Simplify Lending with DocuSign eSignature and Baker Hill NextGen®

Banks and credit unions have weathered significant disruptions over the past few years, from a global pandemic to the highest interest rate increases since 1994. In this environment, it’s imperative for lenders to future-proof their operations, starting with investments in technology that promote efficiency and cost savings. Moreover, today’s customers are increasingly looking for speed and ease in their lending experiences and heightened competition from fintech entrants are raising pressures for banks and credit unions to deliver against these expectations.

Many lenders have digitized parts of the lending process, yet there are steps today that remain disconnected. That’s why DocuSign eSignature is integrated into Baker Hill’s NextGen loan origination platform -- to help lenders build a more connected and efficient lending process.

Baker Hill NextGen offers a single unified platform that streamlines loan origination and portfolio risk management for commercial, small business, and consumer lending. DocuSign eSignature is the world’s #1 way to sign electronically on practically any device, from almost anywhere, at any time. When brought together, DocuSign and Baker Hill offer lenders a seamless way to prepare and send loan documents out for electronic signature without ever leaving the NextGen platform. 

Here’s how it works:

1. Log into Baker Hill NextGen
2. Generate and tag loan documents for signing via Compliance Systems
3. Select relevant transaction documents 
4. Hit “send via DocuSign” to route documents to either client portal or email
5. Signed documents are automatically routed back to Baker Hill NextGen

The result is an easier, faster, and more secure process for all parties involved. Borrower identity verification is also supported throughout this process.

“The Fintech ecosystem has changed the way that borrowers want to interact with banks and have introduced a variety of competing pressures today for banks and credit unions,” shares Mike Horrocks, vice president of product management at Baker Hill.  “By creating a partnership with DocuSign and Baker Hill’s loan origination solution, Baker Hill NextGen® we are able to support those strategic initiatives to go paperless, provide a superior customer experience, and improve your overall compliance with the benefit of DocuSign’s electronic signatures solution.”

To learn more about this solution, contact your DS or Baker Hill account representative or sales@docusign.com to learn more or visit www.bakerhill.com.