Popular Bank Partners With Biz2Credit to Streamline Small Business Lending
New York based Popular Bank ($9.5 billion in assets) has contracted with Biz2Credit for automating commercial loan approvals as well as help under underwriting loans under $100,000. This is the latest in a series of high profile bank-fintech partnerships and follows on from the news later week of the PNC/OnDeck partnership. Popular Bank, the mainland U.S.-based division of Puerto Rico’s Popular Inc., is one of a handful of U.S. banks to adopt the Biz2Credit software. Source.