Osaic has entered into a new partnership with Community Capital Technology aimed at providing a modernized digital loan marketplace to its national network of wealth management firms and financial professionals.
By integrating CCT’s proprietary platform and national loan origination network, the Osaic CapitalHub will enable advisors to connect clients directly with a range of banks, credit unions and financial institutions. The approach is designed to enhance efficiency, liquidity and transparency across the loan lifecycle, according to the announcement, including in the loan origination process.
“Access to capital is increasingly becoming a key differentiator in how advisors deliver holistic value to their clients,” Greg Cornick, executive vice president of advice and wealth management at Osaic, said in a statement. “This new partnership gives our financial professionals a competitive edge, enabling them to diversify their service offerings, accelerate their growth and deepen client relationships.”
CapitalHub, Cornick added, will provide opportunities for advisors to broaden their value proposition through streamlined lending access powered by CCT’s lender network, which spans more than 1,400 financial institutions nationwide.
There is “significant crossover” between CCT’s lender network and Osaic's financial institution partners, according to the announcement, which will strengthening alignment and outreach.
“CCT’s mission is to use technology to create a transparent, data-driven digital marketplace that drives innovation across the financial ecosystem,” said Garrett Smith, founder and CEO of CCT. “Partnering with Osaic further advances that mission, equipping advisors with intelligent loan sourcing and origination tools to serve clients’ credit needs more holistically, while opening up a powerful new channel for growth across our financial institution network.”
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