The Lenders Story

Lenders Cooperative is a client-owned cooperative that represents a community of forward-thinking banking institutions. Offering best-in-class loan origination software and shared services, serving over 140 financial institutions as customers. The cooperative allows banking institutions to share best practices and have a “seat at the table” as new technologies are developed. The initial group of owner/customers have invested approximately $50 million and Lenders Cooperative is now a stand-alone company.

Who We Are

Welcome to Lenders Cooperative, a platform created to revolutionize community bankers' small business and commercial lending initiatives. We are a forward-thinking group of community bankers, led by Summit Technology Group, who recognized the need for better innovation and solutions to support community bankers' lending efforts.

Lenders Cooperative was officially launched as a standalone, client-owned platform in response to this need. As a subsidiary of STG formed in 2019, we provide a variety of loan solutions and shared services for banks, credit unions, and fintech's offering small business (SMB), Small Business Administration (SBA), and commercial loans to their local businesses and communities. Our cloud-based loan origination system fully integrates with customers' current systems, offering streamlined, end-to-end workflows that were created to support the SBA's Paycheck Protection Program (PPP) during the pandemic.

Our platform is built by lenders for lenders, making us unique within the fintech industry. We also allow interested financial services clients to obtain equity ownership, offering them a unique value proposition as both customers of the platform and owners. This unique governance structure is designed to accelerate product development and create a flywheel of customer success.

"Today’s community financial institutions are often under tremendous pressure to stay relevant and competitive while still serving the needs of their local businesses"

Cary Cooper

At Lenders Cooperative, we understand the pressure that community financial institutions face to stay relevant and competitive while still serving the needs of their local businesses. Our core mission is to help these institutions to focus on their true strengths, and this same commitment has been baked into the DNA of Lenders Cooperative since its inception.

In addition to our SaaS technology solutions, Lenders Cooperative offers staff augmentation, including credit underwriting, SBA Loan Service Provider (LSP) support, bank operations, and white label call center support. These services are provided by seasoned experts with decades of proven commercial banking experience, allowing institutions to staff up and down much more quickly in response to evolving market conditions while providing them the flexibility to select the services they need to best meet their strategic goals.

As a client-owned platform, we offer a community of bankers actively exchanging shared knowledge, providing users a front-row seat to today's innovation as well as what's to come. We are excited to work with you to modernize your lending processes to better meet your customer's needs and continue your institution's innovation journey in support of local businesses and communities.

Leadership Team

Cary Cooper


Loughlin Cleary


Russell Morris

Head of Credit Underwriting

Tim Holder

Head of Operations

David Tinsley

Head of SBA LSP Services

Liz Flowers

Head of Client Success

Brad Olena

Head of Marketing

Paige Klein

Head of Implementation