SMB Commercial Lending

OCTOBER 17, 2023

The recent revisions to the SBA 7(a) loan program herald promising opportunities for both buyers and sellers. Source: SBA.gov Contact us to learn more.

Transactions 98

Transactions 98

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. They explained adopting a more nuanced approach during a recent Abrigo webinar for bankers. You might also like this webinar on credit department housekeeping.

Credit Unions 88

Credit Unions Credit Risk Insurance Companies Small Businesses 88

Abrigo

FEBRUARY 9, 2024

Notice of proposed rule making Residential Real Estate Money Laundering The Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rulemaking ( NPRM ) on February 7, 2024, to combat and deter money laundering through non-financed residential real estate purchases.

Cybersecurity 78

Cybersecurity Transactions 78

Due

NOVEMBER 6, 2023

A recent study by Morning Brew and Generation Lab has discovered that the majority of Generation Z, currently enrolled in college, rely on their parents or family members for financial advice. This gap in financial education at home could lead to challenges in managing personal finances and making informed decisions in adulthood.

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SAP Credit Management

JANUARY 30, 2023

Stay Current: SAP S/4HANA Cloud, public edition – Finance: SAP S/4HANA Cloud, public edition – Finance Learning Journey SAP S/4HANA Cloud, public edition 2302: Stay Current Enablement and Assessment Stay Current Sections: Scope and Innovation Highlights – Enterprise Management.

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MARCH 20, 2024

Thanks to a recent court settlement, the real estate industry is teetering on the edge of a significant transformation. This is a significant blow to realtors who have long relied on these commissions as their primary source of income. Conclusion The recent court settlement is set to change the landscape of the real estate industry.

Transactions 52

Transactions 52

The Red Spectrum

MAY 8, 2023

As a result, most entrepreneurs depend on small business financing to get their ventures off the ground. In recent years, the small business financing landscape has undergone significant changes. From the rise of alternative lending to changes in government policies, small business financing trends continue to evolve.

Small Businesses 96

Small Businesses Credit Scoring Credit and Collections Transactions 96

Emagia

NOVEMBER 10, 2023

And the numbers are backed up by an increasing number of recent reports from sources including Forbes , the Wall Street Journal , and CNBC, which recently named Emagia one of the top fintech companies in the world.

Bankruptcy 52

Bankruptcy B2B Credit Credit and Collections Credit Application 52

Abrigo

MARCH 8, 2024

This discussion highlights recent trends in wire fraud and offers strategies to protect both clients and institutions. Reports from variou s government and news sources i ndicate the existence of organized groups, often in other countries, exploiting individuals, including victims of human trafficking, to defraud U.S.

Transactions 78

Transactions 78

Emagia

OCTOBER 17, 2023

This long-standing concept weighs heavily when discussing the potentially sizeable increase use of generative AI (GenAI) in finance functions. One of the key concerns we at Emagia have heard from customers and colleagues at the CFO level and at industry events like NACM Connect’s recent Gateway Conference in St.

Credit Management 52

Credit Management 52

Onguard

OCTOBER 19, 2023

Credit management has undergone a significant transformation in recent years. Companies that are working data-driven successfully have made a number of changes in recent years. To collect this data, you can consult both internal sources and external sources, such as Altares Dun & Bradstreet.

Credit Management 52

Credit Management Credit and Collections 52

Due

SEPTEMBER 7, 2023

Key Takeaways Remember to account for taxes when adding up your sources of income. Many retirees forget to account for taxes when planning their finances. We suggest having a physical document, whether handwritten or digital, listing all expected sources of income, debts, liabilities, savings balances, and insurance policies.

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Abrigo

JUNE 5, 2023

You might also like this webinar: "Identifying emerging CRE credit risk red flags" WATCH Takeaway 1 Financial institutions face increased scrutiny over their risk management following recent bank failures. Source: Abrigo Connect "One of the best things that I've found so far is the ability to use Connect to try and put together the pieces."

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

Due

FEBRUARY 5, 2024

The unraveling of Silicon Valley Bank and the looming threat to regional banks In the recent past, the banking industry has been subjected to intense scrutiny, with regional banks bearing the brunt of the pressure. When this happens, the amount of cash on hand decreases, forcing the bank to look at other sources to generate some money.

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MARCH 24, 2024

It teaches you how the tax code has recently changed, what types of income are tax-free, and how to read your financial records like an accountant. Before you open this book, I suggest you gather your W-2 filings and other sources of income, then start saving money as you turn the pages. Lower Your Taxes — Big Time!” Is a must-read.

Deductions 105

Deductions Small Businesses Transactions 105

Abrigo

JULY 21, 2021

Key Priority: Foreign and Domestic Terrorist Financing Among FinCEN's first list of key priorities for AML/CFT policy is detecting, reporting, and preventing foreign and domestic terrorism. Financial institutions of all sizes are more likely than ever to see activity related to terrorist financing. Unfortunately, that is not the case.

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Emagia

DECEMBER 8, 2023

Reflecting on the defining trends of the finance sector in 2023, one undeniable spotlight emerged—the mainstreaming of artificial intelligence (AI). Despite AI’s potential, most finance functions’ AI implementations have remained limited,” said Marco Steecker, senior principal in the Gartner Finance Practice. “As

Small Businesses 52

Small Businesses 52

Due

SEPTEMBER 18, 2023

China’s recent accumulation of oil reserves has captured global attention and sparked speculation about its intentions. Shifting Global Energy Dynamics: With increasing pressure to transition to cleaner energy sources, traditional energy supplies like oil may become scarcer and pricier in the future.

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Your Virtual Credit Manager

SEPTEMBER 26, 2023

Photo by 2H Media on Unsplash ) Your year-end financial statements are the predominant source of financial information on your company for lenders and creditors. Consider Factoring or Invoice Finance. Explore options such as factoring or invoice financing to improve cash flow by converting accounts receivable into immediate cash.

Credit and Collections 147

Credit and Collections Accounts Receivable (AR) Deductions Collector 147

Due

SEPTEMBER 21, 2023

While venture capital (VC) funding seems like an ideal source of startup capital, the reality is that less than 1% of startups receive VC backing. Friends and Family One of the most common sources of early startup funding comes from an entrepreneur’s closest connections: friends and family.

Credit Scoring 59

Credit Scoring Small Businesses Default 59

Cpcmcredit Blog

JANUARY 3, 2023

I concentrate on business finance but that is of course influenced by wider trends which are harder to predict and unfortunately not particularly positive at the present time. Will a major bank finally entirely absent themselves from the invoice finance market? The demand for invoice financing will be slow.

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Abrigo

JULY 12, 2021

The agency recently completed their three-day June plenary. Takeaway 2 The expanded guidance focused on five main areas, including financing of racially or ethnically motivated violent extremism and proliferation finance. . This report highlights the challenges of detection as much of the funding of comes from legal sources.

CECL 78

CECL Credit Risk 78

Cpcmcredit Blog

JANUARY 20, 2023

I haven’t directly named them but I will give one example and name Select invoice finance who when they do not have the funds available tell you straight. Lenders can be victims of their own success and of course need to source more back up. That generates goodwill from me because my time isn’t wasted.

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OCTOBER 4, 2023

According to a recent report , a fair percentage (over one in 10) of American adults are actively involved in strategies to create an additional income stream. They offer a way to invest in real estate without the need to own, operate, or finance properties yourself. Similarly, high inflation could erode the value of your savings.

Small Businesses 111

Small Businesses 111

Abrigo

DECEMBER 10, 2021

Takeaway 3 Using the exam manual as your primary source for developing an AML program will keep you several critical steps ahead. . The Federal Financial Institutions Examination Council (FFIEC) periodically updates its BSA Examination Manual, with the most recent update on December 1, 2021.

Nonprofit Organizations 78

Nonprofit Organizations Cybersecurity 78

Loomis Sayles Credit Research

FEBRUARY 13, 2024

We expect values, already down 22% from the recent peak (Green Street Market Index), to be down another 10% in 2024. [7] 3] Source CRED IQ, as of 12 December 2023. [4] 5] Source: Federal Reserve joint press release, 23 June 2023. [6] 3] Source CRED IQ, as of 12 December 2023. [4] A recession would aggravate this weakness.

Insurance Companies 70

Insurance Companies Default 70

Due

MARCH 21, 2024

A recent survey of mothers revealed that half of them had no savings earmarked for retirement. A helpful approach is to develop a budget that considers all sources of income and expenses, including contributions to retirement plans. The one who can’t find a balance between these competing demands will struggle.

Credit and Collections 103

Credit and Collections Deductions 103

Due

SEPTEMBER 8, 2023

In recent years, the investing world has witnessed a significant shift towards passive and index investing strategies , with more investors opting for low-cost, broad market exposure over active management. The S&P 500 Index, for instance, has delivered an impressive 11% annual return over the past five years.

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Gaviti

MARCH 3, 2024

A recent survey from Intelligent Automation reports that while 42% of organizations have embraced robotic process automation (RPA), the remaining 58% plan to implement it in the upcoming year. A streamlined process also helps to better predict when invoices will be paid, helping businesses to have a more accurate picture of their finances.

DSO 52

DSO Credit and Collections Days Sales Outstanding Cash Applicator 52

Credibly

JUNE 16, 2023

Among the employers surveyed, 40% applied for financing in the year leading up to fall 2022. That was up significantly from the year prior, during which only 25% said they applied for financing. Nearly 4 in 5 business financing applications were at least partially completed, but only about half were fully approved, the survey shows.

Small Businesses 40

Small Businesses Credit Scoring Transactions 40

Due

OCTOBER 20, 2023

However, in the present economy, company funding and financing have remained increasingly difficult to secure from investors and banks. As a result, some entrepreneurs and small businesses may be better suited to using alternative financing for growth. According to the Q2 Small Business Index presented by the U.S.

Small Businesses 52

Small Businesses Credit Scoring Credit Risk 52

Eagle Business Credit

FEBRUARY 14, 2024

In recent times, the global economic landscape has been marked by unexpected shifts, and one such concern is the higher-than-expected inflation rate. Inflation, however, introduces a new layer of complexity to the funding equation — especially for businesses with financing methods that are intertwined with interest rates and repayments.

Small Businesses 52

Small Businesses Bad Debt Credit and Collections Credit Risk 52

Lendio

MARCH 15, 2023

Source: BLS Starting a new business is a risky venture. Source: BLS While surviving the first year is crucial, it is not enough for long-term success. Source: Lendio Location can be a significant factor in a startup’s success or failure. Source: Lendio ) Only 3% of startups are funded through venture capital firms.

Small Businesses 52

Small Businesses 52

Due

AUGUST 2, 2023

To grasp the significance of the recent debt downgrade, we will delve into the US government’s spending and borrowing practices, shedding light on the nation’s future economic health. See Also: A Guide to Coping With Debt and Financial Stress This brings us to the recent debt downgrade.

Default 52

Default 52

Loomis Sayles Credit Research

FEBRUARY 24, 2023

Despite some recent successes, Ukraine has failed to fully eject Russian forces. In our view, late 2022 International Monetary Fund (IMF) estimates of Ukrainian gross external financing needs of $3 to $5 billion almost certainly understate reality. An analysis of relative strategic and economic positioning drives our assessment.

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Abrigo

NOVEMBER 13, 2023

Rather, it is an internal accounting facility that transfers loan authority from a higher lending source to a lower one for a specific period of time under specific conditions. Guidance lines may be appropriate for businesses that know they will have multiple financing or refinancing needs in a given period.

CECL 78

CECL Credit Risk Transactions 78

Team Financial Group

JUNE 2, 2022

However, in recent years, the global pandemic caused the Fed to inject more money into the economy to stabilize the market against shutdowns. RELATED: The Truth Behind Zero APR and Zero Down Equipment Financing. From sourcing goods to paying competitive wages, you will probably have to spend more if you want to stay in business.

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