Loan Approvals: Where Are Your Bottlenecks?

Loan Approvals: Where Are Your Bottlenecks?

Many community financial institutions found themselves very busy in 2020. Between low mortgage rates and PPP loans, there was a surge in activity. Banks that had a streamlined underwriting and credit approval process found themselves able to manage the increase in...
Improve Your Process for Business Line of Credit Renewals

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...