Lenders Cooperative
@lenderscooperative.com
Allocore powers the leading government loan, grant, and fraud programs with the expertise of large commercial banking enterprises.
Lenders Cooperative's Company Logos
Lenders Cooperative's Brand Colors
Hex Code
Color name
RGB
HSL
CMYK
#00B3D8
Cerulean
0, 179, 216
190, 100, 42
100, 17, 0, 15
#F6FAFF
Zircon
246, 250, 255
213, 100, 98
4, 2, 0, 0
#19367C
Chathams Blue
25, 54, 124
222, 66, 29
80, 56, 0, 51
About Lenders Cooperative
Lenders Cooperative is a client-owned cooperative that represents a community of forward-thinking banking institutions. With over 140 financial institutions as customers, Lenders Cooperative offers best-in-class loan origination software and shared services. The cooperative serves as a platform that allows banking institutions to share best practices and actively participate in the development of new technologies.
As a standalone platform, Lenders Cooperative aims to revolutionize community bankers' small business and commercial lending initiatives. Led by Summit Technology Group, the platform provides a range of loan solutions and shared services for banks, credit unions, and fintech companies offering small business (SMB), Small Business Administration (SBA), and commercial loans. Lenders Cooperative's cloud-based loan origination system seamlessly integrates with customers' existing systems, streamlining their workflows and providing support for programs like the SBA's Paycheck Protection Program (PPP).
As a lender-focused platform, it offers unique value by allowing interested financial services clients to obtain equity ownership, enabling them to contribute to product development and customer success. In addition to technology solutions, Lenders Cooperative offers staff augmentation services such as credit underwriting, SBA Loan Service Provider (LSP) support, bank operations, and white label call center support. These services are provided by experienced professionals with extensive commercial banking experience, giving institutions the flexibility to adapt to market conditions and select the services they need to achieve their strategic goals.
By fostering a community of bankers actively exchanging shared knowledge, Lenders Cooperative provides its users with a front-row seat to today's innovation and future developments. Their mission is to help community financial institutions stay relevant, competitive, and focused on their strengths while serving the needs of local businesses. With Lenders Cooperative, institutions can modernize their lending processes, better meet their customers' needs, and continue their innovation journey in support of their communities
