Entries by Mike Sobba

Bankers: How can help your Small Business Customers Increase Sales?

Many small businesses would like to do more business with their community bank to help their customers finance large purchases. Unfortunately, digital lending programs from the Fintech’s have made bank’s lending products for customers of your small businesses a secondary choice. Companies like GreenSky (now owned by Goldman Sachs) and CareCredit are providing a source […]

Quick Installment Loans

Does your bank receive small dollar loan requests from time to time and you have to pass on them due to the unprofitable nature of making them? Do your customers have to fill out a 3-4 page loan application form online or at your bank for an unsecured debt consolidation loan, a home improvement loan, […]

Digital Lending to Attract Millennials and Gen Z’s

For years community banks have tried to attract younger consumers to replace older customers whose deposits generally leave the bank when they pass away. Also, baby boomers and the silent generation born before 1959 tend to be deposit gatherers rather than borrowers. During the pandemic in 2020 that continues on in 2022, consumer buying habits […]