For lenders to deliver the right information to the right user at the right time, commercial loan pricing needs to be connected and intuitive. In addition, intelligence pricing must provide visibility into profitability for executives. With on-platform pricing, calculating loan pricing becomes transparent, fast, and more consistent across the institution. An added bonus: lenders have more time to focus on growing relationships.
The advantages are significant. For example, by leveraging nCino’s Commercial Pricing and Profitability on-platform solution, financial institutions such as Huntingdon Valley Bank are enabling smarter pricing decisions throughout the entire commercial deal lifecycle, maximizing profitability based on policies and financial targets individualized to each institution.