Remove CECL Remove Corporate Lending Remove Small Businesses
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Leverage New Bank Technology by Examining Current Processes, Pain Points

Abrigo

Looking at the entire small business lending cycle, from loan request through approval to closing, technology can transform the business lending process from one that consumes 35 labor hours at a cost of $2,422 to one that takes 16 hours at a cost of just over $1,000, or less, according to Abrigo Vice President of Banking Neill LeCorgne.