LoanStar Technologies
LoanStar helps banks and credit unions build and power point-of-sale lending programs by providing merchant and consumer-facing front-end technology along with the market knowledge to structure a successful program. Additionally, LoanStar can layer in their merchant facing sales team to drive results, generating high-yielding consumer loan portfolios, and new small business relationships.
LoanStar provides everything to successfully deploy a new program, or streamline an existing merchant lending program, including MeridianLink Consumer integration, templates for compliance/legal and recommended pricing. By eliminating the need for face-to-face interaction at a lender, LoanStar allows the lender to drive opportunities that they may miss, as a typical high credit borrower may take advantage of an offer from the merchant.