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Is commercial lending on the rise?

Independent Banker

Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. anticipates a low double-digit increase in its commercial lending in 2022. Quick Stat.

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FAQs: CFPB small business data collection info for lenders

Abrigo

Takeaway 2 The rule is aimed at tracking small business credits to enforce fair lending laws and ID and support women- and minority-owned small businesses. Visit CFPB 1071 resources for lenders for more on data collection requirements for small business lending. Keep an eye out for potential changes in the final rule.

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5 ways to shake up your lending strategy

Independent Banker

Particularly for small businesses, community banks should make sure they use up-to-date tools to assess risk, such as relying more heavily on the owner’s personal credit, says Joel Pruis, who leads the commercial and small business lending practice at Cornerstone Advisors in Scottsdale, Ariz. Learning about lending.

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Is your credit union ready to grow member business lending (MBL)?

Abrigo

Member business lending (MBL) has been a hot topic in the financial services community this summer, particularly as the industry awaits finalization of the NCUA’s rule changes. stands as the number one in MBL – more than doubling the second-ranked CU for business lending. Melrose Credit Union , headquartered in Queens, N.Y.,

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How Diversified Revenue Streams Impact Ag Borrowers

Abrigo

You might also like this webinar, How the 2021 Roadmap for Producers will Influence Ag Lending. Stay up-to-date on the latest on ag lending trends. Ag Lending. Lending & Credit Risk. Ag Lending. Lending & Credit Risk. The Impact of COVID-19 on Ag Lending. Ag Lending. keep me informed.

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Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

One topic that’s surfacing for community banks is investor expectations of environmental, social and governance issues (ESG) and potential climate-related disclosure requirements. For example, we don’t do mortgage lending right now, because we don’t have the compliance expertise and staff knowledge,” Silveria says. Click to enlarge.

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The Current State of Ag Lending: Challenges for Borrowers, Lenders, and How to Overcome Them

Abrigo

Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. FDIC) issued an advisory to financial institutions encouraging exceptionally safe and sound lending practices in agricultural lending.

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