Automated financial statement spreading takes an incredible burden off of human employees as it doesn’t require manual data entry. But processing that data and finding what you need? That is…
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Automated credit decisioning can take an incredible burden off of your support staff, yes, but it also has larger implications for the lending industry as a whole. Automation removes human…
Data security is the act of protecting digital information from unauthorized access, corruption or theft. It applies to every part of information security, from software applications and administration to the…
The commercial lending industry is facing a period of flux heading into 2023. The long recovery from the pandemic is finally settling down and the businesses that survived are getting…
The Small Business Administration (SBA) lends over $750B annually, according to their 2020 reporting. These loans range from their signature government-backed 7(a) loans to microloans, and the funds can be…
Though the commercial lending industry is highly automated in customer-facing applications, much back-end processing remains antiquated. Commercial lending relies intensely on manpower to find deals, figure numbers, evaluate risk, create…
There has been a lot of movement in commercial lending heading into Q4 of 2022. Take a look at just a few of the business banking highlights in the last…
