Independent Banker - July 2017 - 42

SPECIAL SECTION
POWER LENDING PARTNERS
Next Generation Lending Software
Manage input, process data, respond to customer inquiry and meet compliance requirements
more efficiently than ever.
Banterra Bank, based in Marion, IL., is one of the largest
community banks in the region, with branches in Illinois,
Indiana, Kentucky and Missouri (banterra.com). In February
2015, the Bank began using DILLS™, a web-based system
from Integrated Lending Technologies to manage its indirect
lending. This partnership has proven to be a great success.
_________
Banterra's indirect program is different from most. While the
average indirect lender competes in the crowded automobile
and light truck markets, Banterra makes its living catering
to the less-served RV and boat markets. Though financing
a motor home or fishing boat is similar to financing a new
pickup truck or used sedan, it's different in several ways;
a lender's systems must be designed to handle those
differences. DILLS™ enabled Banterra to not just survive,
but to thrive in their niche.
According to Jeff May, Banterra Bank President & CEO,
a significant selling point for the DILLS™ platform was
its mobility. " It allows us to receive credit applications
via multiple platforms including DILLS™, AppOne and
Dealertrack. Also, because it's a cloud-based system, it
provides the convenience for our people to access to it
remotely through any computer or tablet. "
" Integrated Lending
Technology's web-based
system is a time-saver
for Banterra and our
customers, enabling us to
expand and grow. "
-JEFF MAY,
PRESIDENT & CEO,
BANTERRA BANK
Regarding Banterra, Will McGregor, President & CEO of ILT
said, " We were excited when Banterra came to us. We knew
we had what they needed. " The Bank's management was
concerned about the wide variety of equipment they wanted
to finance and the different application sources they would
need to make it convenient for their dealers. But, according
to Will, " I knew we would be able to eliminate those
concerns and improve their efficiency in other less obvious
ways. "
According to Mr. May, " The DILLS™ system has offered
a convenience and efficiency to our operations and our
customers that has enabled our lending programs to expand
and grow, while adding very little overhead, through the
system's ability to process and fund more deals in less time.
It also provides reporting features within DILLS™, which has
given us a better understanding of our approval and lookto-book
ratios by dealer and as a department overall. It has
been a tremendous asset to Banterra's RV & Marine Lending
Division, allowing this area to be one of the most successful
initiatives of our bank. "
Building on this success, ILT has been working with Banterra
and other lenders to improve DILLS™ through development
of the Allegro™ Lending Suite.
Expanding on the benefits
of DILLS™, the Allegro
Lending Suite serves a
broader range of lenders
from its single cloud-based
platform; reducing training
requirements, simplifying
management tasks and improving the customer experience
through three lending modules: Branch (direct), Dealer
(indirect) and Provider.
Allegro™ is about speed. It's also about time; a customer's
time, the employees' time and management's time. Contact
Will McGregor (will@iltech.us) or Pete Vehko (sales@iltech.
us) to get the whole story. It will be time well spent.
_________
__________
_
1400 Foothill Dr., Ste. 46, Salt Lake City, UT 84108
801-581-9500 | iltech.us
______
http://www.qmags.com/clickthrough.asp?url=www.banterra.com&id=20303&adid=P42A1 http://www.qmags.com/clickthrough.asp?url=www.iltech.us&id=20303&adid=P42A1
Independent Banker - July 2017

Table of Contents for the Digital Edition of Independent Banker - July 2017
