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Over the last several years, banks of all sizes have successfully partnered with emerging fintech companies to offer innovative loan products to a broader range of customers. Under a typical form of this partnership, a fintech, which is subject to the policies of the partner bank, will market loan products, take and process loan applications, and will service those loans once they are funded. The bank will determine customer eligibility standards, underwrite and fund the loan, and will often sell a controlling interest back to the fintech or a third-party investor.