Pennsylvania Community Bank is partnering with Fintech to digitize all aspects of commercial lending
Quaint Oak Bank chooses Teslar Software to transform the customer experience and scale more seamlessly
SPRINGDALE, Ark., September 28, 2022–(BUSINESS WIRE)–Quaint Oak Bank and Teslar Software today announced their partnership to enhance the bank’s commercial lending strategy. The $750 million community bank will leverage Teslar’s full suite of automated workflow and portfolio management tools to improve the lending process for both lenders and borrowers.
“We care about our customer experience and have aggressive growth goals, so it was important that Teslar’s technology support the entire lending process from start to finish, from origination to disbursal,” said William Gonzalez, EVP of Quaint Oak Bank. “Teslar is a one-stop shop, allowing us to digitize the comprehensive lending process with a single, trusted partner. We are confident that Teslar’s automated workflows and modern technology will help us expand our geographic reach and provide our customers with a great digital experience .”
Teslar will enable Quaint Oak Bank to increase transparency across departments, and provide greater visibility into customer portfolios. Through Teslar’s digital customer portal, customers can apply for loans online, upload documents securely and easily monitor the status of their loans.
“Quaint Oak Bank is on an impressive growth trajectory, and our lending process automation tools will enable them to continue supporting new and existing communities with confidence,” said Joe Ehrhardt, CEO and founder of Teslar Software. “With Teslar, the bank can grow more efficiently, optimize employees’ time and allow them to focus more on the customer relationship. In addition, the bank will be able to provide the practical, digitally optimized experience that customers and prospects want through our digital customer portal.”
About Teslar software
Teslar Software, founded in 2008, is a configurable automation platform for lending processes for community financial institutions. Teslar is transforming commercial lending by providing easy access to centralized, relevant information to balance portfolios, optimize profits and help community bankers effectively serve their customers. Named Best Solution for Lending by the FinXTech Awards 2021, Teslar Software continues to earn its reputation as a top technology provider for community institutions. Please visit www.teslarsoftware.com to learn more.
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Contacts
Maddie Mitcham
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