Community Bank of the Bay Partners with Numerated to Launch Digital Lending for Businesses
Community Bank of the Bay (CBB), a leading San Francisco Bay area commercial bank, has partnered with Numerated, the fast-growing fintech making business banking easy for financial institutions and their clients. With a reputation for being an innovative community bank, CBB will use Numerated's digital lending platform to meet business clients' growing demand for digital channels. CBB will leverage Numerated's digital lending platform to offer Oakland businesses term loans and lines of credit up to $250,000, completely digitally, from application through closing. In doing so, the bank will offer convenient digital borrowing channels and fast loan decisions to businesses, while benefiting internally from efficiency gains in their lending operations.