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 to complete the process. Somewhat counterintuitively, the process can take even longer for small business loans. That is when automated spreading comes in to transform…
The small business loan is 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 used for business expenses from opening or expanding a business to equipment repairs to employee wages.
With this software, you can be confident that you're making the best possible lending decisions for you and your business. Let's take a look at everything else you need to know about decisions.
Let’s explore into what automation can do for your commercial lending business.
Learn more about how these four innovative commercial lending platforms are revolutionizing the lending industry as we know it and how each can save significant time and money for your business.
Commercial lending is one of the most important aspects of any financial institution. Through this lending practice, banks can provide much-needed capital to businesses to help them grow and expand. Whether it's acquiring a company that provides financing for small businesses or a fintech startup with cutting-edge financial statement spreading software, commercial bank acquisitions are one…
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Contact UsIf you are a lender wondering about the state of the real estate market, there is a lot to be aware of in 2022. With little doubt that the economy is heading toward a recession, the real estate market will be affected in numerous ways.
Whether you're looking for financial spreading technology or tech to help with automated underwriting, you can keep your finger on the industry's pulse at one of the following commercial conferences in 2023.
Discover five of the most recent bank acquisitions and explore some of the details regarding how and why they happened.
Commercial banks are a vital part of the economy, providing loans to businesses and individuals. They also offer a wide range of other services, such as checking and savings accounts, credit cards and investment products. Here is a list of the top 10 commercial banks in the United States.
If you're a commercial lender, you know the challenge of explaining the tax form 1120-S to potential borrowers. This document can be confusing, and it's often hard to find the right words to help people understand. But with just a bit of help, you'll be able to complete it like a pro.
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.
