Suntell Blog
Insights, Tips, and News
Improve Your Process for Business Line of Credit Renewals
While originating new loans may be a key area of focus for your community bank or credit union, renewing existing loans can absorb a significant amount of time. Many of the requirements are similar to new loans, and if you are not prepared, the renewal process can...
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Managing Your Loan Workflow Through Automation
Every day in the world of community banking is different. Loans are in various stages of the process: application, underwriting, waiting on a third party, needing loan approval, preparing loan documents. For staff that work on these loans, it is a daily question:...
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CEO Corner
Who is ready for 2020 to be over? I am quite certain that I am not alone when I say this year cannot end soon enough! Fatigue is sitting in on all things related to Covid 19. For our banker friends that fatigue is likely related to PPP loans and forgiveness and the volume of headaches that came with this hastily issued government funding.
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Determining the Risk in Your Document Exceptions
Community financial institutions can alleviate the burden of ongoing exception management by ensuring that a solution is in place that properly categorizes exceptions. Reporting then becomes more meaningful in assessing portfolio risk.
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Take Steps to Protect Your 2021 Profits
With PPP business stimulus ending, commercial loan and commercial real estate default rates are starting to increase and could dramatically impact your 2021 profitability.
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Employee Spotlight: Gail Loewen
Gail Loewen, a Sr. Quality Analyst, is this month’s employee spotlight. She is creative, thorough, and tenacious and we have been lucky enough to have her on our team for over 16 years! When asked what product she would use in a bank or credit union, Gail would use...
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