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…
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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…
If you’re a commercial lender doing your part to grow a business, you need every advantage you can get. Sometimes those advantages will come in the form of a new…
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…
