Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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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,…
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“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…
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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…
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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…