Case Study: First Savings Bank accelerates SBA lending with Biz2X

First Savings Bank accelerates SBA lending to 13 days with Biz2X

First Savings Bank, a community bank based in Indiana, sought to improve its SBA lending application workflow to enhance customer experience and support its national expansion. To achieve this, the bank partnered with vendor Biz2X to implement its SBA Platform.

Biz2X's solution provided an improved online application process and a state-of-the-art system for underwriting and managing loans. After going live, First Savings Bank saw significant results, including an average application-to-decision time of 13 days and over 800 applications created in 2023, demonstrating the measurable impact of the Biz2X platform.

First Savings Bank