The latest initiatives in home improvement financing has been to get mobile apps into the hands of contractor salespeople. Some lenders are quick to pull the trigger, so they can get something to the market early, while others methodically design each and every feature of their application prior to launch.
So where does Medallion Bank fall? I would say that we fall closer to the second category. We never claimed to be the quickest with technology, but we understand the importance of quality work. Instead of rushing to complete a basic system, we’d rather launch something that’s 100% customized to what we do.
WHAT MAKES A GOOD APP?
Of course, it’s easy to purchase ready-built apps that get tweaked and configured to look like your own, but that’s not the direction we wanted to go. We strive to provide a mobile app that’s exactly what every home improvement sales rep wants and will diligently work to keep it that way as needs and preferences change.
If you ask a handful of sales reps what they need in a mobile app, they are going to say:
Easy to Use, and
A One-Stop Close
USING MEDALLION BANK’S MOBILE APP
Well, guess what? We’ve got all your needs covered! By focusing on building a quality home improvement financing mobile app, we made it possible for our contractors to:
Submit an application
Get it approved, often instantly
Satisfy stipulations if there are any, and
Send loan documents for signatures, all in an easy-to-use package.