Driving Community Prosperity Through SMB Lending

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A free webinar brought to you by CUNA Strategic Services and Ranqx

Featured Speaker: Seth Brickman, Ranqx

According to the SBA, more than 33 million small/medium sized businesses (SMBs) in the U.S. make up 99.9% of all firms across the country. This means that your field of membership contains many SMBs. But are you meeting their needs and making the process easy?

Watch this webinar to discover the best way to drive community prosperity by supporting these engines of growth in our communities, thereby driving wealth creation and upward financial mobility. Offering working capital loans, lines of credit and business credit cards to SMBs can make your communities better.

CSS alliance provider Ranqx has made the loan process completely digital and removed the friction by:

  • Reducing application decisions to 5 minutes
  • Using API to decrease typical required documentation
  • Connecting directly to credit union accounting software to build a P&L and balance sheet

 

 

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Ranqx

Ranqx has developed a white-label SMB Lending-as-a-Service platform applicable to Credit Unions so that the flow of capital can be accelerated to SMBs. The Ranqx Digital Lending Platform enables credit unions to offer a fully digital loan origination process (that takes 2 minutes to complete) and instant autodecisioning to a small- medium business applicant for working capital loans.

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