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Overview of Small Business Lenders – 2018 Update

Small Business Lenders: Overview-2018

[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]8 Minutes Read. We first wrote about key US-based Small Business Lenders in November 2017. In case you missed it, here it is: Overview of US SMB Lenders (Alternative Lenders). This new article is a great addition and update! Please enjoy! Small Business Lending has dramatically evolved since the market crash of 2008. With the advent […]

Return on Investment on Technology: A Lender Perspective

Return on Investment on Technology: A Lender Perspective

[vc_row][vc_column][vc_column_text]7 Minutes Read. For the traditional lender, the increase in digital-only lenders has made the demand for traditional loans quite sparse. Digitalization has permeated the consumer and small business loan market. With new regulatory provisions such as the OCC banking charter to digital-only banks, applying for loans digitally is rapidly becoming the norm. As such, […]

Data Security in Digital Lending Space

MonJa: Data Security in Digital Lending Space

[vc_row][vc_column][vc_column_text]4 Minutes Read. The Equifax data breach in 2017 caused a significant data loss for more than 145 million people in the U.S., U.K. and Canada. Cybersecurity has become a top priority for financial institutions around the globe, particularly in the digital lending. The Equifax incident was considered a wake-up call for the industry. But even […]

Digital Lending and Artificial Intelligence

MonJa: Digital Lending and Artificial Intelligence

[vc_row][vc_column][vc_column_text]3 Minutes Read. Artificial intelligence (AI) is expanding rapidly in the fintech industry. In particular, AI has largely affected digital lending. By 2020, as much as 5 percent of all of economic transactions will be handled by autonomous software, including loan transactions. By applying machine learning to collected borrower data, software solutions can approve or […]

The Future of Digital Lending Innovation

[vc_row][vc_column][vc_column_text]6 Minutes Read. Digital Lending Innovation is revolutionizing business in the financial sector. Going digital has helped many banks and other lenders streamline processes and improve the quality of their services. This, in turn, has led to reduced costs and improved efficiency.  Innovations in digital lending are constantly being developed, and the future for the […]

The Roles of Automated Software in Small Business Lending

MonJa Blog: The roles of automated software in small business lending

[vc_row][vc_column][vc_column_text]4 Minutes Read. The small business lending sector was revolutionized with the introduction of Fannie Mae’s Desktop Underwriter in 1995. The many roles the automated system filled in the lending process convinced financial institutions of the value of investing in a business lending software solution. Such software essentially operates as a fast, accurate employee who […]

E-book: How Automation Can Help With Small Business Loan Underwriting

MonJa: Automation For Loan Underwriting

[vc_row][vc_column][vc_column_text] Looking for ways to grow and expand the loan origination volumes? Wondering how do this cost-effectively? Trying to simplify your loan underwriting workflow? It may be the right time to start exploring automation. Check out our e-book to learn how loan underwriting automation can simplify and boost the productivity of your lending process.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Download […]

Signs You Need a Lending Solution Software

MonJa: Signs you need a lending solution software

[vc_row][vc_column][vc_column_text]4 Minutes Read. Loan approvals are growing at near-record rates among all types of financial institutions, particularly in small business loans, which is why many lenders are turning to lending solution software. Automated lending solutions can help financial institutions streamline processes and improve customer service by reducing the time and potential for errors in manual […]

Speed To Market Is Critical In Small Business Loan Underwriting

Speed To Market Is Critical In Small Business Loan Underwriting

[vc_row][vc_column][vc_empty_space height=”50px”][vc_column_text]8 Minutes Read. The demand for small business loans is growing at an astonishing pace worldwide, which presents new opportunities as well as formidable challenges to traditional lenders and small lenders alike. Both large and small lenders are facing stiff competition for small business loan underwriting business. Small lenders – with their agility and […]