Do Your Loan Approval Formats Lack Consistency and Flexibility?

Do Your Loan Approval Formats Lack Consistency and Flexibility?

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...
Streamlining Your Commercial Lending Process Helps Eliminate Risks

Streamlining Your Commercial Lending Process Helps Eliminate Risks

With interest rates still historically low, and the current administration pressuring the Federal Reserve to keep them that way, community banks and credit unions are in a position to benefit from borrowers who want to take advantage of these rates while they can....