Santander Offers Expedited “Two Days to Fund” Process
NEC member Santander Bank recently announced the creation of “Two Days to Fund,” a new expedited loan-approval process to ease the process and benefit customers.
The “Two Days to Fund” process allows customers to both sign up and receive funds for up to $35,000 in personal loans and lines of credit within as few as two days with the new expedited approval process. Qualified borrowers will also be able to close on loans remotely through the online signing software DocuSign.
“The new initiative simplifies the loan application process considerably for qualifying customers, reducing the time it takes to get a loan from 20 or more days to as few as two days and replacing the existing paper-based, in-branch loan closing process for personal loans and personal lines of credits,” said Santander’s Head of Consumer and Business Banking, Michael Cleary.