Tag: SPARK

You Won’t Find a Better SBA Lending Platform

At SPARK, we’re obsessed with SBA. We’ve seen its inner workings. We’ve built a product centered around it. We understand the positive impact SBA lending can have on our communities, particularly in challenging times.  That’s why we challenge anyone to find a platform better suited to SBA than SP...

The True Cost of Digital Resistance? Opportunity

There’s a cost to everything. Sometimes, we’re willing to pay more for a greater reward. Other times, we don’t see the hidden costs until it’s too late.  As an inherently risk-averse industry, banking has held out on digital transformation far longer than other sectors. The potential costs a...

The Benefits of a Nimbler Lending Partner

Adaptability isn’t something we take for granted anymore, especially after the pandemic. Companies were made or broken based on their ability to quickly scale and conduct business digitally. Lending was one of the most impacted industries — not only because of the millions of business loans it st...

Lending in a Post-COVID World

Life is a little different now than it was just two years ago. Perhaps you do more shopping online or you have to wear a mask when you go to the doctor.  Lending has changed too. But was it for the better? And if we continue down a more digital path, can regulators even keep…

This Year, Budget for Innovation

Budgeting is typically the same in every industry. It runs on a 12-month cycle and begins to take shape around Q3. By Q4, budgets are finalized, and in the first half of the year, everyone executes, making small adjustments along the way.  Banks generally follow the same model with an emphas...

All the Things You Wish Your Lending Software Could Do

If you had three wishes for your lending software, what would you wish? (And yes, wishing for more wishes is an acceptable answer.) That’s because building reliable software isn’t finite — it’s a continuum of iterations and modifications to meet users’ needs and adapt to changing times.  Thi...