Press release

Climate First Bank Selects Prelim To Enhance Digital Business Banking Experience

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Sponsored by Businesswire

Prelim, a fintech provider optimizing digital banking experiences for financial institutions, announced that Climate First Bank has selected its solution to provide access to business bank accounts and solar financing for its customers and partners. Specifically, through Prelim’s flexible, low-code solution, the bank will be able to offer an automated, simplified loan application that allows solar dealers and their customers to obtain access to financing from the bank. Moreover, customers will be able to open business accounts online within minutes.

A values-based community bank with a founding mission of addressing climate crisis, Climate First Bank provides personal and commercial banking services with a focus on environmental sustainability, including specialized “green” loan options for a variety of opportunities from rooftop solar to renewable energy to building retrofits, EV charging, or even purchasing certified carbon offsets.

The institution will leverage Prelim’s technology to help automate and streamline business onboarding and financing for projects aligned with its mission, helping Climate First Bank create a high-quality digital experience for business owners to open accounts and manage funds online, avoiding many of the often tedious steps of traditional business banking.

“We are excited to be working with Climate First Bank, helping to further support its important mission,” said Heang Chan, CEO and founder of Prelim. “Prelim’s platform makes online business banking a straightforward, uncomplicated process, and I’m proud knowing that our technology will help benefit those businesses who demonstrate a commitment to improving our environment.”

About Climate First Bank

Climate First Bank is a values-based community bank offering a complete, full-service portfolio of simple and easy-to-use traditional banking products. These products are powered by high technology to meet the expectations of today’s consumers. In addition to offering standard banking services, the company places a special emphasis on non-governmental organizations (NGOs) and businesses committed to sustainability. Eco-conscious customers will find dedicated loan options for solar photovoltaic (PV), energy retrofits and infrastructure to help combat the climate crisis. For more information, visit climatefirstbank.com.

About Prelim

Prelim helps financial institutions digitize the customer journey from onboarding to servicing while also improving the employee journey by streamlining and automating internal operations from reviewing to processing to underwriting to servicing. Built by banking experts, Prelim’s no-code, white-labeled platform delivers a better customer experience by automating the workflows and processes for financial institutions, from identity verification to issuing services from the core and so much more. For more information, visit Prelim.com.