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CRE loan distress: Spot the symptoms, diagnose, and treat problem loans

Abrigo

The problem may be a chronic condition, or there may be many iterations, stop-and-starts, relapses, and even “death” via bankruptcy/liquidation. Loan workout is not always a straight journey between diagnosis and the ultimate cure, as is the case with many medical treatments. Talk to a specialist.

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Twenty Action Priorities for Credit & Collections Managers

Trade Credit & Liquidity Management

Implement Calculated Expected Credit Loss (CECL) Requirements 20. Review the Current Cash Application Process Implement automated and AI solutions when appropriate 14. Create a Schedule for Onsite or Virtual Customer Visits 17. Review Credit Card Security Procedures and Fees. Develop a Policy for Customers Unilaterally Extending Payments 19.