Automate and Go-live with Newgen’s Business Lending Software Within Three Months
Traditionally, business loans are associated with lower loan amounts, piles of paperwork, and high turnaround times. They involve higher transaction costs as compared to high-value commercial loans.
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 wastage of resources. Financial institutions must streamline and intelligently stratify their business lending processes to streamline operations, minimize risk and 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 technologies.
Join this 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.
Agenda of the webinar:
- 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, omnichannel and cross-channel customer/member experience, faster ROI, enhanced customer lifetime value, and more