FastTrack the Management of Problem Credits

by | Jun 19, 2020 | Our Blog

Community financial institutions may soon be facing a large volume of problem credits as small businesses struggle to recover from the economic impact of COVID-19.

The Square 1 Credit Suite has the tools needed to manage your collections and work-out efforts, along with your Watch List. As a company, we recognize that a full-scale implementation while simultaneously dealing with daily challenges may seem daunting. Everyone is fighting alligators, on all fronts.

We have developed the FastTrack Implementation to help new customers focus on the pieces of the Square 1 Credit Suite that will benefit them the most right now. The implementation and training program will be rolled out in two phases:

  1. Focus on the area where there is greatest need first, such as collections and work-outs
  2. Slowly roll out the remaining areas of the integrated loan management system at a pace that makes sense based on each institution’s goals

For more information on the FastTrack program, click here.