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Stock impact report

Bankwell Financial Group Selects Lendio Intelligent Lending to Facilitate Instant SBA 7(a) Loan Offers [Yahoo! Finance]

Bankwell Financial Group, Inc. (BWFG) 
Last bankwell financial group, inc. earnings: 4/29 06:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.mybankwell.com
Company Research Source: Yahoo! Finance
It will leverage Lendio's Intelligent Lending platform to source, underwrite, and provide instant SBA 7(a) loan offers to business loan applicants. Bankwell will also leverage Lendio's digital loan application to offer loans to Bankwell's existing depositors, new loan applicants, and some of Bankwell's partner-sourced customers. "At Bankwell, we're all about teaming up with the best in fintech to give both existing and new clients top-notch service quickly and efficiently," said Ryan Hildebrand , Chief Innovation Officer at Bankwell. "Our partnership with Lendio is a perfect example. We're excited to offer instant SBA 7(a) loan options that simplify the borrowing process and help small businesses get the funds they need without the wait. It's all about making banking easier and more responsive to our customers' needs, and Lendio delivers." SBA loans have historically taken 30-60 days to originate. With this new partnership, Bankwell can provide instant offers through automated u Show less Read more
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