When seeking an SBA loan, navigating the approval process can be time-consuming. However, there is a way to expedite the process and avoid lengthy waits for SBA approval. The Small…
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Discover how fintech advancements have streamlined loan processes while CDCs/CDFIs play a crucial role in supporting underserved communities. Learn how the 504 loan program facilitates access to affordable capital for…
The global cash flow serves as a tool that breaks down barriers, revealing the amount of money available to bankers once the individual’s and the company’s fundamental needs have been…
The National Association of Government Guaranteed Lenders (NAGGL) Spring Conference recently brought together lenders, regulators and technology providers to discuss the latest developments in commercial lending. This year’s conference featured…
Manual tax return spreading is a laborious and time-consuming process for commercial lenders. Historically, underwriters would spend hours transferring a company’s financial records into spreadsheets. This process, called spreading, would…
As you know, a major part of your job is determining whether or not a borrower is capable of repaying a loan. To do this, you will typically review the…
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…
If you’re in the commercial lending business, then you know that delegation is paramount to success. From keeping track of clients to managing payments, there’s a lot to stay on…
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…
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…
