Digital Banking

Quaint Oak Bank to boost lending strategy with automated tools

October 7, 2022

Quaint Oak Bank, based in Pennsylvania, has partnered with Teslar to improve its commercial lending strategy. The bank will utilize Teslar's automated workflow and portfolio management tools, according to a press release.

With Teslar's digital customer portal, customers can apply for loans online as well as upload documents and check loan status.

"We care about our customer experience and have aggressive growth goals so it was important that Teslar's technology support the entire lending process from beginning to end, from origination to pay off," William Gonzalez, EVP of Quaint Oak Bank, said in the release. "Teslar is a one-stop shop, allowing us to digitize the comprehensive lending process with a single, trusted partner. We're confident Teslar's automated workflows and modern technology will help us expand our geographic reach and provide our customers with a great digital experience."