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Financial Institutions Can Grow Small Business Relationships with Fintech-Powered Lending Offering from Fiserv

Retrieved on: 
Thursday, October 14, 2021

Community financial institutions played a leading role in helping small businesses (SMBs) through the pandemic.

Key Points: 
  • Community financial institutions played a leading role in helping small businesses (SMBs) through the pandemic.
  • Fiserv and StreetShares equipped many financial institutions to deliver a seamless Paycheck Protection Program (PPP) experience from application through forgiveness, and many of these institutions acquired new SMB customers as a result.
  • The pandemic also catalyzed the expansion of many third-party providers that are now competing with community financial institutions for SMB relationships.
  • The Atlas Platform by StreetShares powers financial institutions to offer the full suite of digital, white-labeled, small business banking products to their customers.