“Efficient” Lenders Leverage Digital Lending

It is well documented that small business and consumer loans today are below levels in 2006.  Coming out of the 2008 recession, many community banks focused on larger, more profitable loans as documented in a Moebs article today.   However, he points out those community banks that are efficient lenders, using automation and tools like digital delivery, are growing loans profitably in the small business and consumer segments.

"Only efficient lenders have left the recession behind." 

Banking’s Great Loan Gap, Moebs

The application, underwriting and e-sign delivery process has changed to deliver loans in minutes for under $200 annually in cost.  That is why we provide financial institutions the digital lending technology for consumer and small business lending under your brand, your underwriting, your compliance and under your control for loans on your balance sheet, all in three minutes.  To learn more, join us for our next webinar.