FORT LAUDERDALE, Fla. – June 21, 2022. Velocity Solutions’ digital business lending team will present a 2-hour virtual summit on August 2, 2022, at 11:00AM ET. The event is targeted to executive decision makers at banks and credit unions across the country that are looking to introduce efficient business lending to their lines of business, seeking alternative platforms to their existing offerings and/or interested in discovering the options and learning more about the business lending marketplace. The Velocity Solutions team has hosted many educational events for financial institution executives over the past decade with their Velocity Executive Summits, typically offered six to eight times each year and located in popular business meeting destinations across the country.
Highlights of the August 2nd event include:
- The business case for business lending
- An overview of Velocity’s Akouba® platform for larger loans that allows business lending to be efficient, convenient and profitable
- The introduction of Akouba Micro™, the industry’s only business microloan with automated underwriting based on alternative data
- Risk management/compliance
- Demonstration of both platforms
“We felt it was time to shine a light on digital business lending,” said Mike Triggiano, EVP of Product Management & Corporate Development. “So many of the banks and credit unions that we work with have business account holders that need funding to help their businesses thrive. For years, it’s been prohibitive for community financial institutions to offer loans to these account holders due to the technology, staff and resources required. But with Velocity’s innovative and automated platforms, our clients can efficiently implement lending programs to support their community’s business owners, whether they need microloans or larger amounts of capital to help them grow and expand.”
To register for the complimentary Digital Business Lending Summit, visit: www.myvelocity.com/DBLSummit.
About Velocity Solutions, LLC
Founded in 1995 and servicing the transaction accounts of over 30 million consumers and business owners, Velocity Solutions is the leading provider of technology solutions that drive revenue, service and compliance for community banks and credit unions. Our Velocity Intelligent Platform® powers all of Velocity’s solutions, using machine-led intelligence that delivers powerful analytics, manages risk, and drives revenue, loans, account holder engagement and non-interest income to our client financial institutions. For more information, please visit myvelocity.com.