"Once we went to more of a digital lending platform, we realized that it's more about the customer interface and the customer experience, if you make it easier for businesses, they're going to want to do more applications."
Tips for Building an Automated Decisioning Strategy
Small business customers are now expecting a more digitally mature borrowing experience. They no longer need to wait weeks to receive an answer from their bank on whether or not they were approved for a loan.
Implementing an automated decisioning strategy allows lenders to increase efficiency and profitability by limiting the amount of employee engagements needed per loan and allows small businesses fast access to capital when they need it.
In this recording, Numerated's Michael Desimone and Dime Community Bank's Matt Crennan share their advice in building an automated decisioning strategy.
*Note: This video was originally recorded in June 2022
"Once we went to more of a digital lending platform, we realized that it's more about the customer interface and the customer experience, if you make it easier for businesses, they're going to want to do more applications."
Newtown Bank Partners with Numerated to Transform Small Business Lending Segment
Numerated Expands Strategic Partnership with JAM FINTOP
Numerated Wins Second Consecutive "Best Lending Platform" Award from Fintech Breakthrough
What Lenders Need to Know About Section 1071
Numerated Ranks No. 7 on the 2023 Inc. 5,000 Regionals Northeast List
Get Started with Digital Account Opening for Businesses
Growing Top Talent and Creating Commercial Bankers Faster
Numerated Ranks No. 29 on the 2022 Deloitte Technology Fast 500™