Commercial Lending Center Suite
One of the most important takeaways post-recession is the need for banks to enhance the commercial lending experience for both the borrower and banking associates. Community and regional banks are challenged to differentiate themselves from FI and non-bank competitors by providing a customized and seamless commercial lending experience. Commercial Lending Center Suite gives banks the flexibility to meet the needs of a wider variety of commercial borrowers and compete like never before; it empowers lenders with unique solutions and services that address critical lending challenges safely and soundly.
The ProfitStars Commercial Lending Center Suite is a customizable collection of lending services in a wide range of delivery models designed to streamline the entire loan process from application to payoff and all steps in between. The Suite brings speed and accuracy to the commercial lending process in a manner borrowers expect today.
Key reasons ProfitStars Commercial Lending Center Suite deserves an Innovative Solutions Award:
- The Suite benefits both the borrower and the lender with faster loan approval cycles and a modern experience.
- This Suite gives banks the flexibility to customize lending processes, helping lenders identify and serve new markets that can drive growth and profitability.
- The centralization of these resources provides banks with a robust, single platform for everything a bank needs to compete in commercial lending, including risk measurement dashboards to ensure a safe and sound process.
- Anyone who touches a loan has access to what’s happening with each file. Loan officers, underwriters, processors, and managers all have access to create internal workflows, and receive information from the borrower within a single log-in. The process not only dramatically enhances efficiency, but the transparency also helps representatives to better serve commercial customers.