New technologies are transforming standard processes and practices across industries. This includes the financial services industry, which other businesses sometimes utilize for funding by way of commercial loans. A large…
Digital tools and automation are becoming standard in all industries, including financial services, like commercial lending. Robotic process automation (RPA) promises to maximize efficiencies across operations by using easy-to-use, no-code…
Financial services credit unions are often underutilized by businesses looking for commercial loans. Especially small, local businesses, who may benefit from the better rates, flexibility and personalized touch that credit…
Commercial lenders need to assess a ton of financial information to get a clear picture of a company’s solvency. It can take up to a month or longer for banks…
There’s a thrill when you find a new commercial lending product that can help you take your business to a new level. You’ll be able to see the time and…
While the criteria that goes into commercial loan decisions may seem more nuanced than the hard rules and ratios that define the consumer loan approval process, the commercial lending process…
The goal of commercial lending is simple. You lend a company money and, over time, they pay the loan back with interest. In the end, you make a profit. Although…
Commercial underwriting is a painstaking process that requires a lot of time and attention. Manual processes and inconsistencies in data are just a couple of small pain points that make…
The word ‘data’ is tossed around a lot today, but it’s no trend. Data is the lifeblood of commerce, and its importance in commercial banking cannot be underestimated. To parse…
FlashSpread is transforming the commercial lending and fintech industries. Lenders and financial analysts used to drown in a sea of financial data stored in paper documents. As a result, the…
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