#United States #AI Platform #SecureLend #lending automation #Dover, Delaware

Transforming Community Banking with SecureLend's AI-Driven Platform

In a groundbreaking move for community banks, SecureLend Inc. recently announced the official launch of its latest AI-powered lending platform. Designed to supercharge the loan origination process, this platform promises efficiency gains of up to ten times and substantial reductions in costs—up to 60%—for community banks and alternative lenders alike. Based in Dover, Delaware, SecureLend is at the forefront of the fintech revolution, leveraging a large language model (LLM)-agnostic architecture. This flexibility allows financial institutions to seamlessly transition between different AI engines like OpenAI, Anthropic, Google Gemini, and DeepSeek, thereby avoiding vendor lock-in.

Community banks have historically struggled to compete against digital-first challengers that are rapidly gaining market share. Research from the FDIC reveals that these banks have seen their share of banking assets shrink by half over recent decades. In critical areas such as small business lending, digital competitors are now responsible for capturing 30-50% of new business annually. Without embracing modernization, community banks risk suffering double-digit declines in profits.

Interestingly, a study by Freddie Mac found that the manual process of mortgage origination can incur costs averaging around $11,600 per loan, largely driven by the time-consuming procedures involved in document verification and underwriting. SecureLend’s platform effectively addresses these challenges by automating the entire workflow, from initial borrower communication powered by AI to the swift generation of critical credit memos. According to Tobias Pfuetze, the founder and CEO of SecureLend,