The Complete Guide to Text Marketing for Lenders

Guide
how sms, mms, and rcs drive aquisition, expansion, and measurable growth
Learn how to use SMS, MMS, and RCS strategically to engage borrowers, promote lending products, and drive measurable marketing results. 
 

Borrowers don’t make lending decisions instantly. They compare offers, evaluate terms, and revisit options before committing. Text marketing gives lenders a direct channel to stay connected throughout that process. 

Unlike email or paid ads, text messages remain visible in an ongoing conversation thread, making it easier for borrowers to revisit offers and take action when they’re ready. 

 
When used strategically, text marketing helps lenders:
    • Promote loan and credit products
    • Re-engage borrowers during longer decision cycles
    • Support cross-sell and product expansion opportunities 
    • Drive conversion through clear calls to action

But not all text messaging formats work the same way. 

SMS, MMS, and RCS each support different campaign structures, levels of detail, and borrower experiences. Understanding how each format shapes promotional engagement is what turns text messaging into a measurable marketing engine.

What You’ll Get from This Guide: 

    • A side-by-side comparison of SMS, MMS, and RCS
    • How each format supports different marketing objectives
    • Real marketing use cases for each messaging type 

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