Case Study: TAB Bank streamlines lending and accelerates growth with Biz2X

TAB Bank boosts loan volume 3x with Biz2X

TAB Bank, a Utah-based regional bank, sought a platform to improve both its front and backend lending experiences to better serve small and medium-sized businesses. Their challenge was to streamline a high volume of term loans and achieve the efficiency required for significant growth. To meet this mission, they partnered with Biz2X for a digital solution.

The solution was the implementation of the Biz2X Ascend platform, which provided a streamlined borrower journey and a customized banker portal. As a result, TAB Bank achieved a 27% increase in the average loan amount and reduced the average decision time from 19 days to just 7 days. The partnership with Biz2X enabled the bank to triple its year-over-year loan volume growth.

TAB Bank