Banks Leverage Digital Lending While Marketplace Lenders Falter

While articles in the press tell of marketplace lenders woe, digital lending in minutes under bank brands, underwriting and control are winning customers and revenues.  KBW recently reviewed the success of SunTrust’s Lightstream digital lending, and Eastern Bank is now live with its business express loan in minutes.  Darien Rowayton Bank, $600 million in assets, offers online refinancing of student loans while operating otherwise as a community bank.

And of course our clients like $4 Billion Lake City Bank in Indiana, $1B Kentucky Bank, $700 Million Pinnacle Bank in Georgia, and $400 Million Sutton Bank in Ohio, are finding success with our segmented MinuteLender® digital lending platforms.

MinuteLender® Digital Lending Platforms

For more information for how you can better serve customers with loans on a smart or mobile device, improve efficiency and drive new revenue, click here to schedule a demo.