Know-It Global

MAY 8, 2023

As a business owner, it’s essential to understand and manage credit risk to maintain a healthy cash flow and avoid financial losses. Credit risk is the potential for a borrower to fail to repay a loan or credit extended to them. The good news is you can avoid these issues. Did you know? Worldwide coverage.

Credit Risk 52

Credit Risk Bad Debt Credit and Collections Default 52

Abrigo

DECEMBER 31, 2019

Those priorities are apparent in the most popular Abrigo lending and credit blog posts for the year. Articles focused on improving loan pricing, creating a better experience for borrowers, and developing risk ratings customized for the institution were among the most-viewed throughout the year. Credit Risk.

Credit Risk 60

Credit Risk Credit Unions Small Businesses 60

Actico

SEPTEMBER 13, 2021

In the blog article, we show which elements in the credit risk process are suitable for this. Lending in banks offers numerous opportunities to digitize and fully or partially automate manual processes.

Credit Risk 52

Credit Risk 52

Abrigo

SEPTEMBER 23, 2024

Would you like other articles like this in your inbox? Data for banks & credit unions Real-time pricing trends for loans Now that the Fed has lowerered interest rates , financial institutions will want to carefully monitor current loan interest rate trends in their markets to remain competitive as rates drop.

Credit Unions 88

Credit Unions Credit Risk Credit and Collections Small Businesses 88

Cpcmcredit Blog

NOVEMBER 7, 2023

the article blames “Brexit” and government policy. As some of you will know, im a pretty avid cycler and have been for over 15 years, well before the current “mamil” craze and of course the boom in cycling through lockdown. This lockdown boom is over, as illustrated in this piece in the Observer.

Credit Risk 52

Credit Risk 52

Abrigo

NOVEMBER 13, 2024

This article covers these key topics: Debt-service coverage ratios are steady. Bank and credit union leaders can use data to inform small business lending Small businesses are showing resilience. Leveraged has improved since 2019. Businesses' working capital cycles are longer. Interest coverage ratios have stayed strong.

Small Businesses 78

Small Businesses Credit Unions Credit Risk Accounting Firms 78

Abrigo

MAY 19, 2016

Monitoring credit risk management, interest rate risk and banks’ ability to stress test loans affected by low oil prices are among the priorities for supervisors at the Office of the Comptroller of the Currency (OCC) these days, according to the agency’s recent mid-year status report on its operating plan.

Credit Risk 60

Credit Risk Cybersecurity 60

Abrigo

FEBRUARY 9, 2015

One of the most popular tools to monitor credit risk is a standardized risk rating system. A credit risk rating system provides banks and credit unions the opportunity to grade transactions in their commercial loan portfolio by level of risk. All credit exposures should be rated.

Credit Risk 60

Credit Risk Credit Unions Transactions 60

Pactola

DECEMBER 7, 2020

For over 30 years, the regulators have advocated, or required, an independent validation of credit risk. And finally: Is it risk based? This article identifies common misconceptions and deficiencies in CRR functions that we’ve evaluated in our roles as former regulators, bankers, or as independent consultants.

Credit Risk 40

Credit Risk Transactions 40

Abrigo

JULY 20, 2024

Want more articles like this? Credit risk : In C&I lending, at least part of the collateral is intangible. The emphasis for commercial credit risk management and evaluation is cash flow, fixed charges coverage, and working capital cycles. What will need to change for solid commercial credit analysis ?

Credit Unions 78

Credit Unions Credit Risk Small Businesses 78

Abrigo

SEPTEMBER 25, 2024

Would you like other articles like this in your inbox? Read Main Street Bank's story Abrigo SBA Lending Blog Lending & Credit Risk SBA Lending Breaking down SBA lending: What is E-Tran? Key Takeaways E-Tran is the SBA's loan submission platform. 7(a) and 504 loan programs both use E-Tran for managing loans.

Credit Unions 88

Credit Unions Credit Risk Credit and Collections Small Businesses 88

Your Virtual Credit Manager

OCTOBER 15, 2024

Full Speed Ahead for Collections Effective collections management is key to maintaining healthy cash flow and minimizing overdue accounts, which will reduce your risk of bad debt losses. To achieve this, it's essential to have the right personnel, tools, and processes in place.

Chapter 11 130

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

Your Virtual Credit Manager

NOVEMBER 14, 2023

Selling only to financially strong customers reduces the risk of bad debt loss, (and the cost of Credit and Collections activity required). Most companies, however, need incremental sales volume from higher-credit-risk customers to break even and achieve profitability. it just might help them pay you sooner!

Credit Sales 130

Credit Sales Bad Debt Credit and Collections Credit Risk 130

Abrigo

AUGUST 2, 2023

CRE credit risk is in the spotlight A structured approach to assessing commercial real estate risk helps banks and credit unions address inquiries about the health of CRE loans. Executives should be prepared to discuss credit risk stress testing outcomes and their impact on risk management decisions.

CECL 78

CECL Credit Risk Credit Unions 78

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

Abrigo

OCTOBER 17, 2023

Supervisory priorities Banking examiners to focus on managing change As banks and credit unions face an ever-evolving landscape that requires adaptability and innovation, they would be wise to take stock of their change management processes. This article describes recent comments by financial regulators about managing change.

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

Abrigo

MAY 27, 2022

What Makes a Successful Credit Manager Focusing on these traits can only help you become a better credit manager at your financial institution. Would you like other articles on loan review in your inbox? 5 Traits of the Ideal Credit Manager. Credit Analysis Training. Credit Risk Management.

Credit Management 78

Credit Management Credit Risk 78

Your Virtual Credit Manager

DECEMBER 5, 2023

Share Differentiating Your Customers The two most important customer account characteristics that will foreshadow the Collection Strategy you should pursue are: The size of their AR balance Their credit risk profile As a rule, customers that owe you larger amounts of past due AR should receive more and earlier attention than customers who owe less.

Credit and Collections 130

Credit and Collections Third Party Collections Accounts Receivable (AR) Credit Risk 130

Your Virtual Credit Manager

FEBRUARY 28, 2023

Your Virtual Credit Manager (YVCM) previously published an article discussing the pros and cons of Prompt Payment Discounts. It will reduce your Accounts Receivable (AR) balance and the associated elevated credit risk inherent in a larger AR. If not paid by the discount date, the full amount is due in 30 days.

Bad Debt 130

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy 130

Abrigo

DECEMBER 1, 2021

Would you like other articles like this in your inbox? This article is substantially updated from a 2013 blog post. There will always be risks inherent in loan portfolios, and effective portfolio management and loan control functions are critical to the overall risk management function of banks and credit unions.

Credit Risk 78

Credit Risk Credit Unions 78

Abrigo

DECEMBER 22, 2023

Takeaway 2 Management reports, probability of default, and model validation topics were found in the top blogs for risk professionals. Takeaway 3 Updates on interest rate forecasting and best practices for managing CRE risk were among the most-read blogs.

CECL 88

CECL Credit Unions Default Credit Risk 88

Abrigo

APRIL 22, 2024

This article outlines some of the math behind small business lending and its profitability and suggests ways for banks and credit unions to better serve this important market while earning appropriate returns. Win more small business deals and grow market share.

Credit Unions 97

Credit Unions Small Businesses Credit and Collections Credit Risk 97

Abrigo

MAY 24, 2024

Would you like other articles like this in your inbox? The FedNow Service enables community financial institutions to stay competitive by meeting instant payment demands. Implement it smoothly with these tips on preparing for FedNow.

Credit Unions 97

Credit Unions CECL Credit Risk Transactions 97

Abrigo

SEPTEMBER 5, 2023

When and how to cite credit exceptions A policy on credit exceptions can address many factors that can lead financial institutions to diverge from loan policy and miss signs of potential trouble. You might also like these on-demand webinars on tackling common credit risk questions. Talk to a specialist to learn more.

Credit Risk 78

Credit Risk CECL Credit Unions Transactions 78

Your Virtual Credit Manager

JANUARY 2, 2024

If collections are not done properly and in an adequate frequency , your AR will age, cash flow will decrease, and the risk of bad debt loss will increase. Photo by Kai Pilger on Unsplash ) We have written several articles on collections, which you can find in our archive. To learn more, you will need to be a paid subscriber.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Credit Management 130

Abrigo

NOVEMBER 17, 2023

Taking a critical look at the existing steps for the financial institution’s loan applications and credit decisions can uncover opportunities to offer faster business loan decisions that provide a better member or customer experience. The analyst can focus on analyzing large, complex scenarios rather than data entry and spreadsheets.

Credit Unions 88

Credit Unions CECL Credit Risk Credit and Collections 88

Your Virtual Credit Manager

MARCH 12, 2024

Photo by David Gardiner on Unsplash ) Updating trade credit programs goes beyond defensive measures; it should also align with growth strategies, lower operational costs, and enhance the customer experience. More About Purchasing Credit Reports Please feel free to share this newsletter with your small business customers.

AR Transformation 100

AR Transformation Credit and Collections Accounts Receivable (AR) Order to Cash 100

Abrigo

MAY 22, 2024

This article outlines some of the math behind small business lending and its profitability and suggests ways for banks and credit unions to better serve this important market while earning appropriate returns. Win more small business deals and grow market share.

Credit Unions 78

Credit Unions Small Businesses Credit and Collections Credit Risk 78

Your Virtual Credit Manager

AUGUST 22, 2023

After September, free subscribers will only have access to a portion of the weekly article. Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit. Here’s more on setting credit limits.

Credit and Collections 130

Credit and Collections Bad Debt Credit Risk Small Businesses 130

Abrigo

AUGUST 29, 2022

E-signature capabilities benefit both customers and staff Banks and credit unions that leverage electronic signature capabilities reap the benefits of a more efficient lending process. Would you like other articles like this in your inbox? Lending & Credit Risk. How to implement consistent credit risk pricing.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections 78

Your Virtual Credit Manager

SEPTEMBER 19, 2023

Starting in October, free subscribers will only receive the introductory section of our weekly articles. Plus, you will get full access to our growing archive of over 100 articles! Raise Their Prices: When you have a high credit risk customer, you should be charging them the highest price possible. Offer ends 9/30/23.

Credit and Collections 130

Credit and Collections Default Bad Debt Credit Risk 130

Know-It Global

MAY 8, 2023

As a business owner, it’s essential to understand and manage credit risk to maintain a healthy cash flow and avoid financial losses. Credit risk is the potential for a borrower to fail to repay a loan or credit extended to them. The good news is you can avoid these issues. Did you know? Worldwide coverage.

Bad Debt 52

Bad Debt Credit and Collections Credit Risk Default 52

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Takeaway 3 Banking intelligence that's purpose-built for banks and credit unions combines analytics and intuititve dashboards.

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

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. Would you like other articles like this in your inbox? Lending and Credit Software. Ag Lending. Learn More.

Credit Unions 78

Credit Unions Credit Risk Default 78

Serrala

SEPTEMBER 7, 2023

Read more Bild Credit & Risk Management Automate processes across your entire credit management lifecycle for faster and more accurate credit decisions and less manual activities. Reduce DSO and optimize working capital with the most comprehensive collections software. Be inspired, learn from peers and discover trends.

Credit and Collections 98

Credit and Collections Order to Cash DSO Cash Applicator 98

Know-It Global

FEBRUARY 26, 2024

Integrations with the likes of Creditsafe , Companies House , The Gazette , Unsecured Creditor Claims, Darcey Quigley & Co , Xero , Sage Business Cloud , QuickBooks , FreeAgent and now Sage 50 , Know-it brings unparalleled data insights that allows businesses to mitigate credit risk, reduce debtor days and boost cashflow through automation.

Credit and Collections 52

Credit and Collections Credit Risk Credit Management 52

Abrigo

FEBRUARY 23, 2022

Would you like other articles like this in your inbox? Takeaway 2 Loan decisioning allows institutions to efficiently allocate credit analysts’ time for profitable small business lending. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL.

Small Businesses 78

Small Businesses Credit Unions Credit Risk CECL 78