When the team at Umpqua Bank, an Oregon-based community bank, chose Mirador to help them modernize their small business loan application process, they didn’t just streamline an outdated process, they made it possible for local business owners to more easily acquire the funding they need to grow their businesses. Take Yong Hwan Seo (David), owner […]
Mirador will be attending, sponsoring, and speaking at the 15th annual Business Banking Conference May 21st – May 22nd, hosted by Barlow Research Associates, Inc. This gathering will bring together Bank and FinTech thought leaders from all over the country to discuss the opportunities and challenges in serving the financial needs of small business and middle […]
In 2014, Trevor Dryer and William Beaver founded Mirador to solve the funding problem many small businesses are facing. While there are many options when seeking credit, the process and the industry can be confusing, frustrating, and clouded. Mirador started because small business owners needed more accessible and transparent credit options. We’ve since expanded our […]
There is increasing pressure on traditional lenders to create a better borrower experience, one that is simple, fast and digital. Alternative lenders with customer-centric business models are making a real impact in this space. They understand the importance of removing friction from the customer journey. For banks, credit unions and other traditional lenders that want to survive […]
Mirador is a 2018 LendIt Fintech Industry Awards Finalist Industry leaders have recognized Mirador’s powerful small business lending platform as an outstanding achievement in financial services innovation. LendIt Fintech, the world’s leading event in financial services innovation, announced today that they have selected Mirador as a finalist in the Top Small Business Lending Platform category […]
Mirador Discusses Digital Lending at KBW Winter Financial Services Conference How are banks approaching digital lending? How is the importance of customer experience changing the financial industry? What trends are we seeing in credit? How do Fintech partnerships operate from a regulatory perspective? These are some of the questions Rich Heller, VP of Business Development […]
Credit Union Times recently shared a story, “AI Helps Credit Unions Book More Loans”, about how Mirador uses machine learning and predictive analytics to help credit unions level the playing field against larger institutions in originating small business loans. Most credit unions don’t have the resources to compete with the big banks or fintech newcomers […]
When it comes to financial services the main benefit most fintech newcomers have over traditional banks and credit unions is convenience. While there have always been people willing to pay a higher price for more convenience, many are shocked to see how much some businesses are paying for a quick loan. It’s not a stretch […]
There are millions of Americans that do not have a bank account and/or have little to no participation in the formal financial system. According to a survey conducted by the Federal Deposit Insurance Corporation (FDIC), “approximately 15.6 million adults were ‘unbanked’ in 2015.” An additional 51.1 million adults were considered to be “underbanked,” meaning they […]
FinTech on the Hill Update Regulatory Relief Gets a Bipartisan Boost Ever since the Dodd-Frank financial services reform bill became the law of the land, the heavy hand of federal regulation remains a constant weight on the shoulders of community and regional banks across the United States. Lending suffers, the cost of capital increases and […]
