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5 Big reasons to go digital with SMB & commercial lending

Abrigo

Automating SMB and commercial lending elevates your customer's experience From making it easier to apply to speeding up loan closings, automation can helps make business lending customers and staff happier. You might also like this on-demand webinar, "Strategies to grow your commercial loan portfolio." Digital lending.

Lending 195
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Formula for Business Lending Success: Minimize Delays

Abrigo

Key Takeaways Financial institutions who want to maintain a healthy share of business lending this year and through potentially tougher economic times ahead want to be in the best position possible before trouble hits. Abrigo's Business Lending Readiness Survey found many processes stymie those efforts. learn more.

Lending 243
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CRE risk management: Navigating hazards and opportunities

Abrigo

You might also like this webinar on credit department housekeeping. WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Critical capital Should CRE lending be off the table?

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Small banks: Big challenges and big opportunities

Abrigo

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

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Will Cannabis Banking Turn Over a New Leaf After COVID-19?

Abrigo

CRBs are real, essential businesses paying federal taxes, and many argue that they should be included in federal programs. During the recent Abrigo webinar, “ The Opportunity Cost of Avoiding Cannabis Banking During COVID-19 ,” just 14% of respondents answered that they are already banking CRBs in a poll. Lending & Credit Risk.

Lending 195
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Top concerns and growth strategies of community banks: Part II

Abrigo

This article is the second in a two-part series on top concerns and growth strategies of community banks. banks are moving back into commercial real estate (CRE) lending as the economy continues to improve. Additionally, 57 percent indicated commercial and industrial (C&I) lending as an area of opportunity for growth.

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How Are PPP Loans Forgiven? What We Know Now

Abrigo

or who received annualized pay of more than $100,000 during any period in 2019; state and local employer taxes assessed on an employee’s compensation (i.e., State Unemployment Tax Act, or SUTA) during the eight-week covered period Employee counts : The average number of FTEs per month for both the eight-week period and either a) Feb.

Taxes 195