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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

DOWNLOAD Takeaway 1 Financing plays a crucial role in small business survival and success. Takeaway 2 Several small business lending processes can tax both borrowers and staff. At the same time, 59% pursued credit to meet operating expenses. You might also like this guide for smarter, faster small business lending.

Lending 244
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

DOWNLOAD Takeaway 1 Financing plays a crucial role in small business survival and success. Takeaway 2 Several small business lending processes can tax both borrowers and staff. At the same time, 59% pursued credit to meet operating expenses. You might also like this guide for smarter, faster small business lending.

Lending 195
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9 “hot spot” issues examiners see at banks with CRE loans

Abrigo

Commercial real estate lending continues to receive regulatory scrutiny and reminders for financial institutions to practice solid risk management. Eberley, director of the FDIC's Division of Risk Management Supervision wrote in the publication. Image credit: Benjamin Child via Unsplash.

FDIC 186
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CRE loan distress: Spot the symptoms, diagnose, and treat problem loans

Abrigo

Here’s how banks and credit unions with strong CRE risk management can identify weakening property loans, assess them, triage them, and assist with their prognosis and treatment. Beyond a hard money default due to a payment or maturity event, early warning signs for CRE loans typically manifest as a : Failure to pay real estate taxes.

Strategy 222
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PPP Lender Guidance Details How Borrowers Apply for a Second PPP Loan

Abrigo

Relevant tax forms, quarterly financial statements, or bank statements are acceptable documentation. All other items, such as subcontractor costs, reimbursements for purchases a contractor makes at a customer's request, investment income, and employee-based costs such as payroll taxes, may not be excluded from gross receipts. .

Taxes 195
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Fundamentals of construction lending

Abrigo

Sound construction loan principles and processes Start with the basics to build a successful construction loan operation at your financial institution. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Owner-occupied borrowers’ repayment comes from the business operation.

Lending 195
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FinCEN’s AML/CFT Priorities: A risk assessment perspective

Abrigo

A coordinated approach between the institution’s risk and information security departments is essential to an effective cybercrime prevention program. Foreign and domestic terrorist financing – Terrorists require financing to recruit and support members, fund logistics, and conduct operations. Many TCOs currently operate in the U.S.,

Fraud 195