Bremer Bank Selects Numerated to Power Digital Business and Ag Lending
BOSTON--(BUSINESS WIRE)--Sep 13, 2018--Numerated, the financial technology company powering digital transformation of business lending, welcomes Bremer Bank as a customer. Bremer is planning a digital upgrade later this year with Numerated’s automated lending platform to enhance the business and ag lending experience for customers across the Bremer footprint. Bremer is the third bank with more than $10 billion in assets to partner with Numerated since the company was founded in 2017.
“We pride ourselves on continuously looking for ways to enhance our relationships with small business and ag customers who are increasingly looking for more convenient ways to streamline and simplify their banking needs,” shared Keith Ahrendt, Chief Credit Officer with Bremer Bank. “We chose Numerated to transform the lending experience for our customers, and look forward to implementing this solution. The end-to-end solution will allow us to continue to develop and deepen customer relationships while increasing convenience, transparency and speed that a digital solution provides.”
Numerated’s real-time lending platform offers Bremer a dynamic, data-driven credit decisioning engine and intelligent routing capabilities that tailor the underwriting process in real-time, including support of loans and lines of credit.
“Bremer Bank has a strong reputation in the business community, with a commitment to providing their customers with innovative products and services,” shared Dan O’Malley, Founder and CEO of Numerated. “Numerated’s platform will continue to build on this reputation and we look forward to working alongside Bremer to help with expanding market share.”
Bremer is constantly striving to identify ways to improve the customer experience and with Numerated’s platform it will position Bremer to attract tech-savvy customers while gaining operational efficiencies.
About Bremer Financial Corporation Bremer Financial Corporation is a privately held, $12 billion regional financial services company jointly owned by the Otto Bremer Trust and Bremer employees. Founded in 1943 by Otto Bremer, the company is headquartered in St. Paul, Minnesota and provides a comprehensive range of banking, mortgage, investment, wealth management, trust and insurance products and services throughout Minnesota, North Dakota and Wisconsin. Clients include small businesses, mid-sized corporations, agribusinesses, nonprofits, public and government entities, and individuals and families.
About Numerated Numerated powers the digital transformation of business lending at banks. Numerated’s end-to-end platform profitably grows business portfolios through a powerful combination of real-time lending customer experience, automated credit decisioning, and modern marketing and sales tools that attract and win businesses. Numerated was developed in 2015 within and for Eastern Bank, and was spun-out as an independent company in 2017 after meaningfully growing its business loan portfolio. To learn more, visit www.numerated.com.
© 2018 Bremer Financial Corporation. All rights reserved.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180913005074/en/
CONTACT: Bremer Bank Contact:
Marcia Jensen, 651-312-3708
Cheryl Kardos, 857-254-4193
KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET SOFTWARE PROFESSIONAL SERVICES BANKING FINANCE
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PUB: 09/13/2018 08:00 AM/DISC: 09/13/2018 08:01 AM