Lenders Cooperative
LENDING
Lenders Cooperative supports over 140 community financial institutions. Offering best-in-class loan origination software and professional services. The cooperative allows banking institutions to share best practices and have a 'seat at the table' as new technologies are developed. We are a forward-thinking group of community bankers, led by Summit Technology Group, who recognized the need for better innovation and solutions to support community bankers' lending efforts. As a subsidiary of STG formed in 2019, we provide a variety of loan solutions and shared services for banks, credit unions, and fintech's offering small business (SMB), Small Business Administration (SBA), and commercial loans to their local businesses and communities. Our cloud-based loan origination system was created to revolutionize community bankers' small business and commercial lending initiatives. It fully integrates with customers' current systems, offering streamlined, end-to-end workflows that were created to support the SBA's Paycheck Protection Program (PPP) during the pandemic.