Wednesday, July 8, 2009

Commercial real estate and industrial loan processes

Platinum Community Bank has selected WebEquity Solutions’ on-demand lending software to automate its commercial real estate and industrial loan processes. Platinum Community Bank has recently opened a de novo branch in Ocala, Florida as part of its strategy to diversify the growing bank’s portfolio and expand its commercial lending business. WebEquity is an on-demand, software as a service (SaaS) offering which significantly reduces the demand on a bank’s IT resources, and enables lenders to access their loan information from anywhere via a Web browser. Its flexible design also allows an institution to setup the software to support the bank’s specific policies and lending guidelines such as credit analysis, risk ratings and approval processes. www.webequitysolutions.com. (Jim Hogan, Senior Credit Officer, Platinum Community Bank.)


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