Press release

National Iron Bank Selects TurnKey Lender’s Unified Lending Management Solution to Digitize Operations to Meet Customers’ Needs and Scale Growth

Sponsored by Businesswire

TurnKey Lender, a provider of unified lending management software for evaluating borrowers, decision-making support, and digital lending process automation announced that National Iron Bank, New England’s oldest private bank, will utilize the TurnKey Lender Unified Management Solution to digitize customer experience and automate operational procedures to transform their lending operations.

National Iron Bank established in 1847, has a long-standing commitment to serving Northwest Connecticut with best in kind services. National Iron Bank CEO Steven Cornell states, “As our customers’ needs have changed over the years, National Iron Bank continues to evolve to meet those needs. One thing, however, has remained constant, we remain a small community bank in Connecticut providing private, quality service to the communities we serve. Our product offering is the result of living and working with our customers, realizing their needs and offering bank services to meet those needs. Due to the changing nature of the industry and current climate, we are excited to choose TurnKey Lender to go even beyond how we serve our customers using the most advanced digital lending technology on the market. We are starting out using the TurnKey Lender digital residential lending services and then will add on digital commercial lending services to truly digitize our banking operations.”

The TurnKey Lender Unified Lending Solution is an intelligent Unified Lending Management system that automates the entire loan life cycle. This includes application processing, risk assessment, decisioning, loan origination, underwriting, servicing, collection, reporting, archiving, compliance, and more. It also helps to pre-qualify applicants within 2 minutes using the AI-driven credit decisioning engine.

Elena Ionenko, TurnKey Lender Co-Founder & Chief Business Development Officer, states, “We are looking forward to providing National Iron Bank with the power of our platform to help digitize their credit products and help them scale their business.”

About TurnKey Lender

TurnKey Lender is a provider of award-winning AI-based loan origination and management software that is changing how businesses everywhere succeed. The company puts state-of-the-art lending software in the hands of businesses of all sizes, using proprietary technology that securely digitizes every step of credit management.