Quaint Oak Bank Selects Teslar Software to Digitize Commercial Lending

Quaint Oak Bank and Teslar Software today announced their partnership to enhance the bank’s commercial lending strategy.

The community bank with $750 million in assets will leverage Teslar’s comprehensive suite of automated workflow and portfolio management tools to improve the lending process for lenders and borrowers.

“We care about our customers’ experience and have aggressive growth targets. It was therefore important that Teslar’s technology support the entire loan process from start to finish, from origination to repayment,” said William Gonzalez, executive vice president of Quaint Oak Bank.

“Teslar is a one-stop-shop, allowing us to digitize the entire lending process with one trusted partner. We are confident that Teslar’s automated workflows and modern technology will help us expand our geographic reach and offer our customers a great digital experience.

Teslar will enable Quaint Oak Bank to increase transparency across departments, providing greater visibility into client 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 loan process automation tools will allow 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 employee time and allow them to focus more on customer relations. Additionally, the bank will be able to provide the convenient, digitally enhanced experience that customers and prospects want through our digital customer portal. »

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