NEW YORK, Oct 5, 2021— Sutton Bank, a progressive Ohio based independent, community bank, has chosen Lendsmart, an AI-driven digital lending platform to streamline its digital lending operations and better serve its customers.
Working with Lendsmart will enable Sutton Bank to offer a significantly better experience to its customers and homebuyers by bringing all parties together on one platform and reducing loan origination time.
“At Sutton Bank, we pride ourselves on providing progressive products and services that grow out of understanding our customers’ needs, both individuals and businesses,” said Sutton Bank President Tom Showman. Lendsmart’s solution will further these efforts, providing our customers with a seamless, digital experience.”
Lendsmart’s centralized platform digitizes up to 70% of the lending and home buying processes, while automating manual tasks, improving accuracy, minimizing lender risk, and reducing origination and operational costs.
“Our end-to-end digital solution enables lenders to approve loans and provide funding in a matter of weeks,” said AK Patel, Founder & CEO of Lendsmart. “We’re looking forward to helping Sutton Bank process more loans and helping their borrowers to acquire a loan more efficiently and faster than ever before.
Lendsmart, founded in 2018, is an AI-driven digital lending platform that automates and digitizes lending and home buying operations to create a single, automated conversational experience for banks, credit unions, and non-bank lenders. Using artificial intelligence to digitize up to 70% of the lending and home buying processes, Lendsmart allows borrowers to get a loan, refinance, or purchase a home in record time. For more information, visit https://lendsmart.ai.