Relationship & Transactional Lending Risk

What is commercial lending workflow and why is it important?

The commercial lending - traditional C&I, CRE and other - segment is one of the last areas to be “automated” or captured within an automated lending platform.   Many of us talk about the need to automate this segment but the discussion needs to start with the question of “What does it mean to...read more

Application auto-decisioning: Misconceptions and proper Use

From a score perspective we have established the high level standards/reporting that will be needed to stay on top of the resulting decisions.  But there is a lot of further detail that should be considered and further segmentation that must be developed or maintained.   Auto Decisioning A...read more

How to create decision strategies for small business lending

Some of you may be thinking finally we get to the meat of the matter.  Yes the decision strategies are extremely important when we talk about small business/business banking.  Just remember how we got to here though, we had to first define: Who are we going to pursue in this market segment? How are...read more

Underwriting and Data Requirements/Guidelines

  One might consider this topic redundant to the last submission around application requirements and that assessment would be partially true.  As such we are not going to go over the data that has already been collected in the application such as the demographic information of the applicant and...read more

Small Business Application Requirements - part II

- by Joel PruisApplication Requirements: Financials or No Financials – That is the question! Probably the first debate with information requirements is whether or not to collect financial statements on the business.  There has been much heartburn by the commercial lending traditionalists with the...read more

Small Business Application Requirements - part I

- by Joel Pruis The debate on what constitutes a small business application is probably second only to the ongoing debate around centralized vs. decentralized loan authority (but we will get to that topic in a couple of blogs later).  We have a couple of topics that need to be considered in this...read more

Make sure your credit policy accounts for Account Review

The following article was originally posted on August 15, 2011 by Mike Myers on the Experian Business Credit Blog. Last time we talked about how credit policies are like a plant grown from a seed. They need regular review and attention just like the plants in your garden to really bloom. A credit...read more