Teslar Software Launches Indirect Lending Solution
Summary
Teslar’s indirect lending product allows community institutions to partner with local businesses to offer financing options to their customers for purchases like power sports, outdoor equipment, lawn and garden, furniture and more. “Traditionally, many community financial institutions have shied away from offering indirect lending, which is a missed opportunity,” said Joe Ehrhardt, CEO and founder of Teslar Software. “By simplifying, digitizing and automating this process, we’re helping institutions grow and diversify their portfolios while also offering valuable new services and options to their business customers. Teslar transforms commercial lending by providing easy access to centralized, relevant information to balance portfolios, optimize profits and help community bankers effectively serve their customers. Named Best Solution for Lending by the 2021 FinXTech Awards, Teslar Software continues to earn their reputation as a top technology provider for community institutions.