Digital solutions are transforming the commercial lending space and only gaining more momentum. We’ve compiled a list of the top software for commercial lenders in 2022. These technologies address multiple…
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Did you know that small businesses generate 44% of U.S. economic activity? Commercial loans are a vital part of the business financing landscape. But what exactly are they? This article…
Any underwriting process related to a commercial loan will likely involve one important document— the tax return. In tandem with other business statements, this highly relevant document helps lenders determine…
As most of us know, providers of commercial loans typically require that applicants undergo a very thorough underwriting process before getting approved for a loan. This process can be detailed…
The House Financial Services Committee approved H.R. 7351 on May 1, 2022, which seeks to extend the supervisory authority of the Consumer Financial Protection Bureau (CFPB) to non-bank small business…
The underwriting process is at the heart of the lending process. As an underwriter, you engage in detailed work that involves verifying income, assets, debt and property details in order…
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…
Lenders in the commercial lending space often interact with a very important IRS tax form— the 1120. This form is crucial to the loan approval process, and understanding it 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…
