Hitesh Hooda
Financial Services Expert
Newgen Software
Traditionally, business loans have been associated with lower loan amount, piles of paperwork, high turn-around-time. Furthermore, they involve higher transaction costs as compared to high-value commercial loans.
Many financial institutions have disjointed processes and typically rely on commercial lending departments with multiple processing cycles to manage business loans. This leads to inefficient operations and resource wastage. Financial institutions can streamline and intelligently stratify their business lending processes to streamline processes, minimize risk, increase scalability, efficiency, and profitability.
To succeed in this digital age, banks and credit unions must be proactive in serving their business lending customers and members with modern, fast, and agile technology solutions.
Join our webinar to learn from our financial expert about the key factors driving the need to modernize lending and the must-have capabilities of an ideal business lending solution.
Webinar Agenda
- Why should credit unions and banks replace manual business lending processes with digital solutions?
- How can the right technology drive the volume of business lending?
- A sneak peek into Newgen’s Minimum Viable Product (MVP) for business lending
- How Newgen’s lending solution can help you with successful implementation, including go-live in three months, omni-channel and cross-channel customer/member experience, faster ROI, , enhanced customer lifetime value, and more
- Q&A