Becoming a SBA Preferred Lender: The Powerful Path to Success
In this article, we will explore the advantages of working with an SBA Preferred Lender and the key differences between PLP and CLP lenders.
The Role of CDCs/CDFIs in the 504 Loan Program
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 small businesses, bridging the lending gap with personalized guidance and community-focused support.
NAGGL Spring Conference Showcases New Commercial Lending Technology
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.
What Is an Electronic Tax Reader?
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 take up a majority of an underwriter’s time, resulting in slow decision times and room for error.
Financial Statement Analysis Overview
In short, financial statement analysis is a crucial part of your job as a commercial lender. By carefully reviewing financial statements, comparing planned and actual performance, and looking at industry comparisons, you can make more informed lending decisions and help ensure the long-term success of your borrowers.
7 Common Data Extraction Techniques
Let’s look at the 7 most common types of data extraction, how they work, and where they can be applied.
How Financial Spreading Software Helps Make Lender’s Lives Easier
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 top of. Fortunately, technology has been kind, and commercial lenders now have a whole set of tools to help make their lives easier.
4 Tips for Commercial Lenders to Get Ahead of the Competition
4 tips for commercial lenders to get ahead of the competition
Intelligent Automation: The Key to Creating a Better Customer Experience
As the digital world continues to evolve, customer experience (CX) is becoming increasingly important as a key differentiator. In fact, it can easily replace products and prices.
However, there’s often a big gap between how companies say they prioritize CX and what actually happens. Why does this disconnect exist, and how can new technology – automation help bridge the gap?
Accelerating SMB Success With Data
Explore how data is accelerating SMB success.