Comerica Bank launched a digital lending platform, Comerica Small Business Convenient Capital, in partnership with lending-as-a-service provider Amount to offer small businesses access to capital and other value-added benefits.

Through the platform, the bank offers loans of up to USD 100,000 with instant decisions on approvals (in most cases) and distribution of funds within 72 hours. The platform also facilitates online customer applications and eSign digital loan closing.

The launch of the lending platform follows the introduction of SizeUp by Comerica, which is an exclusive online complimentary tool that enables Comerica's small business customers to access competitive research, insights, and data to make informed decisions.