Blog

July 7, 2017
Automating Loan Process Keeps Small Banks Competitive

Automating Loan Process Keeps Small Banks Competitive

Community banks and credit unions are not only facing continued competition from big-name banks with generous marketing budgets but also from online lending companies. These lending providers are securing an ever-increasing share of the market with their streamlined application processes and ability to offer a decision and access to the […]
June 23, 2017
CLOUDecision Commercial Lending Systems

4 Ways CLOUDecision Improves Relations Between Customers and Banks

For the commercial lending departments of today’s banks and credit unions, it is imperative to have access to an integrated and efficient loan evaluation system that supports applicable internal and external policies. However, the right system has a reach far beyond improving a financial institution’s internal mechanisms. It also builds […]
June 9, 2017
Fair Lending - CLOUDecision

Using Automation to Comply With Small Business Fair Lending Practices

The CFPB (Consumer Financial Protection Bureau) recently released examination priorities around lending practices of financial institutions. These examinations will ensure that all financial institutions are staying compliant in fair lending practices. Now, more than ever, having an up-to-date and robust system that self-monitors fair lending practices for your institution is […]
May 30, 2017
MarketPlace Lending - CLOUDecision

How Community Banks Can Increase Loan Growth with MarketPlace Lending

Since the financial crisis of 2008, lending by nonbank entities has resulted in their portfolios to increase by 100%. While initially some of this growth was due to the fact that banks were dealing with the resultant fallout from the financial crisis and small-business lending was more restrictive, their ability […]
May 15, 2017

3 Advantages of Improved CRE Stress Testing Practices

Despite the recent rise in interest rates, borrowers in need of commercial real estate loans have remained optimistic thanks to positive economic outlooks. According to the CBRE Lending Momentum Index, CRE lending activity in March was up by 25.2% year-over-year.
April 19, 2017
Greater Returns with Less Risk: C&I Lending

Achieve Greater Returns with Less Risk: C&I Lending

C&I loans are those that are typically extended to partnerships, corporations, sole proprietorships and other business entities in order to finance specific needs. A few examples of common reasons that applicants might be interested in such loans include shoring up an uneven cash flow, providing working capital on a seasonal […]
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