The fact of the matter is that large financial institutions court high-value commercial loans. The average dollar amount of a small business loan from a big national bank varies depending on the source, but it’s well over half a million dollars. This number is...
Agriculture is always subject to unknowns and unpredictables. Farmers have been dealing with low commodity prices and trade disputes. With spring comes the potential for unfavorable weather; flooding is forecasted in the northern Plains and western Corn Belt. And, as...
Implementing commercial lending software for the first time is one of the most important decisions you will make for your commercial lending department’s future efficiencies, costs and risk mitigation. Upgrading these tools for your financial institution is an...
Working with as many community banks and credit unions as we do, we have found that each follows unique loan origination processes and uses certain definitions (or even terms) for each stage of the process. Despite the differences between financial institutions, one...
While SEC registered financial institutions are readying for the current expected credit loss (CECL’s) implementation deadline in first quarter of 2020, community banks and credit unions are not far behind with their own planning and measures. As always is the case,...
Offered the first and third Wednesday of each month, these are free live webinars on specific topics. Each session is approximately 30 minutes in length and conducted by a knowledgeable training specialist, with time at the end of the session to ask questions. Log-in to our Support Portal for information on how to join and upcoming topics. Click here to register for sessions You must be a current Suntell customer to attend.
