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The case for end-to-end digital lending

Independent Banker

Offering digital lending isn’t about the bells and whistles. Community bankers tell us why. started developing its digital lending platform about three years ago—and the bank is really glad it did. “I’m Community bankers are increasingly recognizing that the future of digital lending is here. By Beth Mattson-Teig.

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Is Small Business Lending Facing a ‘Moment of Reckoning?’

Gonzobanker

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” Institutions are “spreading” financial statements for electronically provided tax returns or financial statements.

Lending 126
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Revenue-Based Financing Challenges The Bank Loan Status Quo

PYMNTS

where a flourishing tech startup community attracts venture capitalists both at home and abroad. Misconceptions about revenue-based financing add barriers to adoption, so education among the startup and small business community about this option to access capital will be critical. Fueled further in the U.K. Data Visibility.

Capital 132
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Two Executive Views of Digital Transformation, and Why They Both Matter

Gonzobanker

Community banks and credit unions, in total, have 56 million. Last year, BofA’s digital channels accounted for 42% of total consumer sales, 68% of consumer mortgage sales and 74% of direct auto sales. These should be the new targets for mid-size and community institutions. Chase and other megabanks can report similar results.