Saturday, April 27, 2019

Forbes: Banks “Missing the Boat” in Digital Small Business Lending


Very few small or large banks accept small business loan applications online” or have automated small business lending processes, Forbes magazine reports after review of the FDIC’s Small Business Survey.  Yet small business heavily use online lending channels.




It is time your bank steps up its game to compete.  FIs don’t make money on small business loans under $100k, over half of all small business loans, with today’s processes, but they can with digital technology and delivery.  We provide off-the-shelf technology to fully make small business in minutes all under your underwriting, your brand, your compliance and your control for loans and relationships on your balance sheet.

See why others from $13B United Community Bank to $300 million HomeBank are using our MinuteLender® technology at www.rcgiltner.com
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