County Bank (Merced, Calif.), a subsidiary of Capital Corp of the West, has selected BizMark software from North Richland Hills, Tex.-based Cypress Software Systems to automate the bank's small business lending operations.
The bank installed the BizMark solution this summer, creating a centralized small business loan underwriting and decisioning process for County Bank's 39 branches across California.
Cypress' BizMark software automates the small business loan application and decisioning process. With BizMark, lenders can efficiently handle a variety of small business loan products, including commercial credit requests for lines of credit, term loans, corporate leases and corporate credit cards. The software gathers principal and financial statement data; retrieves and interprets consumer and business credit reports; performs ratio analysis; scores the results; and delivers a timely decision to the underwriter or relationship manager.
Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio