FVCbank is a $2.35 billion asset-sized Virginia-chartered community bank serving the banking needs of commercial businesses, nonprofit organizations, government contractors, and professional service entities

katie-harp-ASH1EYhN7D4-unsplash

FVCbank Simplifies and Streamlines Lending for Smaller Businesses. (Credit: Katie Harp on Unsplash)

Fairfax-based FVCbank introduced the newest technology to make borrowing easy for business clients. By introducing the Lightning Lending program to its portfolio of technologically-efficient banking products, the commercial community bank continues its strategic commitment to transitioning from a traditional banking model to a more sophisticated fintech bank of the future, better serving the needs of its customers.

“FVCbank is committed to pivoting in today’s high-tech financial environment by embracing innovative systems. As a result, our customers will enjoy an easier, faster, and more user-friendly loan experience,” said Chairman & CEO David Pijor. “Business owners can now complete the loan application and underwriting process quickly, efficiently, and securely, often in minutes. Approved applicants receive funds into their FVCbank account within 48 hours,” Pijor continued.

“With the need for speed and time being such a precious asset,” added President Patricia Ferrick, “we can now offer qualified applicants a path around time-consuming paperwork and underwriting with this sophisticated loan origination system. By fully embracing the benefits of fintech, FVCbank can evolve into the community bank of the future today.”

FVCbank’s Lightning Lending program will offer a seamless digital application for term loans up to $500,000 to business owners throughout Northern Virginia, Maryland, and Washington, DC. This platform is particularly useful for smaller businesses and underserved communities.

Source: Company Press Release