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Banking CIO Outlook | Monday, August 14, 2023
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Bankers can manage their pipeline, process loan requests, and close deals faster with Abrigo Community Lending's robust deal summary page.
FREMONT, CA: "Abrigo is committed to helping community financial institutions strengthen their customer relationships by providing innovative technology, and our partnerships with 2,400 institutions reflect that," said Jay Blandford, Abrigo CEO. "We know many community financial institutions lack IT resources to implement software, which is why we created a streamlined lending platform they can get up and running quickly."
The debut of Abrigo Community Lending, new lending software designed especially for banks and credit unions with up to $500 million in assets, was announced by Abrigo, the industry's top technology provider of compliance, credit risk, and lending solutions for financial institutions.
To help bankers process loan requests, monitor their pipeline, and close agreements more quickly, Abrigo Community Lending offers a robust deal summary page and role-based dashboards.
According to a recent Abrigo poll, 70 percent of community financial institutions prioritize "ease of use" when evaluating lending software. Abrigo Community Lending focuses on efficient workflows and user-friendly interfaces by drawing on its twenty years of experience in the lending software industry.
Colin Hinkle of Hendricks County Bank and Trust, an early user, said, "If I were a loan officer meeting someone for lunch, I could complete the loan application between the time I ordered and my food arrives, which is perfect."
The guided workflows for various loan types offered by Abrigo Community Lending assist lenders in staying on schedule and productive, allowing them to improve client satisfaction and efficiency ratios without hiring more personnel. Abrigo Community Lending has all the components a local financial institution requires to expand without adding extra complexity.
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