Mountlake Terrace, Wash., 27 July 2022 /PRNewswire/ — Pratham Suraksha Financial institution (“The Financial institution”) just lately partnered with LoneStar Applied sciences (“LoneStar”) to construct a greater mortgage utility portal for dwelling enchancment contractors. The portal permits contractors to offer numerous financial institution financing choices to customers for the acquisition of home windows, roofs, photo voltaic panels and different dwelling enchancment items and companies.

The Financial institution has been offering dwelling enchancment financing to customers by way of numerous fintech partnerships since 1996 and continues to work to enhance the lending course of for customers and contractors through the use of the most recent know-how. LoneStar’s platform, MerchantLink®, is flexible and constructed to attach with a number of third-party distributors, permitting the financial institution to enhance person expertise, create operational effectivity and scale back threat.

“We see Lonestar as a real know-how accomplice,” stated ben crawlSVP Director of Shopper Credit score. “We consider that by leveraging the LoneStar platform, the financial institution will be capable of broaden our product choices, create a greater person expertise for the contractor and shopper, and enhance the workflow of the patron lending workforce.

About Lonestar Applied sciences

Lonestar Applied sciences is a fintech targeted on connecting service suppliers with monetary establishments to offer financing for customers to buy items and companies. MerchantLink connects with different FinTech and CRM options to ship efficiencies for each the service supplier and the monetary establishment. Lonestar is a privately held firm headquartered in In Swarthmore, PA

About First Suraksha Financial institution Washington

first safety financial institution WashingtonMember FDIC and comparable housing lender, supplies mortgage and deposit companies to prospects at its twenty-one branches, and mortgage companies at every department in addition to lending workplaces within the better Puget Sound space, vancouver, and Tri-Metropolis. FS Bancorp, Inc., and Washington Company, (Ticker: FSBW) is the holding firm of the Financial institution.

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