Who uses digital lending technology at community banks? Check out the example case study below from a community bank offering digital lending and immediately found new loans from customers that previously had no lending relationship with the bank.
Small Business Digital Lending Case Study
Bank:
You too can have your own digital lending platform under your brand, your underwriting and yourcontrol. For more information, click her to join us for our next webinar.
Small Business Digital Lending Case Study
Bank:
$440MM
north Florida community bank
Strategy:
Rolled
out Small Business Digital Lending “See
Your Line of Credit in Seconds and Set Up in Minutes” Up to $50,000
Direct
Mail to targeted checking customers, web links and email strategy.
Response:
In first
week received responses and made loan to customer who previously had no lending
relationship at very
attractive pricing:
Annual Revenues: $3
Million
Guarantor Credit Score: 800
FICO
Line of Credit Approved $50,000
Annual Fee: $499
Interest Rate:
9%
You can also have an 0800 fax to email number, so that both your phone and fax number start with 0800, and so that you receive your faxes straight into your email inbox. We also offer a wide range of extra features to accompany our 0800 numbers. 0800 company
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