Preparing your income statement as a lender- management accounting 101
No one likes the boring routine of bookkeeping and punching in numbers; but management accounting is a highly important for your lending business.
6 practical tips to reduce loan processing times
Fast loan processing doesn’t mean approving all loan requests, but deciding if a loan should be approved or not shouldn’t take forever.
What are the three C’s of credit and how do lenders actually use them?
Understanding this framework is useful for lenders and equally strategic for borrowers. Knowing how the three C’s are weighed provides insight into what strengthens or weakens an application.