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Lenders Cooperative & Ventures Lending Technologies Announce Merger to Create Powerful Lending Platform

Lenders Cooperative & Ventures Lending Technologies Announce Merger to Create Powerful Lending Platform

12/17/24, 4:12 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgmechanicsburg
Industry
banking
lending
financial services
Type
partnership
Lenders Cooperative and Ventures Lending Technologies have announced their intent to merge, creating an entity that will deliver best-in-class commercial loan origination and integrated commercial loan servicing capabilities to a wide range of financial institutions. The merger sets the stage for the combined organization to become the premier technology company offering loan solutions and shared services for commercial banks, credit unions, Certified Development Companies (CDCs), Community Development Financial Institutions (CDFIs), and other fintech companies providing commercial and government guaranteed loans to their local businesses and communities.

Company Info

Company
Lenders Cooperative
Location
mechanicsburg, pennsylvania, united states
Additional Info
Lenders Cooperative (LC) is a leading provider of integrated small business and commercial lending platforms coupled with professional services across underwriting, closing and servicing operations. LC currently works directly with over 500 financial institutions nationwide.

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