Equity Bank chooses Numerated to automate their small business lending products including term loans, lines of credit, and equipment and vehicle loans
BOSTON, Sept. 15, 2022 /PRNewswire-PRWeb/ -- Equity Bank, a $5 billion community bank with corporate offices in Wichita, Kansas, is partnering with Numerated, the award-winning fintech company making business banking easier for financial institutions and their customers.
With 67 branch locations across Kansas, Arkansas, Missouri, and Oklahoma, Equity Bank is committed to serving its communities. Through its partnership with Numerated, Equity Bank can now provide its small business customers with the best digital lending experience on the market for term loans, lines of credit, and equipment loans.
"Since our beginning, we've been a community bank dedicated to entrepreneurs and businesses of all sizes, and we're eager to deliver a superior, seamless lending experience,'' said Brad Elliott, Chairman and CEO of Equity Bank. "We chose Numerated to ensure we can provide our small business customers with an excellent online experience, so they can receive fast access to capital when they need it."
Numerated is a digital loan origination system for business banking that dramatically reduces work for financial institutions and their customers. The platform enables lenders to drive profitability in the small business segment using features such as: pre-filled applications, automated spreading, aggregating data and scoring applications, and fully automating the preparation of document packages.
"Equity Bank's dedication to digital transformation doesn't end at consumer lending. Their commitment to serving the small businesses in their community is proven by their choice to continue innovating in the business segment," said Numerated co-founder and CEO Dan O'Malley. "We're excited to be a part of Equity Bank's mission to serve these customers."
Numerated has won numerous awards for its loan origination system for business banking. Most recently, the organization was named the fastest-growing private company in Boston by both the Boston Business Journal and Inc. Magazine. Over 140 financial institutions have leveraged the Numerated platform to efficiently process more than $50B in lending to small businesses.
Learn more about how banks are driving innovation in the small business segment using Numerated, by contacting us today.
About Equity Bank
Equity Bank is a $5-billion community bank with 67 bank locations throughout Kansas, Missouri, Arkansas, and Oklahoma. Equity Bank offers a full range of financial solutions, including commercial loans, consumer banking, mortgage loans, and treasury management services. Equity Bank's parent company, Equity Bancshares, Inc., is based in Wichita and trades on the Nasdaq global Select Market under the ticker symbol 'EQBK.' Learn more at http://www.equitybank.com.
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 400,000 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.
Emma Schoth, Numerated, 1 3148337537, [email protected]