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The top lending & credit risk blogs of the year

Abrigo

Those priorities are apparent in the most popular Abrigo lending and credit blog posts for the year. Articles on creating a sound credit risk rating system and preparing for the possibility of new requirements such as the CFPB ruling were among the most-viewed throughout the year. Read the buyer's guide to lending solutions.

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5 Traits of the ideal credit manager

Abrigo

What Makes a Successful Credit Manager Focusing on these traits can only help you become a better credit manager at your financial institution. 5 Traits of the Ideal Credit Manager. Below are five traits integral to being a successful credit manager. Credit Analysis Training.

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Loan covenants refresher: What, when, why & how

Abrigo

Support credit risk management Understanding loan covenants, when financial institutions should use them, and how to monitor them supports strong lending portfolios and credit risk management best practices. Takeaway 2 Capital, performance, and administrative covenants are common with business loans.

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Preparing your financial institution to manage loan workouts, loan modifications

Abrigo

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." Watch webinar.

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Managing Credit Risk to Maximize Revenue in Tough Times

Your Virtual Credit Manager

Special Offer: On June 26, 2023, at 1PM EDT, David Schmidt will be leading a live webinar covering “ Strategic Collections: Process Efficiency and Tactics to Drive Superior AR Performance.” By altering its Credit Risk Management Policy in this way, businesses can boost revenue and protect profitability.

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3 Sustainable Finance Steps For Midsize Businesses To Gain Access To Capital

SAP Credit Management

Banks are increasingly committed to net-zero lending practices and, as a result, they are factoring sustainability into credit risk assessments for all their lending. For more information on sustainable finance, attend the webinar ‘Your Guide to GROW with SAP: Cloud ERP and Sustainable Finance’.

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Red Flags that Demand Your Attention

Your Virtual Credit Manager

Photo by Jamie Street on Unsplash There are two types of credit risk that arise from selling on open credit terms: Customers paying beyond terms (past due) reduce your cash flow. Sound Credit and Collection practices will help you navigate the impact of these risks. it just might help them pay you sooner!