Sunday, March 8, 2020

Fully Automate New Start Loan Program with MinuteLender®


Many financial institutions provide a 0% interest New Start Loan to customers unable to clear up their overdrawn accounts.  The loan allows the customer to recover from a deficit balance while continuing to use their checking account.

However, these programs have typically required manual delivery and management of this loans in an inefficient manner.  MinuteLender® provides a fully automated, compliant solution with invitation-only loans to customers who meet the overdrawn status and criteria.  All is e-signed on a smart device, in-branch or out, in minutes by the customer.  $850 MM Two Rivers Bank and Trust is implementing the New Start Loan digital process as part of implementing  MinuteLender® for consumers and small business.


MinuteLender® generates a loan application in 15 seconds, provides a loan offer or disposition in 30 seconds, and executes all loan documents and completion in minutes, in-branch or out, all digitally on a smart or mobile device.  All is under the FIs control of branding, underwriting, compliance, and control for loans on their books.  Visit us at RCGILTNER Services, Inc. to learn more.






12 comments:

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