Bremer Bank has announced that it will be partnering with Numerated to launch an automated lending platform.
The US-based bank will become the third bank with more than $10bn in assets to partner with Numerated since the latter was founded in 2017.
Numerated’s lending platform will offer Bremer a data-driven, credit decisioning engine and intelligent routing capabilities that tailor the underwriting process in real-time, including support of loans and lines of credit.
Keith Ahrendt, chief credit officer at Bremer Bank, said that it continuously looked for ways to enhance its relationships with small business customers who were looking for more convenient ways to simplify their banking needs.
“We chose Numerated to transform the lending experience for our customers, and look forward to implementing this solution.
“The end-to-end solution will allow us to continue to develop and deepen customer relationships, while increasing convenience, transparency and speed that a digital solution provides.”
Dan O’Malley, founder and CEO at Numerated, added: “Bremer Bank has a strong reputation in the business community, with a commitment to providing their customers with innovative products and services.
“Numerated’s platform will continue to build on this reputation and we look forward to working alongside Bremer to help with expanding market share.”
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