Centier Bank Automates its Small Business Lending Operations with Cypress Software's BizMark
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Overview: Small business lending is big business at Centier Bank of Merrillville, Ind., and their mission is helping entrepreneurs get their businesses off the ground. With humble beginnings itself, the bank was founded in 1895 by Henry Schrage with total capital of $35,000. Centier has since grown, and today holds more than $1.8 billion in assets with 44 branches across the state. With that growth came a need for a faster and more efficient small business loan origination system. That’s when Centier turned to Cypress Software Systems and its BizMark software to create a fully automated loan process – from application entry, to credit information retrieval to decisioning. The result has been added efficiency, speed and, ultimately, customer service.