Abrigo

FEBRUARY 27, 2020

Key Takeaways Financial institutions who want to maintain a healthy share of business lending this year and through potentially tougher economic times ahead want to be in the best position possible before trouble hits. Abrigo's Business Lending Readiness Survey found many processes stymie those efforts. learn more.

Lending 243

Lending Survey Data System 243

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 1 SBA lending can expand your product offerings to help win deals with prospects and existing business customers or members. Why SBA Lending? Would you like others articles like this in your inbox? 1 and Sept.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

APRIL 8, 2020

Automation is key to streamlining PPP loans and getting capital into the hands of small business owners quickly. Many hopeful participants took to Twitter to express frustrations with their primary lenders not lending or including caveats to borrower eligibility. Some have even filed lawsuits. Automate the PPP loans in 48 hours.

Lending 195

Lending How To Resources Community 195

Gonzobanker

FEBRUARY 22, 2024

For bankers to be successful in the small business lending market, they need to execute on several key tenets: strategy, people, process and technology. Another key player for successful small business banks is the vice president of business lending, who manages the relationship managers and reports to the chief lending officer.

Lending 78

Lending Community Bank Community Strategy 78

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Training Technology Survey 195

PYMNTS

JULY 24, 2020

Online lenders will need the green light from the central bank to roll out new offerings or hike lending rates if the legislation is put into law, Quartz Africa reported. Online lending has brought about a number of complications in Kenya, with digital loans reportedly leading rising personal debt for users in the country.

Lending 157

Lending National Mobile Online 157

South State Correspondent

FEBRUARY 27, 2022

Current Risk in Term Lending. Simple four-page addendum, no ISDA documents, no hedge accounting, one fixed-rate billing statement. With no additional reporting, no additional accounting, and no capital or collateral costs, the bank retains the full relationship. ARC Program Summary. . Differentiate. Relationship. For Borrower.

Lending 195

Lending Community Bank Community Meeting 195

Independent Banker

JANUARY 31, 2022

What we saw in PPP wasn’t that businesses didn’t inherently qualify; it was that producing the documentation required to meet the program requirements was a very heavy burden for them,” says Christopher Maher, chairman and CEO of OceanFirst Financial Corp., which operates $12 billion-asset OceanFirst Bank N.A. in Toms River, N.J.

Lending 150

Lending Community Community Bank Compliance 150

Abrigo

FEBRUARY 16, 2024

Takeaway 3 Credit analysts need training to understand the working capital cycle, look for hidden risks, and be aware of accounting changes. It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness.

Training 195

Training Risk Management Analysis Policies 195

Abrigo

JUNE 12, 2020

Key Takeaways The soon-to-begin Main Street Lending Program (MSLP) aims to fulfill a need for mid-sized businesses to access relief funds amid the coronavirus pandemic. The MSLP aims to be a lifeline for businesses that may have been too big to participate in the PPP, but too small to access corporate lending facilities. learn more.

Maine 195

Maine Lending Regulation Resources 195

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

Risk Management 221

Risk Management Management Lending Capital 221

BankUnderground

JUNE 9, 2021

‘Zombie lending’ occurs when a lender supports an otherwise insolvent borrower through forbearance measures such as repayment holidays and temporary interest-only loans. In a recent paper , I examine whether these lending practices contributed to the subsequent low output experienced by the euro area. Belinda Tracey.

Lending 141

Lending Capital Policies Exercises 141

Abrigo

SEPTEMBER 23, 2014

As banks are increasingly playing a bigger role in commercial real estate lending, it is more important than ever to ensure proper risk management practices. As a result, many banks are moving back into commercial real estate lending and borrowers are presented with more options. According to Forbes , U.S. According to Forbes , U.S.

Lending 261

Lending Management Risk Management How To 261

BankUnderground

JULY 20, 2022

In a recent paper we explore the effect on bank lending by combining data on exposure to negative rates with banks’ balance sheets, the Spanish credit register and firms’ balance sheets. This effect was especially strong for undercapitalised banks and lending to risky firms. Why might negative rates work differently?

Policies 110

Policies Lending Capital Study 110

PYMNTS

JUNE 18, 2020

’s Main Street Lending Program intended to aid small- to medium-sized businesses (SMBs), The Wall Street Journal (WSJ) reported. The pair also said there should be different rates depending on the circumstance of the borrower; with changes so that less risky borrowers can have lower rates and easier documentation.

Maine 141

Maine Lending Meeting Capital 141

Abrigo

NOVEMBER 8, 2019

Top down and bottom up analysis can inform capital assessments. Effective stress testing can benefit many different facets of lending, from risk management and strategic decision-making to capital adequacy and liquidity management. Stress testing and capital adequacy. Stress testing and risk management.

Lending 150

Lending Risk Management Analysis Capital 150

PYMNTS

JANUARY 5, 2021

The Opportunity Fund provides working capital loans ranging from $2,600 to $100,000 to underserved businesses that might otherwise run afoul of more rigid underwriting requirements and more extensive documentation rules at traditional lenders.

San Jose 198

San Jose Lending Community California 198

PYMNTS

MAY 2, 2017

For small businesses, expansion is key, and expansion needs capital. In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. In addition, said Arora, whose firm has arranged for $1.7

Puerto Rico 118

Puerto Rico Lending Online United States 118

BankUnderground

JANUARY 12, 2021

Understanding gross capital flows is crucial for both macroeconomic and financial stability policy. However, theory is lagging behind empirical work , as much of the literature continues to rely on net capital flow models developed many decades ago. Gross capital inflows and outflows of individual economies are highly correlated.

Capital 144

Capital Policies US Examples 144

Abrigo

JULY 5, 2020

Secure online portals allowed PPP loan applicants to upload required documents, and many credit unions finalized borrower applications with electronic signatures. But historically, SBA lending and member business lending isn’t a major focus among credit unions. The SBA didn’t break out larger credit union PPP lending activity.)

Technology 195

Technology Lending Capital Meeting 195

Abrigo

AUGUST 28, 2022

Leveraging the efficiencies gained from lending software Banks and credit unions that leverage an integrated lending and credit platform reap the benefits of a consistent, efficient and defensible lending program. Lending and Credit Software. Ag Lending. Lending & Credit Risk. Lending & Credit Risk.

Software 195

Software Lending Capital Philadelphia 195

PYMNTS

JUNE 29, 2016

Venture capitalists continue to back the alternative lending startup community despite recent fallout from Lending Club and revelations the company’s then-CEO Renaud Laplanche allegedly falsified loan documents. Also on Tuesday, India alternative lending marketplace Lendingkart announced its own investment round.

Lending 101

Lending Capital Industry Fintech 101

PYMNTS

FEBRUARY 22, 2019

FinTechs that landed new funding include a firm targeting friction in B2B payments in the construction space, alternative small business lenders and a company helping accountants guide their SMB clients toward capital. Hillhouse Capital led the firm’s “D1” round, while Sequoia China led its “D2” raise.

Lending 139

Lending Capital Fraud Tools 139

Abrigo

MAY 2, 2022

In a recent webinar, Paula King, Senior Advisor for Abrigo Advisory Services, recommended that lending institutions make time to review loan policies quarterly and every time they make a change, such as an increase in asset size, a new branch, or an acquisition. Put your loan policy into practice with this implementation guide.

Policies 195

Policies Lending Regulation Examples 195

PYMNTS

FEBRUARY 16, 2018

Similar to small businesses, said Albert Periu , middle-market firms struggle to not only gain the capital they need from traditional financiers; they’re also burdened by paper-based manual processes in the application and loan management process. There weren’t many FinTech or digital solutions for this segment.

Lending 101

Lending Marketing Analytics Capital 101

Abrigo

MAY 19, 2023

They should be knowledgeable of both sound lending practices and their own institution’s specific lending guidelines. In addition, they should be familiar with pertinent laws and regulations affecting credit and lending activities. But what if the minimum expectations are set so high that it discourages wannabe loan reviewers?

Training 195

Training Lending Risk Management Guidelines 195

Abrigo

OCTOBER 14, 2022

You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." Read the whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk.". The document provides a baseline and severely adverse scenario that banks can use as a defensible starting point for stress testing worst-case scenarios.

Risk Management 195

Risk Management Management Policies Lending 195

PYMNTS

JANUARY 15, 2018

Switzerland alternative lending company Tradeplus24 is entering the Australian market through a collaboration with Trade Ledger , the companies announced. Technology can remove barriers to more sophisticated underwriting that currently exists due to the document-intense nature of trade, he said. Reports Friday (Jan.

Lending 100

Lending Marketing Fraud Technology 100

Abrigo

MARCH 31, 2023

Risk focus Three main areas of risk from the NCUA letter The NCUA supervisory priorities emphasized the following regarding increased risk: Interest rate risk (IRR): Examiners will focus on key interest rate risk management and control activities, including reasonable and well-documented assumptions and data sets.

Risk Management 195

Risk Management Policies Capital Maine 195

PYMNTS

DECEMBER 19, 2016

According to Lendingkart Cofounder Harshvardhan Lunia, the company will look to expand its reach in the SME lending market over the next six months by having other banks use its credit risk analytics software. They include cash flow, tax return documents and industry type. Reports Friday (Dec.

Lending 100

Lending Analytics Taxes Capital 100

Abrigo

APRIL 30, 2020

Key Takeaways Borrowers must document how their PPP loans are used Borrowers must maintain employee and compensation levels At least 75% of the loan must be used for payroll and other permissible expenses Borrowers must have "economic need" for a PPP loan. Loan proceeds aren't documented.

Los Angeles 273

Los Angeles Lending Resources Software 273

Abrigo

JANUARY 7, 2021

Borrowers of less than $150,000 don’t have to provide documentation of this when they apply, but they must either provide it during the application, during the forgiveness application, or on SBA’s request. Relevant tax forms, quarterly financial statements, or bank statements are acceptable documentation. March 31 deadline.

Taxes 195

Taxes Lending Connecticut Capital 195

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. Alternative Lending. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

Lending 109

Lending Data Capital Fintech 109

PYMNTS

AUGUST 1, 2016

Online lending was all the rage even a few months ago, but funding going toward online lending platforms is on the decline. equity investments going toward online lending companies fell 44 percent in the first half of 2016 to $2.1 In June, Lending Club appointed interim CEO Scott Sanborn to the permanent head.

Lending 100

Lending Online Maine Fraud 100

Abrigo

FEBRUARY 23, 2022

Making small business loans efficient and worthwhile Digitalizing the lending process can help financial institutions win small business loans and meet customers' needs. You might also like this webinar on small business lending best practices. Top problems in small business lending. Roadblocks to Success.

How To 195

How To Lending Software Survey 195

Abrigo

FEBRUARY 16, 2016

Financial institutions considering lending to nonprofits may want to be aware of these recent financial trends, as well as some of the ways lending to these organizations might differ from lending to for-profit businesses. Here are two mistakes to avoid when lending to nonprofits , according to the firm: 1.

Analysis 150

Analysis Lending Community Bank Community 150