Penn National Small Business Loan process first use of Internet-based subscription service.
Baker Hill’s New Application Service Provider (ASP) solution enables
The banks use the Internet Service for Small Business decisions on allocation of credit
Penn National Bank and Baker Hill, Indiana-based company technology solutions, announced the success of the first edition application lending small businesses, Baker Hill’s Application Service Provider (ASP) technology. The request is considered one of the first among small business loans never quite with a sub-access service on the Internet. While consumer credit and lending activity similar decisions have used the technology so far, the complexity of small firms underwriting decisions is an obstacle for this model. Baker Hill Bank2Business.comSM asks its services.
National Penn Bancshares, Inc. currently operates 63 branches of banks in the south-east of the Pennsylvania National Penn Bank and its divisions. In January, National Penn Bancshares, Inc.
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