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Sunday, November 19, 2017

Digital Lending Wining for Banks Like Goldman Sachs

Business Insider reports that Goldman Sachs consumer digital lending site is booming!  It is on schedule to have $2B in originations by the end of 2017.  They target customers with good credit with rates as low as 6.99%.  Online digital lenders have captured nearly 40% of the growing market for consumer credit.

Your financial institution can profitably and efficiently share in this growth of online digital lending, with the same risk parameters you use today.  Our MinuteLender® technology provides loan offers digitally on a smart device in 30 seconds and fully e-signs all documents with the customer in under five minutes.  You have the lowest and most stable cost of funds, the existing customer relationships and proven underwriting and compliance.  You just need the technology to win – like MinteLender.®

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