How they describe themselves: For over 30 years, Baker Hill has been a trusted advisor to financial institutions across the country to improve lending decisions, risk management, client engagement and operations. Baker Hill is the number one provider of member business lending services and currently serves nearly 600 banks and credit unions, including 20 percent of the top 100 banks and 20 percent of the top 25 credit unions. Financial institutions have confidence in Baker Hill’s strong industry track record, and appreciate its commitment to innovation.
How they describe their product/innovation: Baker Hill NextGen™ is Baker Hill’s cloud-based common loan origination, portfolio risk management and decision support system. Baker Hill NextGen is the only end-to-end, integrated loan origination, relationship management, business intelligence and risk management platform designed to meet the current and future needs of financial institutions in one platform. Baker Hill NextGen™ integrates seamlessly with other platforms and core databases to push institution-wide information and reports to a configurable dashboard built to deliver easily consumable data. Users enjoy a streamlined workflow with access to one source of data, decisions and insight through roles-based dashboards using any smart device.
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms