259) Co-Opting Community: Transforming the Indirect Lending Experience
Community institutions are the backbone of lending for many businesses and individuals. Â
But when it’s easier to do business with bigger banks when it comes to consumer lending, community banks and credit unions lose.
Joe Ehrhardt, CEO & Founder of Teslar Software, joins the show today with incredible, concrete examples of how you can better make your small, local financial brand stack up to the big boys.
Commercial loans are not the only way forward — catering to consumers can also be a path as long as you’re making sure the consumer experience is modern and relevant to their needs.
If your own executive board can’t do your processes, neither can your customers.
Join us as we discuss:
- Community banking’s reluctance to offer indirect loans (3:05)Â
- Educating consumers and local businesses on community lending (10:00)
- Why financial leaders need to try their digital products (22:09)
Check out these resources we mentioned during the podcast:
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