Committees : Lending
Financing the nation’s newest businesses is a potentially huge opportunity for community banks.
Sustainability will be the growth story of the 21st century; banks can be the fuel that powers that growth.
Community banks should focus on SBA lending, small credits and self-service lending for their greatest return on investment.
Traditional credit scoring can be improved, but creating a new model on how to calculate and predict high-performing loans is no small feat.
Business lending stands to gain from an open banking system that leverages centralized data to generate better offers and create an easier application process.
Banks can gain the competitive muscle to provide small business loans efficiently, quickly and profitably through a digital loan platform.
Competition for commercial loans has been heating up, and future success will require an enhanced digital experience.
Community banks that hope to stay ahead should prioritize digital and automated loan processes in the face of talent and regulatory challenges.
Banks must invest in primacy by fostering broader relationships with their most-valued clients if they want to significantly impact the bottom line.
The leveraged loan market has once again proven its resilience, with no impending near-term maturity wall and smooth sailing ahead.