PrecisionLender CARES Edition Allows Commercial Relationship Managers to Triage, Qualify, and Structure Inbound Loan Requests for Current Emergency Loan Programs
PrecisionLender®, a Q2 Holdings, Inc. company and a leading provider of applied banking insights for commercial banks, today announced its launch of the PrecisionLender CARES Edition, which is specifically designed to help commercial banks triage, qualify, and structure inbound requests for the current emergency loan programs recently enacted by the Federal Reserve and U.S. Treasury Department. This edition is delivered within the PrecisionLender platform, via PrecisionLender’s digital enterprise coach, Andi®, and is available to current and new PrecisionLender clients.
PrecisionLender’s sales and coaching platform empowers bankers with actionable, in-the-moment insights and coaching, so they can structure, price, and negotiate winning deals. This information is delivered to the banker via Andi, who observes relationship managers’ actions, gathers data, and delivers hyper-focused recommendations on the deals they are pricing.
The PrecisionLender CARES Edition is geared specifically to the current emergency loan programs, with Andi helping bankers make fast, informed decisions about each potential loan. The PrecisionLender CARES Edition will be continuously updated with any changing regulations for these government programs, ensuring bankers are coordinated, compliant, and quickly responding to their customers’ needs.
“With new relief packages flowing through the banking system, bankers find themselves juggling a sea of changing programs and regulations – all while implementing a remote work environment,” says Katharine Briggs, General Manager of PrecisionLender. “The PrecisionLender CARES Edition gives bankers the insights they need to make intelligent, in-the-moment lending decisions for businesses in their communities.”
For more information on the PrecisionLender CARES Edition and the value it can bring to banks, please visit this website.
PrecisionLender, a Q2 company, is modernizing commercial banking. Its sales and coaching platform empowers bankers with actionable, in-the-moment insights so they win better deals and build strong, more profitable relationships. Andi®, PrecisionLender’s digital enterprise coach, augments banker strengths and intelligence with the latest technology and data, delivering the best recommendations at exactly the right time. 13,000+ bankers at approximately 150 banks—ranging from under $1B to over $1T in assets—use PrecisionLender’s solution. Set your bank apart with PrecisionLender’s applied banking insights. Visit https://precisionlender.com to learn more.
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