FVCbank Simplifies and Streamlines Lending for Smaller Businesses
09 Maio 2023 - 12:40PM
Business Wire
Today, Fairfax-based FVCbank introduced the newest technology to
make borrowing easy for business clients. By introducing the
Lightning Lending program to its portfolio of
technologically-efficient banking products, the commercial
community bank continues its strategic commitment to transitioning
from a traditional banking model to a more sophisticated fintech
bank of the future, better serving the needs of its customers.
“FVCbank is committed to pivoting in today’s high-tech financial
environment by embracing innovative systems. As a result, our
customers will enjoy an easier, faster, and more user-friendly loan
experience,” said Chairman & CEO David Pijor. “Business owners
can now complete the loan application and underwriting process
quickly, efficiently, and securely, often in minutes. Approved
applicants receive funds into their FVCbank account within 48
hours,” Pijor continued.
“With the need for speed and time being such a precious asset,”
added President Patricia Ferrick, “we can now offer qualified
applicants a path around time-consuming paperwork and underwriting
with this sophisticated loan origination system. By fully embracing
the benefits of fintech, FVCbank can evolve into the community bank
of the future today.”
FVCbank’s Lightning Lending program will offer a seamless
digital application for term loans up to $500,000 to business
owners throughout Northern Virginia, Maryland, and Washington, DC.
This platform is particularly useful for smaller businesses and
underserved communities.
To learn more about FVCbank’s digital loan origination system,
Lightning Lending, visit www.FVCbank.com.
About FVCbank
FVCBankcorp, Inc. is the holding company for FVCbank, a
wholly-owned subsidiary that commenced operations in November 2007.
FVCbank is a $2.35 billion asset-sized Virginia-chartered community
bank serving the banking needs of commercial businesses, nonprofit
organizations, government contractors, and professional service
entities, in the greater Baltimore and Washington, D.C.
metropolitan areas, and Northerrn Virginia.
FVCbank is based in Fairfax, Virginia, and has nine full-service
offices - Arlington, Fairfax, Manassas, Reston, Springfield,
Virginia, Washington D.C., and Baltimore, Bethesda, and Rockville,
Maryland. For more information on FVCbank or its selected financial
information, please visit the Investor Relations page of
FVCBankcorp, Inc.’s website, www.fvcbank.com.
Background on the Lightning Lending platform,
Numerated
About Numerated
Numerated transforms the way financial institutions lend to
businesses. Banks and credit unions use Numerated’s modern Loan
Origination System to meet businesses’ expectations for digital
convenience while driving significant gains in efficiency. The
platform uses data to streamline originations for any business
banking product, from application to decision to close. More than
500,000 businesses and 30,000 financial institution associates have
leveraged the platform to process over $50 billion in lending,
making Numerated the fastest-growing fintech SaaS company on the
2022 Inc. 5,000.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230509005970/en/
Bruce Gemmill Direct: 703-436-3841 Cell: 571-379-6414
bgemmill@fvcbank.com
FVCBankcorp (NASDAQ:FVCB)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
FVCBankcorp (NASDAQ:FVCB)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024