Remove 2008 Remove Lending Remove Operations Remove Risk Management
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5 Reasons to Increase SBA Lending at Your Bank or Credit Union

Abrigo

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 1 SBA lending can expand your product offerings to help win deals with prospects and existing business customers or members. Why SBA Lending? Would you like others articles like this in your inbox? 1 and Sept.

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5 Reasons to Increase SBA Loan Origination at Your Bank or Credit Union

Abrigo

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 2 Far fewer financial institutions regularly participate in SBA (7a) lending than the more than 5,000 that joined the PPP. . Why SBA Lending? Want other articles like this on SBA loan origination in your inbox?

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Making Qualitative Adjustments and Stress Testing in Uncertain Economic Times

Abrigo

Credit risk operations, such as the allowance and stress testing, are not exempt. The 2008 financial crisis exposed significant weaknesses of relying on incurred losses. CRE Lending. Lending & Credit Risk. SBA Lending. How the Pandemic and PPP Have ‘Turbo-charged’ New Business Lending Strategies.

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Solve This Problem with Your Strategic Horizon

South State Correspondent

Risk management also needs to change. Finding your bank tied to a rural area that is decreasing in size and profitable demographics is your bigger risk. Banks need to evaluate new technology, new lending areas, and new cash management levels to name a few with a longer time horizon and with some process rigor.

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Will the cost of regulation impact community bank customers?

Abrigo

The banking industry has seen a steady stream of media attention since 2008, much of it in the form of stories about data breaches linked to major retailers or mega banks’ profits. Risk management issues were also a high-ranking hurdle to growing banks, with 26 percent calling it a concern for 2015.

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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. Attorney Alex Tse. “We The Response.

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Why fragmentation of the global data supply chain poses risks to financial services

BankUnderground

First, global financial services firms maintain central hubs for storing and analysing data generated by their cross-country operations. In some cases, firms ‘insource’ these functions to intra-group entities operating in lower-cost jurisdictions. . This has been driven by three factors. 15 of this report ).

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