Stitch is building a full-stack, white-label SMB bank with products that community banks and community lenders can offer under their own brand.Business lending is live. A business spend card is underway.
The customers are still there and the relationships still hold. What moved is where a business goes for the products it now expects. That is lost market share, not distress, and it can be won back.
And the part that matters most: 71% of small businesses already use a fintech, and 85% of them would rather get those capabilities from their own bank. The relationship is defensible. The product gap is the problem, and it is the problem Stitch exists to close.
“They are not asking for a fintech. They are asking their bank to have these things.”
Stitch builds the products a small business expects from its bank, one at a time, and lets you offer each one with your own brand. We curate or build products, operate them, and arrange the funding.
Term loans and lines of credit from $10K to $500K, cash-flow underwritten, funded in days, not weeks. White-labeled or cobranded, with nothing for your team to build.
A purchase / spend management / charge card for the businesses you already bank, with spend controls and accounting sync built in. To be issued and operated by Stitch Bank.
Your customers access products we deliver through your bank or pages we operate under your brand. Stitch builds and runs the product and manages every funding and technology partner beneath it. You get one counterparty and a finished, operational product, not a vendor list.
A broader product set to better serve your customers.
No new platform to build or integrate.
New fee revenue with no added credit risk on your balance sheet.
Curated products already integrated into one platform.
Your customers want their own bank to say yes faster and more often. Stitch makes that possible. We’re a state-chartered, FDIC-insured bank that delivers and runs the products, so you can offer them under your own brand while we stay behind the scenes as your infrastructure, compliance, and, at times, funding partner.
We choose our funding and technology partners deliberately, and we run them as one integrated solution. If you’ve built something we should know about, we want to hear from you.
Write to usA former community bank CEO on the slow bleed of customers to fintechs, the vendor pitches no one on staff could evaluate, the fee income that left as margins compressed, and the partner he wishes he had been handed.
Community banks hold about 15 percent of the industry’s loans and make more than a third of its small business loans. The research on what happens when one closes is unambiguous, and the slow version of failure is already underway.
We compared nine products small businesses actually use, feature by feature. The trend underneath all of them is spend management, and it is mostly missing from community banking.
Tell us about your institution and the customers you are having to turn away. We will show you what you could be offering under your own brand.
