Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
KYB: Know Your Borrower
Whether buying a business or providing senior debt, the deal comes down to trust. How well do you know the…
The Lost Art of the Loan Purchase
Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
Audit Prep: Why a Paperless Approach Makes Sense
How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
Back Office Support Services: Helping you approve more clients
How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
Paper Loan Files: Does Your Bank Know the True Cost?
Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
Figuring out the Finance Jargon
Warning! The remainder of this paragraph is not intended to make sense, but to make a point. I want to…
3 Tips for Better Document Tracking
Your bank likely receives hundreds (or thousands) of documents each day. Customer files, invoices, contracts, and legal agreements are just…
8 Things You Need to Know if You’re Thinking of Buying a Franchise – And YES Financial Services Franchises Do Exist
The world of franchising today is incredibly diverse. It wouldn’t be an overstatement to say virtually every type of business…