4 min read
FileInvite: Jul 18, 2024 2:05:34 PM
Traditionally, credit unions have attracted and retained banking customers through member-focused service strategies. These strategies frequently offer better interest rates and lower fees than larger, corporate financial institutions.
4 min read
FileInvite: Jul 11, 2024 3:09:44 PM
Generative AI is revolutionizing industries worldwide, and the financial services sector is no exception.
4 min read
FileInvite: Jun 26, 2024 2:18:56 PM
As the private lending industry evolves, achieving greater operational efficiency is crucial for competitiveness and profitability.
4 min read
FileInvite: Jun 20, 2024 2:01:44 PM
Technology has significantly transformed lending processes in the financial services, offering unprecedented efficiency and accuracy.
4 min read
FileInvite: Jun 6, 2024 1:53:15 PM
Optimizing the loan origination process can increase your loan volume and reduce costs associated with human error.
4 min read
FileInvite: May 30, 2024 1:40:30 PM
The arrival of artificial intelligence (AI) tools is rapidly changing commercial lending.
4 min read
FileInvite: May 23, 2024 1:21:44 PM
The commercial loan origination process is your first opportunity to establish a relationship with your customer.
4 min read
FileInvite: May 9, 2024 1:59:44 PM
A generation ago, borrowers obtained commercial loans by walking into the lobby of a financial institution, meeting with a loan officer, and kicking off a weeks-long process of filling out applications, submitting documents, playing phone tag, and waiting.
5 min read
FileInvite: Apr 30, 2024 3:04:11 PM
As lenders look for ways to increase their efficiency and hone their competitive edge in 2024, commercial lending software helps lenders accomplish more with less.
5 min read
FileInvite: Apr 22, 2024 1:07:17 PM
Today’s lenders face unprecedented challenges: high-interest rates, increased demand after a slow 2023, persistent liquidity challenges, and rapidly changing consumer expectations. Commercial lending hit a peak of $2.8 billion in January 2023, falling just short of the all-time high of $3 billion in May 2020. Since hitting that milestone, commercial loan volume has gradually tapered off in 2023 and the early parts of 2024.
4 min read
FileInvite: Feb 22, 2024 1:40:31 PM
Commercial lending is a fundamental part of the financial services sector, fueling business growth and economic development. The field is currently experiencing significant transformation, driven both by technology and changing market dynamics.
5 min read
FileInvite: Feb 15, 2024 5:34:19 PM
SBA loan software is an important tool for modern banking and financial services. These platforms streamline the lending process for Small Business Administration (SBA) loans, with support for various SBA loan products such as 7(a) loans, microloans, and express loans. Most kinds of SBA loan software are adaptable to different loan types and can update swiftly in response to changes in SBA loan programs.
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