Banking Lending News

FVCbank Simplifies and Streamlines Lending for Smaller Businesses

FVCbank Simplifies and Streamlines Lending for Smaller Businesses

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.

Latest Fintech News: SAS a 10-Year Leader in Model Risk Governance, per Chartis

“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.”

Latest Fintech News: Comerica Bank Delivers Valuable Competitive Market Research to Small Businesses

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.

Latest Fintech News: iCreditWorks Announces Vaibhav Mahajan as Chief Strategy Officer and Head of Capital Markets

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

TFSF Pulse Unveils Innovative Gateway Platform: Empowering Merchants with Cost Efficiency and Cryptocurrency Integration

EIN Presswire

Automated Financial Systems, Inc. Announces Santander Bank’s Selection of AFSVision®, the Next Generation Commercial Lending System

Fintech News Desk

Churchill Mortgage Selects Candor Technology’s Loan Engineering System to Bolster Automation Capabilities

Fintech News Desk
1