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259) Co-Opting Community: Transforming the Indirect Lending Experience

259) Co-Opting Community: Transforming the Indirect Lending Experience

FromBanking on Digital Growth


259) Co-Opting Community: Transforming the Indirect Lending Experience

FromBanking on Digital Growth

ratings:
Length:
28 minutes
Released:
Jan 2, 2023
Format:
Podcast episode

Description


Community institutions are the backbone of lending for many businesses and individuals.  

But when it’s easier to do business with bigger banks when it comes to consumer lending, community banks and credit unions lose.

Joe Ehrhardt, CEO & Founder of Teslar Software, joins the show today with incredible, concrete examples of how you can better make your small, local financial brand stack up to the big boys.

Commercial loans are not the only way forward — catering to consumers can also be a path as long as you’re making sure the consumer experience is modern and relevant to their needs.

If your own executive board can’t do your processes, neither can your customers.


Join us as we discuss:

- Community banking’s reluctance to offer indirect loans (3:05) 
- Educating consumers and local businesses on community lending (10:00)
- Why financial leaders need to try their digital products (22:09)

Check out these resources we mentioned during the podcast:
- joe@teslarsoftware.com
- Teslar Software

You can find this interview and many more by subscribing to Banking on Digital Growth on Apple Podcasts, on Spotify, or here.

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Released:
Jan 2, 2023
Format:
Podcast episode

Titles in the series (100)

If you’re part of a financial brand marketing, sales, or leadership team, you know the entire industry is in the midst of exponential change fueled by new technologies. Consumers now make purchase decisions long before they walk into a physical branch location, if they walk into a branch at all, while mobile banks, digital lenders, and fintechs have transformed traditional growth models rooted in legacy broadcast marketing and branch sales strategies.Get ready to gain practical insights, proven ideas, and empowering inspiration as financial brand marketing and sales leaders, along with the leading digital marketing and sales technology firms, share their stories to help you maximize your digital growth potential here on Banking on Digital Growth.