Remove CECL Remove Credit Scoring Remove Credit Unions
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Dynamic market Small business lending by banks & credit unions Small businesses are a pillar of the U.S.

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The first step in a practical 2017-2018 credit union action plan – Build a CECL committee

Abrigo

In the recent Sageworks webinar “Actionable Steps to Prepare for CECL Today,” Neekis Hammond and Jared Mills, advisory services consultants at Sageworks, discuss five actionable steps credit unions can take to prepare for the upcoming CECL regulation. That data may be important for migration and vintage techniques.”

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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Dynamic market Small business lending by banks & credit unions Small businesses are a pillar of the U.S.

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For faster loan origination, stop doing this

Abrigo

At many banks and credit unions, the way lenders and underwriters have handled loans is basically unchanged from decades ago. Frustrating processes tied to credit requests and slow loan decisions are among borrowers’ biggest complaints about banks and credit unions compared to online or alternative lenders.