SPRINGDALE, Ark – (BUSINESS WIRE) Credit process for all types of credit.
Red River Bank, based in Alexandria, La., Is currently growing and expanding into additional markets across Louisiana. The bank wanted a technology solution that would improve the lending process and offer greater productivity and consistency. After a thorough examination of several providers, the bank decided in favor of Teslar Software because of the practical approach of fintech to customer service and the ingenious adaptation of the system. The bank is starting with Teslar’s exception and construction loan management technology and plans to implement the comprehensive suite later so that all credit processes run through Teslar.
“Teslar Software’s commitment to helping its customers not only successfully implement the technology, but also optimize the platform in the months and years to come, was one of the main reasons we made our decision,” said Tammi Salazar, Red’s chief operating officer River Bank. “In addition, the comprehensive and transparent nature of the platform is really attractive. Teslar’s full suite of modules works well and integrates seamlessly, which helps improve accuracy, quality and lead time for complex transactions. ”
With Teslar, bank employees gain better insight into their customer relationships so that they can better serve their customers. In addition, the technology provides notifications based on credit type, which helps strengthen the bank’s compliance and risk position.
“Red River Bank is an innovative institution that recognizes that its technology strategy has a direct impact on its competitive position,” said Joe Ehrhardt, CEO and founder of Teslar Software. “By partnering with us, Red River Bank creates new efficiencies that improve the experience for lenders and borrowers alike. We look forward to supporting the bank in its strong organic growth. ”
Via Teslar software
Teslar Software provides portfolio management tools for collaborative financial institutions that aggregate and automate lending and deposit operations in a single system so institutions can scale and improve all aspects of the bank. This SaaS solution with over 20 modules increases efficiency by providing easy access to centralized, relevant information to balance portfolios, optimize profits and help community bankers serve their customers more efficiently and better understand their needs. Please visit www.teslarsoftware.com to learn more.