Grow Financial Federal Credit Union Selects Baker Hill NextGen® to Drive Business Loan Growth

9/26/2023 2:18:29 PM

Grow Financial Federal Credit Union has chosen to partner with Baker Hill to grow its business loan portfolio.

Baker Hill, the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, has added Grow Financial Federal Credit Union as its newest client. The credit union has chosen to partner with Baker Hill to grow its business loan portfolio.

Founded in 1955 and based in Tampa, Florida, with over $3.5 billion in assets, Grow Financial serves more than 250,000 members with 26 locations across Florida and South Carolina. Whether it's helping people save money, managing day-to-day expenses or promoting financial literacy, Grow aims to help members within their local communities succeed and prosper.

To empower business members to thrive financially, Grow has chosen Baker Hill NextGen® Small Business Loan Origination to streamline its business lending process. Prior to Baker Hill, the credit union was burdened with manual workflows and multiple legacy systems that made it difficult and more time-consuming to respond to and process loan requests for business members. By implementing Baker Hill NextGen® Small Business Loan Origination, Grow can process more business loan applications with greater accuracy and consistency, and optimize its business loan portfolio for growth.

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