Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. Takeaway 2 Meanwhile, banks and credit unions will likely see a beefed-up regulatory emphasis on credit risk management practices, especially tied to CRE. .

Management 195

Management Risk Management Policies Lending 195

Abrigo

FEBRUARY 16, 2024

Takeaway 2 With proper planning and effective strategies, the scheduling process can be made more manageable at your financial institution. It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. Reduce exceptions : Too many credit exceptions can lead to confusion and inefficiency.

Training 195

Training Risk Management Analysis Policies 195

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

AUGUST 28, 2019

Slow lending decisions and frustrating loan application processes are among borrowers’ biggest gripes with traditional financial institutions vs competitors such as online or alternative lenders. Contacting a branch manager might yield insight on depositors for potential upsells for loans.

Lending 150

Lending Analysis Taxes Data 150

Abrigo

FEBRUARY 25, 2022

Personalized Touch with Efficient Service Can Boost Lending Banks and credit unions can boost business lending by combining a relationship focus with transaction-oriented processing. . This competition can only increase as the lending landscape continues to shift.

Lending 195

Lending St. Louis Community Survey 195

Abrigo

JULY 20, 2021

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.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. Takeaway 2 Carefully considering a new customer's industry ensures it is a good fit for your risk appetite and helps better manage your customer relationship.

Analysis 195

Analysis Industry Risk Management Lending 195

PYMNTS

FEBRUARY 16, 2018

Amid the talk of filling in the small business (SMB) financing gap banks have left since the financial crisis, the rush of FinTechs, alternative and marketplace lenders coming to market may have left another business segment behind: the middle market, particularly the lower middle market.

Lending 101

Lending Marketing Analytics Capital 101

Abrigo

OCTOBER 21, 2019

Cybersecurity | 4 minute read Key Takeaways Third-party/vendor risk management is becoming increasingly challenging with more cloud-based providers. On top of initial vendor due diligence, there are ongoing, systematic approaches to managing third-party relationships. . Cyber Due Diligence. The banking industry is no stranger to this.

Risk Management 150

Risk Management Management Lending Fraud 150

South State Correspondent

FEBRUARY 27, 2022

ARC enables community banks to take advantage of a flat yield curve, differentiate the bank from market competitors, provide a higher level of service to better customers, and instill more relationship business – all of this leads to more loans and more profitable customers. Current Risk in Term Lending. Current ARC Pricing.

Lending 195

Lending Community Bank Community Meeting 195

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Training Technology Survey 195

Abrigo

OCTOBER 23, 2019

In a marketplace where data is shared and distributed at record speeds, third-party or vendor risk management is a challenge for most businesses. We are seeing banks moving to the cloud for a number of services ranging from core processing to lending. The following article was first published in ABA Banking Journal on October 17, 2019.

Risk Management 150

Risk Management Management Security Lending 150

Independent Banker

OCTOBER 31, 2021

Offering digital lending isn’t about the bells and whistles. started developing its digital lending platform about three years ago—and the bank is really glad it did. “I’m Community bankers are increasingly recognizing that the future of digital lending is here. Illustration by Out of the box/Stocksy. By Beth Mattson-Teig.

Lending 91

Lending Community Bank Community North Dakota 91

Abrigo

MAY 15, 2020

Their loan requests, according to court documents, were made to pay employees for a business that was not operating at the time of pandemic and had no salaried employees. Furthermore, the FAQ clarifies that the loans were not intended for companies with access to equity in the market. Manage PPP loans through forgiveness.

Lending 195

Lending Rhode Island Fraud Los Angeles 195

Abrigo

AUGUST 5, 2020

Now, banks and credit unions must determine how to safely and effectively manage risk in the portfolio while also driving growth at their institution. Credit memos are one of the most important documents in the life of the loan, as loan committees use these documents to determine whether or not to approve a loan.

Management 195

Management Risk Management Trends Industry 195

Abrigo

MARCH 13, 2024

Takeaway 3 To triage a CRE loan in workout, first re-engage the deal team and conduct a comprehensive review of the loan documents. No, it’s the current situation in the commercial real estate (CRE) market tied to the threat that distressed and problem CRE loans pose to investors, banks and credit unions, and the economy at large.

Strategy 221

Strategy Course Meeting Taxes 221

Abrigo

NOVEMBER 9, 2020

Loan administration is a basic and yet far-reaching process of lending. However, effective loan administration solutions or systems will help lenders avoid the most common documentation- and data-related deficiencies found during examinations. Find out about upcoming free lending/credit webinars. stay informed.

System 195

System Lending Software Risk Management 195

Independent Banker

JANUARY 31, 2022

“What we saw in PPP wasn’t that businesses didn’t inherently qualify; it was that producing the documentation required to meet the program requirements was a very heavy burden for them,” says Christopher Maher, chairman and CEO of OceanFirst Financial Corp., Jenny Bennett, market president at $850 million-asset Summit Bank in Eugene, Ore.,

Lending 150

Lending Community Community Bank Compliance 150

South State Correspondent

JULY 19, 2023

Specific Market Dynamics of Derivatives Usage For the remainder of this year and into 2024, we believe that increasingly rate-conscious depositors will continue to drive the cost of funds (COF) higher, and as the Federal Reserve approaches the end of its tightening cycle, net interest margin at community banks will be under pressure.

Community Bank 195

Community Bank Community Compliance Marketing 195

South State Correspondent

MARCH 5, 2024

It takes almost the same upfront costs (source, underwrite, approve, document, and fund) to originate a $250k commercial loan as a $5mm commercial loan. Second, larger companies have more diverse management talent to help them navigate recessions.

Community Bank 195

Community Bank Community National Lending 195

South State Correspondent

MARCH 5, 2024

It takes almost the same upfront costs (source, underwrite, approve, document, and fund) to originate a $250k commercial loan as a $5mm commercial loan. Second, larger companies have more diverse management talent to help them navigate recessions.

Community Bank 195

Community Bank Community National Lending 195

Abrigo

SEPTEMBER 5, 2023

Portfolio segments should be monitored and managed, not get buried in exception counts. unsecured lending is bad rather than unsecured lending should only be extended to high pass risk rated credit). This is particularly true of credit exceptions related to account management (e.g., It just stays on forever.

Policies 195

Policies Lending Risk Management Examples 195

Abrigo

FEBRUARY 3, 2017

By Eric Baxley, Chief Marketing Officer, Sageworks Since my last post , I’ve continued to meet with our banks and credit union clients across the country, and some common themes surfaced in the conversations. Most notably, the institutions recognized that change was overdue for their business lending programs.

Lending 150

Lending Community Bank Meeting Community 150

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing.

Community Bank 195

Community Bank Kansas City Community Lending 195

Abrigo

MAY 2, 2022

Confident Risk Management Begins with Sound Loan Policy A risk-based approach to loan policy can effectively improve your institution's profitability. Takeaway 2 Designing, implementing, and managing your loan policy is a strategic team effort and should take risk into account. Starting Points. When and how to update your policy.

Policies 195

Policies Lending Regulation Examples 195

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending.

Lending 243

Lending St. Louis Community Marketing 243

Abrigo

FEBRUARY 23, 2022

Making small business loans efficient and worthwhile Digitalizing the lending process can help financial institutions win small business loans and meet customers' needs. You might also like this webinar on small business lending best practices. Top problems in small business lending. Roadblocks to Success.

How To 195

How To Lending Software Survey 195

Gonzobanker

AUGUST 17, 2022

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 195

Fintech Lending Software Compliance 195

Abrigo

MAY 18, 2023

The guidance expects the scope to consider current market conditions (soaring lumber and construction materials prices, the pandemic, cybercriminals shutting down oil pipelines) that may impact a borrower’s current or future ability to repay the loan. This certainly qualifies loan review as a high-scope activity.

Lending 195

Lending Training Guidelines Policies 195

South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. With the development of the term SOFR market, BSBY offers no perceived advantages over SOFR, Fed Funds, or Prime. No ISDA documents.

Community Bank 195

Community Bank Community Compliance CA 195

PYMNTS

AUGUST 6, 2018

Australian money managers are finding an opportunity in enterprise and small business lending as regulators crack down on the country’s traditional banking industry. That rate increase, as well as rising costs for banks to borrow offshore, has asset managers swooping in to grab corporate loan market share.

Management 100

Management Lending Regulation Industry 100

PYMNTS

JUNE 29, 2016

Venture capitalists continue to back the alternative lending startup community despite recent fallout from Lending Club and revelations the company’s then-CEO Renaud Laplanche allegedly falsified loan documents. Also on Tuesday, India alternative lending marketplace Lendingkart announced its own investment round.

Lending 101

Lending Capital Industry Fintech 101

Abrigo

OCTOBER 23, 2014

But how can this growth be managed appropriately? But CEIS points out that the lending staff often doesn’t have the “time nor the resources available to properly and effectively perform this,” which ultimately results in “sporadic and irregular delivery of portfolio risk assessment reports.”

Risk Management 186

Risk Management Management Lending Resources 186

Abrigo

MARCH 2, 2023

Experts have highlighted numerous lessons from Southwest’s experience, many of which can benefit bank and credit union executives, regardless of their institution size, as they manage competing priorities for spending and growth initiatives on banking solutions. A failure in back-office technology directly affects customer experiences.

Technology 195

Technology Lending Community Software 195

Abrigo

JANUARY 24, 2021

The updated SBA Form 3508S , intended by lawmakers to be used by most PPP borrowers of $150,000 or less for first or second draw loans, doesn’t require borrowers to show calculations or submit documentation like the other forms (SBA Form 3508EZ and SBA Form 3508, which were also updated). CRE Lending. Credit Risk Management.

Lending 195

Lending Risk Management Management Payments 195

South State Correspondent

AUGUST 21, 2022

We compared and contrasted the two strategies and sized the market for community banks. Lending Discipline: Hedging programs make loan pricing more transparent and force bankers to exercise sensible pricing methodologies. Borrowers should hire legal counsel with specific derivative knowledge to review ISDA documents.

How To 195

How To Community Bank Community FDIC 195

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. Alternative Lending. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

Lending 109

Lending Capital Fintech Data 109