Despite recent investments in technology and efforts to digitalize their commercial lending process, many continue to use manual processes.
In Abrigo's recent 2021 Business Lending Process Survey nearly 250 lending and credit risk professionals were polled to understand their current business lending process. This whitepaper compiles the responses and provides key takeaway to consider at your institution.
Benchmarks and insights discussed:
Commercial loan turnaround time
Biggest obstacles for lending teams
SBA lending plans after PPP
Progress with digital lending transformation plans
Automate the life of the loan with Abrigo.
Our loan origination software allows your institution to automate the processes most important to your team paving the way to insights, scalability for growth, and digital revenue expansion.