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Can Automated Underwriting Help Your SBA Loan Clients?

In Commercial Lending, Featured, Small Business Loan Underwriting, Underwriting Automation by Yulia GnatyukLeave a Comment

 4 Minutes Read. Loans guaranteed by the Small Business Administration (SBA) are a valuable source of capital for many growing businesses. Small business lending software can now incorporate automated underwriting to make their SBA lending faster, more customer-friendly and more profitable than ever before. A brief overview of SBA lending The U.S. Small Business Administration works with banks and other ...
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Online Lending Monthly News Update- March

In Commercial Lending, Industry News, Marketplace Lending by Yulia GnatyukLeave a Comment

Here are some of the top stories and trends of March 2019 for marketplace lending investors and industry watchers: Industry News 3/1/2019 The Future of Banking Requires Balancing Old and New. (Forbes) 3/4/2019 Blockchain-powered lender Bitbond to launch Germany’s first security token. (AltFiNews) 3/4/2019 Facebook Plans to Launch WhatsApp Cryptocurrency in Next Few Months. (Business Insider) 3/5/2019 Over 53% of …

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MonJa’s Digital Banking and Lending Monthly Roundup | March 2019

In Commercial Lending, Industry News, Small Business Loan Underwriting, Underwriting Automation by Yulia GnatyukLeave a Comment

6 Minutes Read MonJa's Digital Banking and Lending Monthly Roundup - Why Subscribe? Digital banking and lending is evolving rapidly. Recent fintech-banking partnerships and innovation in technology with the introduction of AI, ML and blockchain herald a new era in lending. Fintech's are changing the competitive ecosystem,  empowering lenders to process loans faster and smarter.  In a world full of ...
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A Speedy And Hassle-Free MCA Lending

In Featured, Small Business Loan Underwriting, Underwriting Automation by Yulia GnatyukLeave a Comment

 4 Minutes Read. Merchant cash advance (MCA) lending is a popular alternative to traditional loans for small businesses. For lenders, however, the MCA lending process requires more work and can take longer than conventional loans. Automated underwriting platforms offered by MonJa can help streamline the MCA lending process and improve productivity. How MCA Lending Works A merchant cash advance is technically ...
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Technological Solutions For Credit Unions

In Commercial Lending, Featured, Small Business Loan Underwriting, Underwriting Automation by Yulia GnatyukLeave a Comment

8 Minutes Read. While credit unions have typically been slower at adopting new fintech solutions, this fact is changing. 2018 was a great year for financial innovation, with technology making processes faster, more productive, and more customer-friendly. Credit unions are increasingly recognizing the advantages of tech-driven lending solutions and are looking to deploy them in their own operations. For credit unions ...
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Meet MonJa at ICBA Live National Convention in Nashville

In Commercial Lending, Company News, Featured, Small Business Loan Underwriting, Underwriting Automation by Yulia GnatyukLeave a Comment

8 Minutes Read. The Independent Community Bankers of America (ICBA) strives to create and uphold an environment that allows community banks to grow in a sustainable and profitable manner. Community banks compose 99 percent of American banks, currently employing more than 760,000 and holding almost $5 trillion in assets. The ICBA National Live Convention is where experts showcase upcoming trends ...
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2018: How traditional banks invested in digital transformation for success

In Commercial Lending, Featured, Small Business Loan Underwriting, Underwriting Automation by Yulia GnatyukLeave a Comment

12 Minutes Read. With the rise of technology, banks are increasingly digitizing their business models. The digital transformation of the banking system not only improves the flow of control and work efficiency, but gives banks an edge over their competitors. According to a survey conducted by Accenture, 67% of banking executives believe that within the next five years customers will ...
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Online Lending Monthly News Update- March

In Industry News, Marketplace Lending by Yulia GnatyukLeave a Comment

Here are some of the top stories and trends of February 2019 for marketplace lending investors and industry watchers: Industry News 2/1/2019 Financial Institutions See Huge Payoffs For Digital Investments. (FinancialBrand) 2/5/2019 Starling launches euro account as UK prepares for Brexit. (Altfi) 2/5/2019 The Future Of Lending: Fintech 50 in 2019 (Forbes) 2/6/2019 Growth Street Reports: Investor Return Up By …

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MonJa’s Digital Banking and Lending Monthly Roundup | February 2019

In Industry News, Small Business Loan Underwriting, Underwriting Automation by Yulia GnatyukLeave a Comment

MonJa's Digital Banking and Lending Monthly Roundup - Why Subscribe? Digital banking and lending is evolving rapidly. Recent fintech-banking partnerships and innovation in technology with the introduction of AI, ML and blockchain herald a new era in lending. Fintech's are changing the competitive ecosystem,  empowering lenders to process loans faster and smarter.  In a world full of noise, understanding how ...
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Automated Loan Underwriting Trends For 2019

In Commercial Lending, Featured, Small Business Loan Underwriting by Yulia GnatyukLeave a Comment

4.5 Minutes Read. Automated loan underwriting is one of the fastest-growing areas for businesses seeking to improve the customer experience and operational efficiency. The lending industry has been a trailblazer in automation amidst an increasingly challenging business environment. Developments in automated loan underwriting have answered lenders' need for new tools to stay competitive and profitable. Pressures in the business lending market ...