Your Virtual Credit Manager

OCTOBER 15, 2024

” That comes after a 61 percent increase over the same period from 2022 to 2023. To learn more about implementing a strategic collections process, join David Schmidt on October 16, 2024, at 1:30 PM EDT for a webinar on the subject Webinar Registration Do you need help assessing your customers’ credit risks?

Chapter 11 130

Chapter 11 Bad Debt Accounts Receivable (AR) Chapter 7 130

FICO Blog

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 2 (2022). Building portfolio risk resilience into customer acquisition. Thu, 12/08/2022 - 16:00. FICO® Scores, often an important contributor to underwriting risk management strategies, are designed to provide valuable risk rank-ordering through all economic cycles.

Default 52

Default CECL Credit Risk 52

Abrigo

APRIL 24, 2023

Construction loans grow, delinquencies flatten in 2023 Construction lending projections look positive according to S&P data from 2022 and 2023. banks stayed roughly flat in the fourth quarter of 2022, while total construction loan balances continued to rise. Manage risk & avoid defaults.

Credit Risk 78

Credit Risk Default 78

Abrigo

APRIL 25, 2024

Takeaway 3 With lower interest rates nowhere in sight, lenders need to monitor and adjust lending and underwriting strategies based on their own institution’s credit risk profile. Behind these two drivers is higher core inflation, which impacts SMB costs and margins while removing discretionary spending from the consumer.

Small Businesses 88

Small Businesses Credit Unions Credit Risk CECL 88

FICO Blog

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models.

Credit and Collections 52

Credit and Collections Credit Risk Default 52

Abrigo

MAY 18, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." How broad a field does loan review need to plow to unearth potential credit risks and assess overall credit quality? Scope in loan reviewing What is the scope of an adequate loan review?

Credit Risk 78

Credit Risk Credit and Collections Default Credit Scoring 78

FICO Blog

JANUARY 11, 2023

Top 5 Decision Management Posts of 2022: AI and Digital Jane. Wed, 05/25/2022 - 03:43. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category. Saxon Shirley.

Credit and Collections 52

Credit and Collections Credit Risk Default Transactions 52

Abrigo

MAY 19, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." Introduction A few good men and women In previous articles, we have explored the objectives of a loan review and credit risk review system in general.

Credit Risk 78

Credit Risk Credit Unions Revenue Recognition Default 78

CreditStrong for Business

AUGUST 30, 2024

Solid revenues, profitability, good credit scores, and length of time in business are all driving forces behind what minimizes the credit risk for a lender. Many times even if your business is in a high-risk category, you may still be able to qualify for funding as long as you meet the other criteria. business economy.”

Credit Scoring 52

Credit Scoring Credit and Collections Insurance Companies Credit Risk 52

Loomis Sayles Credit Research

JANUARY 18, 2023

EM corporates saw a higher-than-average default rate in 2022, underpinned by Chinese property defaults, defaults stemming from the Russia-Ukraine war and idiosyncratic stories in Mexico. What are you anticipating for defaults in 2023? While 2022 was a painful year for defaults, we see levels improving in 2023.

Default 52

Default Credit Risk 52

Your Virtual Credit Manager

FEBRUARY 28, 2023

It will reduce your Accounts Receivable (AR) balance and the associated elevated credit risk inherent in a larger AR. Getting customers to pay now rather than later reduces the risk of a default down the road. Most distressed companies continue paying, until they can’t. What do you need help doing?

Bad Debt 130

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy 130

Your Virtual Credit Manager

AUGUST 11, 2024

Commercial bankruptcies have been surging since mid-2022. To continue reading and learn six financial markers that suggest a customer’s business is headed in the wrong direction, you must be a paid subscriber to Your Virtual Credit Manager. Subscribe now Do you need help assessing customer credit risks?

Sub-Chapter V 100

Sub-Chapter V Bankruptcy Credit and Collections Chapter 11 100

Abrigo

FEBRUARY 23, 2022

After the success community banks and credit unions had helping businesses in their local communities with lending during the pandemic , financial institutions continue to turn to small business loans as a source of portfolio growth. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk.

Small Businesses 78

Small Businesses Credit Unions Credit Risk CECL 78

Abrigo

FEBRUARY 7, 2023

In its 2022 Commercial Real Estate Lending update , the OCC advised that staff members who manage real estate and construction lending risk should report to the credit department of a bank rather than to the real estate department. Manage risk & avoid defaults.

Credit Risk 78

Credit Risk Credit Unions Default Transactions 78

Serrala

OCTOBER 13, 2022

Thu, 10/13/2022 - 10:02. sites/default/files/styles/webp/public/202210/credit-risk-management.png.webp?itok=cdVo0lFk. Cookie list. e.bliujus@serr…. List of cookies. itok=cdVo0lFk. Dark Footer. Hide Request Demo CTA. Hide Contact CTA. Hide Language Switcher.

Credit Risk 40

Credit Risk Default 40

Serrala

AUGUST 29, 2022

The below will guide you through a few easy steps to identify if your credit landscape is due an upgrade. Credit Risk Management Software for Effective Credit Control Proactive credit risk management is a must to support a healthy business strategy.

Credit and Collections 52

Credit and Collections Credit Risk Dashboards Credit Scoring 52

Biz2X

AUGUST 7, 2022

Especially, how to price loan products for small businesses so as not to crush demand (which is strong due to recession) but also adequately account for the risk that may be entering the economy due to a weaker economic environment. Upcoming Federal Reserve Policy in 2022. The goal is to reduce inflation but not cause a recession.

Credit Scoring 40

Credit Scoring Credit and Collections Credit Risk Credit Unions 40

lsq

NOVEMBER 8, 2022

On March 16, 2022, the federal funds rate sat at 25 basis points (bps). As money gets more expensive, maintaining discipline around counterparty risk is critical to avoid disruption to a company’s operations. Simply put, higher interest rates drive tighter liquidity and high risk of defaults.

Bankruptcy 52

Bankruptcy Credit Risk Default 52