Baystreet Staff -

Sutton Bank to Launch a New Small Business and Consumer Digital Lending Platform

[ACCESSWIRE]

ATTICA, OH / ACCESSWIRE / May 2, 2016 / Sutton Bank announced that it will partner with R.C. Giltner Services, Inc. to deploy a new digital lending technology platform this summer for small businesses and consumers. This technology platform allows Sutton Bank to provide compliant loans to small businesses and consumers in minutes online with a computer or mobile device.

"We have been closely watching the emerging digital lending space and considered several options. We want to provide the best access and service to our customers in the new environment," said Eric Gillett, Chief Executive Officer of Sutton Bank. "We take pride in being a top small business lender in Ohio and providing a digital option allows us to better serve our customers as well as attract a growing segment of the market. It also significantly reduces our costs in delivering loans under $50,000 through our entire retail network team," he continued.

According to Greg Schreacke, CEO of R.C. Giltner Services, Inc., "Sutton Bank is a progressive, independent community bank, focused on providing superior service to the families and businesses of Ohio. We are pleased to partner with Sutton Bank in achieving that goal with our cloud-based digital lending solution."

While many are partnering with non-bank online lenders, R.C. Giltner Services, Inc. technology is unique in the industry as it allows the bank to maintain control of the process, from underwriting through delivery, something that has always been important to Sutton Bank.

Sutton Bank will begin offering the services to businesses and consumers in the second quarter of 2016.

About Sutton Bank

Founded in 1878, the history of Sutton Bank is fundamentally linked to the development of southeastern Seneca and western Huron Counties. Attorney Lester Sutton opened the bank to serve the growing needs of merchants and farmers in Attica, OH. It has long been a community pillar, staying strong through the Great Depression, times of war and fluctuating economies. Sutton continues to be a vibrant bank fueled by the vigor and efficiency of its community.

About R.C. Giltner

R.C. Giltner provides digital lending technology to financial institutions and is headquartered in Louisville, Kentucky. For more information, please contact Robert C. Giltner at 502-640-1989 or [email protected].

SOURCE: R.C. Giltner Services, Inc.