What's New at Baker Hill

Baker Hill Client Berkshire Bank Spotlight | American Banker

3/11/2016 5:03:56 AM

Peter Rice and Denise Thomson of Berkshire Bank, a Baker Hill customer, recently spoke with American Banker reporter Bryan Yurcan about the bank’s rapid small business lending growth. In the article, published on March 11, Bryan details how deploying technology from Baker Hill helps Berkshire Bank streamline loan origination processes and monitor its credit portfolio to mitigate risk. The article summarizes the bank’s quarterly loan application volume growth of 775% since 2013 as well as its drastic reduction in underwrite times from 2,500 minutes to just 125 minutes. Originally published online, the article also appeared on page 4 of American Banker’s March 15, 2016 issue.