Payments
IBC Bank partners with Finanta for commercial lending
November 21, 2024
IBC Bank, a financial institution, partnered with Finanta to transform its loan origination, portfolio management and commercial lending operations, according to a press release.
In particular, the bank will integrate Finantas' commercial lending platform to accelerate its digital transformation process.
Some of the platform's features include:
- Automated commercial loan origination.
- Real-time risk management.
- Digital credit analysis.
- Construction loan and portfolio management.
"Our partnership with IBC Bank underscores our commitment to advancing commercial lending through our innovative lending suite," Sai Chandrasekar, chief product officer, Finanta, said in the release. "By leveraging Finanta's comprehensive commercial lending solutions suite, IBC Bank will not only enhance their operational efficiencies but also provide their clients with superior lending products and services tailored to the dynamic commercial lending sector."
IBC Bank's EVP of Operations, Dalia Martinez, said, "We're focused on transforming our commercial lending operations to better serve our clients," Dalia Martinez, EVP of operations at IBC Bank, said in the release. "Finanta is helping us achieve this transformation. Finanta's automation and financial analysis tools will enable us to make faster, smarter decisions, which should result in better experiences for both our team and our clients."
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