Commercial Lending BusinessCenter™
Today’s business borrowers are looking for the same efficient online experience that is already being provided to consumers. And central to that experience is the elimination of paper. The Commercial Lending BusinessCenter is a secure, business-facing portal that enables commercial borrowers to share financial information directly from their accounting systems and upload financial documents in a safe, streamlined process. This ability greatly accelerates the underwriting process for borrowers and lenders alike.
What’s more, by sharing accounting information, borrowers get connected to resources that help them better understand their financial position, provide peer group analysis, and even suggest strategies for improving their overall performance. Lenders, in turn, receive insightful reporting complete with trends and ratio analysis.
What It Does
- Creates a superior customer experience for business borrowers.
- Provides “consumer-like” technology in the business financial arena.
- Enables quicker funding decisions.
- Makes it easy for anyone involved in handling a loan to view all associated documents.
- Allows business borrowers to bypass paperwork and upload financial documents in a safe and secure manner.
What It Does For Me
- Enables faster decisioning on loan approvals.
- Collects and organizes borrower financial information in a standard and secure manner.
- Gives a snapshot of the borrower’s business health.
- Provides accessible digital versions of tax returns and financial statements that can be shared with other systems.