RIDGELAND, Miss.: Vergent LMS, a leading provider of comprehensive loan management solutions, proudly announces the launch of the Vergent EMPOWER Program (Empowering Lenders with Advanced Loan Management Solutions), a cutting-edge End-to-End Lending Platform tailored for community banks and credit unions. This innovative program supports these financial institutions in their mission to better serve their communities, with a particular focus on the critical role of personal loans.

Community banks and credit unions are at the heart of local financial ecosystems, offering personalized service and fostering economic growth. In today’s competitive landscape, it is imperative for these institutions to provide a wide range of financial products that meet their customers' diverse needs. Recognizing this, the Vergent EMPOWER Program equips community banks and credit unions with the tools to streamline operations, enhance customer experiences, and drive financial inclusion.

“Community banks and credit unions are pivotal in driving economic growth and providing financial services that meet the unique needs of their customers,” said Scott Putnam, CEO of Vergent LMS. “The Vergent EMPOWER Program is designed to equip these institutions with the tools they need to offer essential products like personal loans, thereby enhancing financial inclusion and supporting the prosperity of their communities.”

The Vergent EMPOWER Program helps community banks and credit unions manage the entire lifecycle of a loan with a simple-to-use single installation. From origination to servicing and collections, the program covers all aspects of the lending process, ensuring seamless and efficient operations. Its powerful analytics provide actionable insights, helping institutions make informed decisions and optimize lending strategies. A user-friendly interface ensures ease of use for staff and customers, while state-of-the-art security measures protect sensitive data and ensure regulatory compliance.

About Vergent Loan Management Software

Vergent Loan Management Software (Vergent LMS) provides an omnichannel lending solution for lending institutions and financial services organizations. Based in Texas and Mississippi, Vergent offers an end-to-end solution for consumer, small-dollar, auto, and online lenders. Founded in 2006, the company serves lenders in the U.S., Canada, Mexico, and Central America. With over $690 billion serviced and 20,000 active users, Vergent offers lenders intuitive software that seamlessly adapts to any business. To learn more about Vergent LMS, visit vergentlms.com.

Fonte: Business Wire