November 20, 2017
Borrowers Turning to MarketPlace Lending | CLOUDecision

Are Your Customers Turning to MarketPlace Lending?

The lending landscape has changed dramatically over the past few years. According to the Washington Post, as recently as 2011, Bank of America, JPMorgan Chase and Wells Fargo — the three largest banks in the country — were responsible for 50 percent of the loans in the United States. Just […]
October 30, 2017
MarketPlace Lending for Community Banks | CLOUDecision

Why Community Banks Need to Adopt MarketPlace Lending

Marketplace lending utilizes technology that allows lenders to process and evaluate loan requests in an accurate and timely manner. This enables them to both reduce their costs and streamline the process of loan approvals. Unlike traditional lending methods which earn a profit through interest rates, Marketplace Lending platforms charge a […]
October 20, 2017
OCC 2018 Priorities Released - Are you prepared? | CLOUDecision

OCC 2018 Priorities Released – Are you prepared?

Starting in 2018, the Midsize and Community Bank Supervision (MCBS) team of the Office of the Comptroller of the Currency (OCC) will focus on risk analysis, credit underwriting, strategic risk, asset management, operational risk and other objectives. The context of these objectives is as follows: Risk Analysis The incorporation of […]
October 12, 2017
Retain & Attract Customers Considering Online Lending | CLOUDecision

Retain and Attract Customers That Are Considering Online Lending

The landscape of lending is changing in part to the continued popularity of online lenders. A large number of today’s loan applicants are more likely to choose a non-bank lender for their financing needs for a number of reasons such as convenience and flexibility. However, community banks can remain competitive […]
August 7, 2017
Commercial Real Estate Lending | CLOUDecision

Real Estate Lending for Community Banks

Community banks need to transform their outdated, costly and inefficient method of processing commercial real estate loans to a more efficient system that automatically ensures compliance every step of the way. Customizable, intuitive and collaborative, CLOUDecision’s CRE Origination Software provides financial institutions with an affordable alternative to current practices.
July 24, 2017
SBA Lending - CLOUDecision

Small Banks and Marketplace Lending: The Perfect SBA Expansion Partnership

As of April 2017, the Small Business Administration (SBA) guaranteed 7(a) loans in the amount of $14 billion. This figure reflects an increase in volume of 9.4 percent over fiscal 2016. The 7(a) loan program, the agency’s most popular, provides guarantees up to $5 million. Another SBA program, the 504, […]