News & Press: Member's Press Releases

CHB Implements Credit Origination System

Tuesday, July 14, 2020   (0 Comments)
Posted by: C.H. Brown Co., LLC
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FOR IMMEDIATE RELEASE      
   
                      
CONTACT: Amy Doll
PHONE: (308) 633-9306
EMAIL: adoll@pvbank.com

 


CHB Implements Credit Origination System


WHEATLAND, Wyoming – July 14, 2020
CHB has implemented DecisionComplete©, a credit origination solution provided by Dominion Leasing Software, which will create internal efficiencies, provide an improved product, and better serve clients.  It was designed for seamless credit application processing.

With the new system, CHB now processes all applications, from start to finish, through a digital portal. This new tool permits a near-paperless environment and reduces the number of staff hours needed for data entry. Pertinent financial and equipment information is entered one time and required documents are autogenerated.

Further, the system utilizes an intelligent workflow process which results in quicker underwriting and handling increased finance volumes. This acceleration will benefit CHB clients with fast decisions, shorter turn-around times, and reduced redundancies.

Finally, the implementation of DecisionComplete© will enable CHB to grow and expand its reach within the equipment finance industry by leveraging the customer relationship management module. This capability will help CHB develop new partner relationships.  

CHB provides competitive fixed-rate loans and leases and has the ability to operate in 49 states. It is part of Platte Valley Financial Service Companies, Inc. which in addition to C.H. Brown Co. LLC., Wheatland, Wyoming also consist of Platte Valley Bank in Scottsbluff, Gering, Bridgeport, Morrill, and Sidney Nebraska; Platte Valley Bank in Casper, Torrington, Cheyenne and Wheatland, Wyoming; Mountain Valley Bank in Walden, Steamboat Springs, Hayden, and Meeker, Colorado; J.G. Elliott Insurance Center in Scottsbluff, Nebraska and Casper, Torrington and Wheatland, Wyoming.

Dominion Leasing Software is a leading provider of enterprise software and services to the equipment finance industry throughout the US and Canada.  Located in Powhatan, VA, Dominion's solutions are used by a diverse group of clients including banks, credit unions, independent finance companies, transportation companies, and vehicle lessors.  



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