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Vergent LMC intros lending platform for banks

Photo: Adobe Stock

February 17, 2025

Vergent LMC, a loan management solutions provider, introduced its Empower Program, an end-to-end lending platform for community banks and credit unions. This program will help streamline operations by managing the entire lifetime of a loan from origination to collections, according to a press release.

The platform offers analytics for actionable insights and a user-friendly interface. With this tool, banks can improve the customer experience with loans.

"Community banks and credit unions are pivotal in driving economic growth and providing financial services that meet the unique needs of their customers," Scott Putnam, CEO of Vergent LMS, said in the release. "The Vergent EMPOWER Program is designed to equip these institutions with the tools they need to offer essential products like personal loans, thereby enhancing financial inclusion and supporting the prosperity of their communities."




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