Abrigo

APRIL 12, 2021

Several challenges tied to booking business loans typically drive a financial institution’s decision to use a loan origination system, according to research firm Aite Group. Credit Analysis Training. Credit Risk Management. Credit Risk Regulation. Lending & Credit Risk. Risk Ratings.

Credit Unions 135

Credit Unions Credit Risk Credit and Collections Cybersecurity 135

Know-It Global

MAY 15, 2023

We had a great time talking to new and existing clients whilst showing new audiences how Know-it helps businesses mitigate credit risk, reduce debtor days and boost cashflow. Know-it helps accountants and bookkeepers better serve their clients by allowing them to automate their complete credit control process. Find out more!

Credit and Collections 98

Credit and Collections Credit Risk Credit Management 98

Abrigo

FEBRUARY 27, 2020

This means having processes and people in place for bringing in borrowers, identifying the right loans to book, pricing them correctly, and closing loans quickly and efficiently enough to meet customer needs and institutional goals. Book more loans with a faster turnaround. Lending & Credit Risk. learn more.

Credit Unions 97

Credit Unions Credit Risk 97

Your Virtual Credit Manager

OCTOBER 2, 2024

Your Virtual Credit Manager is a reader-supported publication. Do you need help assessing your customers’ credit risks? The experts at Your Virtual Credit Manager have default risk probabilities and other financial benchmarks for analyzing your AR portfolio and revealing actionable insights.

Past Due Invoices 130

Past Due Invoices Credit and Collections Deductions Accounts Receivable (AR) 130

Trade Credit & Liquidity Management

MAY 8, 2025

In today’s risk-heavy business climate, Controllers are expected to do more than close the books. For small and mid-sized businesses that extend trade credit to their customers, Truverto provides customer master data and credit risk information that saves time and protects privacy through integrated systems.

Credit and Collections 52

Credit and Collections Revenue Recognition DSO Credit Management 52

Abrigo

OCTOBER 21, 2024

The compensation for taking said risks is the spread the bank can charge on the loan as well as the fees that can be earned on the relationship. Credit losses are bound to occur on loans in a portfolio, given the nature and diversity of risk that banks look to take on their loan books.

Credit Unions 78

Credit Unions Default Credit and Collections Credit Risk 78

Abrigo

MARCH 21, 2024

Takeaway 2 Enterprise value goes beyond book value to include earning potential, market position, and intangible assets. Takeaway 3 Seek out a firm with credit union merger experience that brings credentials, communicates well, and takes a comprehensive view of the merger. It helps align mergers with strategic goals.

Credit Unions 88

Credit Unions CECL Credit Risk Transactions 88

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Credit Unions 78

Credit Unions Credit Risk Small Businesses 78

Abrigo

MAY 19, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." WATCH Takeaway 1 Loan review officers must figure out how to adhere to the FDIC’s guidance on loan review and credit risk review systems. Read more for specific objectives every loan review system should meet.

Credit Risk 78

Credit Risk Credit Unions Credit and Collections Small Businesses 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

Gaviti

DECEMBER 18, 2024

Zoho Books Zoho Books automates the accounting process for smaller businesses looking to scale. Dispute management that gives you credit and collection history available in one place, enabling you to easily see trends and reduce future disputes for accurate reporting.

Collection Effectiveness Index 52

Collection Effectiveness Index DSO Credit and Collections Invoice to Cash 52

Abrigo

JANUARY 17, 2023

Closing and booking the loan to core. This enables an immediate QC, and if the loan passes, fund and book. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. This decreases errors and speeds up closing. Too good to be true. Whitepaper. Member Business Lending.

Credit Risk 78

Credit Risk Small Businesses 78

Abrigo

DECEMBER 19, 2019

Key Takeaways To book loans more quickly, institutions must create efficiencies and increase loan turnaround. Some financial institutions aim to grow their bank or credit union by growing the loan portfolio. Growing the loan portfolio seems fairly straightforward: book more loans. Lending & Credit Risk.

Credit Unions 78

Credit Unions Credit Risk CECL 78

Your Virtual Credit Manager

OCTOBER 31, 2023

Accounts receivable (AR) represent the amounts owed your business by your customers for the purchase of goods or services delivered on credit. Because AR constitutes one of largest assets on your books, proactively managing accounts receivable is crucial for the financial health of your business.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) 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

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. In addition, lenders tightened credit standards for approving applications for these types of credit in the third quarter.

Small Businesses 88

Small Businesses Credit Unions Credit Risk CECL 88

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times." Get more credit risk best practices.

CECL 78

CECL Credit Risk Credit Unions Small Businesses 78

Abrigo

OCTOBER 10, 2023

In addition to providing a more  efficient credit risk review , a loan review solution can provide other analytics to support staffing requests. Credit risk series Learn More The post 4 Ways to evaluate your loan review department’s effectiveness appeared first on Abrigo.

Credit Unions 78

Credit Unions Credit Risk CECL 78

Abrigo

OCTOBER 10, 2023

In addition to providing a more  efficient credit risk review , a loan review solution can provide other analytics to support staffing requests. Credit risk series Learn More The post Four ways to evaluate your loan review department’s effectiveness appeared first on Abrigo.

Credit Unions 78

Credit Unions Credit Risk CECL 78

Abrigo

OCTOBER 28, 2020

Answer this question: Are we trying to decide what to do with the money you already have on the books, or are we trying to find ways to grow the balance sheet and going to need new funds as a result? Notice I have not yet said whether the load rate of 2.50% is a good rate for that kind of credit. Credit Risk Management.

CECL 78

CECL Credit Risk Default 78

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

Your Virtual Credit Manager

JANUARY 23, 2024

There will only be a minimal loss if a small volume account defaults, so the higher the sales volume and credit risk (and remember that new businesses pose a higher risk), the more frequently you should be reviewing those accounts. For most companies, accounts receivable (AR) is one of the two largest assets on their books.

Credit Application 130

Credit Application Bad Debt Bankruptcy Credit Scoring 130

Abrigo

AUGUST 30, 2022

Typically, financial institutions can get a higher net interest margin opportunity when they book a loan than they can by buying an investment. Learn more about credit risk in a rising-rate environment in this video podcast. With liquidity rates what they are today, that may be an easy “yes.” Listen now.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78

Abrigo

AUGUST 11, 2020

10 , paving the way for borrowers to begin getting their loans taken off the books of lenders if they have met all requirements. Lending & Credit Risk. Portfolio Risk & CECL. Credit Analysis Training. Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk.

Credit Risk 78

Credit Risk Dashboards CECL Small Businesses 78

Abrigo

NOVEMBER 9, 2020

A smooth, effective loan administration process is like the defensive line against unnecessary loan losses, given that it impacts operations from the time a loan is approved until it is off the bank or credit union’s books. Loan administration systems that provide dynamic reporting by risk rating provide insight into portfolio risk.

Credit Unions 78

Credit Unions Credit Risk CECL 78

Know-It Global

MAY 19, 2023

million overdue invoices on their books at the end of 2022 according to insolvency and restructuring trade body R3. Automate your credit control with Know-it! We are in the midst of a late payment crisis engulfing businesses with the average SME having £68,413 owed to them in unpaid invoices. Get started for free.

Credit and Collections 98

Credit and Collections Credit Risk Credit Management 98

Abrigo

AUGUST 11, 2020

10 , paving the way for borrowers to begin getting their loans taken off the books of lenders if they have met all requirements. Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL. Learn More.

Credit Risk 78

Credit Risk Dashboards CECL Small Businesses 78

Your Virtual Credit Manager

JUNE 18, 2024

Photo by Muhammad Daudy on Unsplash ) The problem with startup companies: there is a high probability they will fail , leaving you with a bad debt on your books. That’s why it is standard to ask on a credit applications the year in which the business was formed. Share How Much Credit Risk Can You Bear?

Bad Debt 100

Bad Debt Credit and Collections Credit Risk Credit Card Companies 100

Abrigo

JULY 25, 2022

Taking a “wait and see” approach to ag lending preparation could leave the financial institution short-handed at a time when solid underwriting and sound credit risk management are vital. Central to being able to keep good loans on the books? Lending & Credit Risk. Lending & Credit Risk.

Credit Risk 78

Credit Risk Credit Unions Small Businesses 78

Abrigo

OCTOBER 17, 2022

During the CEO search, Abrigo President Jay Blandford will lead the company, working closely with the company’s Executive Leadership Team and Board Chairman Ron Books. Given Abrigo’s growth rate and the scale of the business, the board seeks someone experienced in taking companies to the next level – both organically and through acquisitions.

Credit Risk 148

Credit Risk 148

Abrigo

APRIL 21, 2020

“We don’t have to hold more capital against these loans, which is an interesting way to make the availability of this a little better, but it’s going to cost us some money to put these on the books,” explained Dave Koch, Managing Director of Advisory Services at Abrigo, during a recent podcast. Lending & Credit Risk.

Credit Risk 78

Credit Risk Small Businesses Default 78

Abrigo

DECEMBER 1, 2020

After Turbulent 2020, Ag Lenders Look to 2021 Understanding credit risk in current ag loan portfolios will also be key to ag lenders' solid returns. . Takeaway 1 For solid ag lending returns, focus on assessing credit risk in current portfolios and effective pricing. . Book ag & commercial loans on one platform.

Credit Risk 78

Credit Risk Actual Loss 78

Abrigo

AUGUST 27, 2019

However, that’s not always the case, as there are three inherent risks all financial intermediaries face: credit risk, interest rate risk, and liquidity risk. Pay vs. Save Strategies There are strategies that financial institutions can employ to mitigate lending risks, such as pay and save strategies.

Credit Risk 60

Credit Risk Credit Scoring Default 60

Abrigo

AUGUST 9, 2019

“Dealing with change is difficult, but dealing with change when you don’t feel like you have enough time feels impossible,” says Dave Crenshaw, author of a best-selling time management book and the keynote speaker of the 2019 ThinkBIG Conference in Orlando, Fla., You can bounce ideas off of people from a wide range of institutions.”

CECL 60

CECL Credit Unions Credit Risk 60

Abrigo

SEPTEMBER 1, 2020

which specializes in banker training and bank consulting services in credit risk underwriting and loan portfolio risk. “A Managing Liquidity Risk and Profitability in 2020 Webinar Series. Credit Risk Management. Lending & Credit Risk. Learn More. Asset Liability Modeling. Asset/Liability.

Credit Unions 78

Credit Unions Credit Risk Small Businesses Transactions 78

Abrigo

JANUARY 3, 2023

During a recent construction lending webinar , lending and credit risk expert Dev Strischek of Devon Risk Advisory Group outlined the keys to construction loan success. Strischek included the following information, which can help lenders avoid risk before the project begins—by planning ahead at the closing table.

Credit Risk 78

Credit Risk CECL Law Firms Credit Unions 78

Know-It Global

MARCH 23, 2023

Clara will be on hand to onboard new users and help businesses get the most out of the Know-it platform to help them mitigate credit risk, reduce debtor days and boost their cashflow. Know-it is free to use, plus get a free company credit report when you sign-up! Welcome Clara Gobrecht, our new Customer Success Manager!

Credit Risk 98

Credit Risk 98