How they describe themselves: For 35 years, Baker Hill has been a trusted advisor to financial institutions across the country and has been relied on to provide both solutions and advice to improve lending decisions and operations. Baker Hill is the number one provider of member business lending services, currently serving 500 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 longevity, appreciating its commitment to technological innovation which provides an opportunity to achieve a competitive edge.
How they describe their product/innovation: Baker Hill will demo its small business online loan application and auto decisioning solutions, which are powered by Baker Hill NextGen®, the cloud’s most powerful common loan origination, risk management and analytics solution. Baker Hill’s online loan application makes it easier and faster for customers to apply for small business loans while Baker Hill’s auto decisioning conforms to each institution’s credit policies and delivers decisions based on application data, credit scores, credit bureau attributes and calculated data. Together, these solutions ensure financial institutions meet customer expectations for convenience, speed and transparency within the origination process while supporting a profitable loan portfolio.
Product distribution strategy: Through financial institutions