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Watch the Video: Digital Lending in Action

Posted by Michele Rehm, Marketing Manager on Feb 20, 2017 1:55:19 PM

What would your account holders' online lending experience look like if your institution offered it? View an excerpt of our most recent Educational Webinar, "The Digital Lending Opportunity for Community Financial Institutions," in which digital lending expert Bob Giltner demonstrates the online loan application process.

In this short video, you will see how two banks allow account holders to easily apply for loans from their own websites and get approval.... all in under three minutes! The banks incorporate digital lending technology using their own branding, underwriting parameters and risk tolerances to profitably offer account holders small business loans under $100,000 and consumer loans under $30,000.

(Demo starts at :50 after a brief introduction) 

Watch the entire webinar: The Digital Lending Opportunity for Community Financial Institutions

Digital lending technology automates the entire lending process, allowing your account holders to enjoy a fast and frictionless lending experience, while your institution increases revenue from these previously unprofitable loans.
 
And the timing could not be better for community institutions. Many industry experts expect digital lending to be the next big income opportunity for financial institutions, with more than $30 billion to be earned by 2025. By comparison, financial institutions earn about $18B annually in interchange revenue and approximately $35B in overdraft revenue.

 
How much revenue could digital lending technology generate for your institution? Request a no-obligation Income Opportunity Analysis.

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Topics: Digital Lending, Online Lending