SunTrust Bank (STI) launched its AnythingLoan for borrowers with excellent credit, which offers a fast and flexible consumer loan for almost any purpose, the bank announced in a press release.

"The LightStream AnythingLoan reflects SunTrust's focus on continuously evolving our solutions and services to meet people's ever-changing financial circumstances," said Beverly Ladley, Head of Retail Products and Consumer Lending for SunTrust Bank.

"As the name suggests, the AnythingLoan can be used to finance almost anything, simply and quickly. It's been designed for people with excellent credit who want to take advantage of direct online lending, with the low interest rates and self-service efficiencies that LightStream delivers through its proprietary loan origination technology. It's another way SunTrust is helping clients achieve financial well-being."