 → 03/15/2026
Product cash flow (gross profit)$19,549
Total sales$46,096
Total expenses (COGS)$26,547
Last 4 periods cash flow$85,202
Overall weighted margin49.29%
Key Insights
02/28/2026 → 03/15/2026
Average daily sales$3,073
Average receipt amount$32.15
Giveaway percentage2.00%
Giveaway value$963
Inventory age67 days
Inventory value$68K – $143K
24-month history
Mar 2024Mar 2025Feb 2026
Mar 2024Jul 2024Nov 2024Mar 2025Jul 2025Nov 2025Feb 2026
Voices from the NCS community

Built with the lenders and data partners who know the cannabis credit space.

NCS Thea was built alongside the institutions and intelligence networks that already underwrite this market — so the score arrives with the operational signal banking teams already trust.

NCS Thea has the potential to significantly improve how we evaluate cannabis businesses before we invest time and resources into underwriting or onboarding. Rather than relying solely on applications and financial statements, we will leverage government-mandated operational data and an easy-to-understand risk score to make more informed decisions earlier in the process.

Common Questions About NCS Thea

If something isn’t covered here, the NCS team is happy to walk through specifics for your institution.

NCS Thea is designed to support credit decisions in the cannabis industry by using financially relevant information. The cannabis industry operates in a complex, fragmented environment with evolving regulations and limited financial transparency. NCS Thea cuts through the noise. By transforming raw operational and financial data into a single intelligent score, NCS Thea gives lenders the visibility they’ve been missing and the confidence to act.

NCS Thea solves the problem of incomplete and unreliable borrower data by turning legally mandated operational data into clear, structured risk insights. This helps lenders make faster, more accurate credit decisions, especially in complex or hard-to-underwrite industries.

NCS Thea is different because it uses real-time operational data, not just historical financials or credit reports, to assess risk.

Traditional tools rely on self-reported statements and backward-looking metrics, while NCS Thea provides a deeper, more current view of how a business actually operates, yielding more accurate, timely lending insights.

NCS Thea analyzes government-mandated operational data and business performance signals, including revenue trends, inventory activity, cash flow behavior, and compliance records. It combines these into a standardized risk profile and score that lenders can use in underwriting.

No, NCS Thea does not replace underwriting decisions. It provides data, risk scores, and insights to support underwriters, but the final credit decision remains with the lender and is governed by its existing policies and processes.

  • Pre-screening: quickly assess whether a borrower fits basic risk criteria
  • Underwriting: validate financials and analyze operational performance using verified data
  • Monitoring: track borrower performance over time and flag emerging risks
Get Started

Score your portfolio with NCS Thea.

  • For financial institutions

    Underwrite, price, and monitor cannabis credit with a single auditable score.

  • For cannabis operators

    I’m a licensed operator, and I want my financial institution to start offering credit products.