ORLANDO, Fla.--(EON: Enhanced Online News)--EnerBank USA launched a mobile loan app to provide another convenient—and highly secure—choice in applying for its myriad of home improvement loans. The EnerBank Mobile App, available for iOS and Android devices, is built with a state-of-the-art credit engine that reduces credit decision time to less than a minute, while still providing full access to EnerBank’s quality lenders for consumers preferring to work with a live professional.
“Surveys show that while security is a key concern for consumers considering mobile banking apps, more than 60 percent are already using them, with even more saying they’d increase their usage if there was more security”
“While our human touch has always been a key differentiator for EnerBank, today’s highly mobile consumers—and the sales teams targeting them—are increasingly relying on mobile applications instead of phone calls for any number of personal and business purposes, including banking,” EnerBank USA President & CEO Charles Knadler said. “The EnerBank Mobile App gives contractors the ability to offer the best of both worlds: the convenience of a secure, easy-to-use app for credit decisions in less than a minute as well as the ability to follow-up with lenders by phone to ensure any unique needs are met in a manner they are most comfortable.”
EnerBank will also continue to offer its loan-by-phone application for those consumers and home improvement contractors that prefer this delivery process. The bank anticipates that contractors will provide their customers with a choice of mobile loan app and loan-by-phone; then let them decide which one works best.
Security is Key
To protect EnerBank’s customers and to meet the requirements of banking regulations, the app secures all data using secure, modern encryption. In addition, the app will immediately delete the applicant’s data from the mobile device once the application is submitted. A highly respected cyber security specialist conducted a third-party application security test verifying EnerBank’s security capabilities.
“Surveys show that while security is a key concern for consumers considering mobile banking apps, more than 60 percent are already using them, with even more saying they’d increase their usage if there was more security,” Knadler said. “We listened to these concerns, making these apps as secure as possible so consumers feel confident sharing their personal information with us no matter which way they choose to apply for a loan to fund the home improvement project they’ve been dreaming about.”
About EnerBank USA—America’s home improvement lender of choice
EnerBank, Member FDIC, is a highly specialized bank headquartered in Salt Lake City. It exists to help home improvement contractors grow their businesses and consumers improve their homes. EnerBank provides unsecured home improvement loans to homeowners through strategic business partners and independent home improvement contractors throughout the United States. Strategic partners include manufacturers, distributors, franchisors, and major retailers of home improvement, remodeling, and energy-saving products and services. Visit www.enerbank.com for more information.