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Teslar Builds on Pandemic Success

Arkansas Business, 2023-03, Vol.40 (11), p.1-10

COPYRIGHT 2023 Journal Publishing, Inc. ;Copyright Arkansas Business Mar 13-Mar 19, 2023 ;ISSN: 1053-6582

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Title:
Teslar Builds on Pandemic Success
Author: Cook, Marty
Subjects: Bank technology ; Banking industry ; Banking software ; Banking/finance/investment software ; Beliefs, opinions and attitudes ; Chief executive officers ; Commercial credit ; Company business management ; Computer software industry ; Coronavirus Aid Relief & Economic Security Act 2020-US ; COVID-19 ; Design and construction ; Ehrhardt, Joe ; Financial software ; Management ; Officials and employees ; Pandemics ; Small business loans ; Software industry ; Software services ; Technology application
Is Part Of: Arkansas Business, 2023-03, Vol.40 (11), p.1-10
Description: Teslar hit a tremendous growth spurt when the COVID-19 pandemic put enormous pres-sure on banks through Paycheck Protection Program loans. Ehrhardt said bank loans are more attractive because they generally have better rates now than those obtained through car dealerships or home improvement stores, for example, and Teslar can help banks make those loans more fea-sible to offer. "The reality is if we never hit that [$100 million] goal, but if we are still a massive impact and we're changing banking, that would be amazing." * * Teslar Software made its name helping banks efficiently process Paycheck Protection Program applications. * CEO Joe Ehrhardt's new product aims to help community banks improve consumer lending.
Publisher: Little Rock: Journal Publishing, Inc
Language: English
Identifier: ISSN: 1053-6582
Source: ProQuest Central

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Teslar Builds on Pandemic Success

COPYRIGHT 2023 Journal Publishing, Inc. ;Copyright Arkansas Business Mar 13-Mar 19, 2023 ;ISSN: 1053-6582

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