@MinuteLender

The profitable way for financial institutions to offer short-term lines of credit... online and in minutes.

 Kentucky, USA
bsgfinancial.com/minutelender
Joined May 2016
  • Tweets64
  • Following2
  • Followers5
33Media
We can do it two minutes better! The 5-minute loan story from @MinuteLender @BSGFinancial | bit.ly/2sFCbTa by @FinancialBrand

From Hours to Minutes: A Seven Minute Loan Story

Here's how Univest Bank cut the time it takes to fund a loan down to just seven minutes — start to finish.

thefinancialbrand.com
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Digital technology can ENHANCE the lending experience... AND do it profitably! #MinuteLender #DigitalLending #DigitalStrategy | bit.ly/2IDjYA1 by @Chris_Skinner
It’s time to go after the lending process with serious automation improvements #digitallending #digitalstrategy | bit.ly/2K0aXx1 by @gonzobanker
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Community FIs have lost almost half their market share, from 32% to 18%, of small business loans under $100k to large banks and fintech in the last seven years @MinuteLender @BSGFinancial | bit.ly/2qjelKZ
FIs are losing market share to fintech companies, which now are the largest provider personal loans with 31% @MinuteLender @BSGFinancial | bit.ly/2qjQbA5
Another suggestion is to automate the lending process for greater efficiencies and consumer experience @MinuteLender | bit.ly/2H8dGEn by @TheRealCUES
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Millennials are an attractive lending market. #MinuteLender | bit.ly/2Gym3w5

Banking Providers Must Overhaul Lending for Digital Millennials

Contrary to popular belief, Millennials aren't averse to debt. But they want loans with flexibility and digital tools more than anything else.

thefinancialbrand.com
Reinvent the Customer Journey #MinuteLender #DigitalTransformation | bit.ly/2H3A7ui
4 out of 5 FIs believe that #digital will fundamentally change banking and completely transform the industry’s competitive landscape. #MinuteLender | bit.ly/2uODcfq
Four out of five financial institutions believe that digital will fundamentally change banking and completely transform the industry’s competitive landscape. | bit.ly/2GPdT1m
"#Credit #unions are routinely overlooked in #small #business #loans as they lag behind in technology." #free #article #MinuteLender | bit.ly/2IdjhbP
Recapture revenue your FI is losing to non-bank, online lenders and credit card providers. @MinuteLender | bit.ly/2DXYs1D
FREE ARTICLE: Small biz loans must be digital to compete with non-bank lenders by @BSGFinancial | bit.ly/2pHdFid
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Will There Be a Need for Credit Cards in Five Years? Digital lending can more efficiently provide unsecured credit to consumers #MinuteLender | on.wsj.com/2FYoY0L

Will There Be a Need for Credit Cards in Five Years?

Card boosters say they aren’t going away soon and the credit-card account will endure even longer. Skeptics see a faster transition to digital payments.

wsj.com
More than half of Millennials would open a checking account if that’s what they had to do to get a loan with flexible term and faster payback capabilities. @MinuteLender | bit.ly/2u3eibw
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Jonathan Hildebrand, head of small business banking at @CentierBank, discussing digital lending partner @MinuteLender at the @AmerBanker Small Business Banking Conference.
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Customer profitability, increasing fee income, improving the customer experience and digital initiatives are all areas of focus. @MinuteLender @BSGFinancial| bit.ly/2EVJG0z
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The answer is yes with @MinuteLender | bit.ly/2onLEeW

Can small-dollar loans be both profitable and safe?

The Pew Charitable Trusts has released a set of 10 standards for banks and credit unions that want to offer small loans to subprime customers. Among its ideas: keep monthly payments at or below 5% of...

americanbanker.com
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@MinuteLender allows #community and regional #banks to efficiently and profitably deliver #small #business and #consumer #loans | bit.ly/2oqA1Em
SME loan applicants are dissatisfied by “long wait for credit decision” and “difficult application process”. Make it right with @MinuteLender #LoanAutomation | bit.ly/2obUjSy
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