MOUNDS VIEW, Minn. – Liberty Enterprises has cut a deal to bring advanced business lending solutions to credit unions. The company's core processing arm, Liberty FiTECH Systems, will be offering Baker Hill's LiquidCredit Bank2Business loan-origination service to credit unions across the country. The browser-based, hosted service manages the application process from inception through document preparation, the companies said, and, they said, it's the only one of its kinds that combines small-business lending with predictive credit modeling (from Fair, Isaac and Company) in one solution. "It's clear that the credit union marketplace is seeking business lending solutions that will help meet members' expectations," said Mark Hill, president of Baker Hill in Carmel, Ind. "Our agreement with Liberty FiTECH opens credit unions' doors to a streamlined loan process that ensures quality and consistency, while impacting their bottom line," he said.
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