Payments

1st Security Bank partners with LoanStar to offer loan application portal

August 10, 2022

1st Security Bank has partnered with LoanStar Technologies, a fintech, to offer a loan application portal for home improvement contractors. The portal will offer a variety of financing options to purchase windows, roofs, solar panels and other home improvement tools, according to a press release.

LoanStar will offer its MerchantLinQ platform to connect third-party vendors to the loan portal.

"We see LoanStar as a true technology partner," Ben Crowl, SVP, director of consumer lending, 1st Security Bank, said in the release. "We believe that by leveraging the LoanStar platform, the Bank will be able to expand our product offerings, create a better user experience for the contractor and consumer, and improve the workflows for the consumer lending team.