Faster business loans in your credit union

first_img 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr For $860 million/74,000-member Seven Seventeen Credit Union, Warren, Ohio, offering superior service and products to its members is the top priority. When it comes to serving small business owners, superior service means speed. But finding ways to improve upon the commercial loan process is not easy.Since LaserPro® from D+H became part of its equation, Seven Seventeen CU has delivered loan closings more quickly and has gained a competitive edge by having the resources to provide members with the products they need.“Service is our No. 1 priority,” explains Brett Carnahan, VP/commercial lending officer for Seven Seventeen CU. “We use the tools and processes necessary, along with a strong desire to offer superior service to our members. LaserPro has been a big part of that equation for over 12 years.”Compliant Documents Speed Document Preparation“We have dramatically improved our closing turnaround for member business loans, eliminating up to six days from the process,” says Carnahan. “With compliant documents that are recognized throughout the financial industry, we are no longer subject to an attorney’s competing priorities at closing time for the vast majority of loans we engage. We have reduced document preparation from a five- to seven-day process to an average of one day.” continue reading »last_img

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