TOPIC: Abrigo

State of the Financial Services Industry Survey - Last Chance for Participation

We're polling hundreds of financial institutions to better understand concerns in today's changing economy. The survey areas covered include the Paycheck Protection Program, M&A, loan workouts, CECL, and more. With your insights, Abrigo can create educational resources catered to your top priorities: https://bit.ly/2yrzL0J

You'll be entered to win a Starbucks gift card just for completing the 5 min. survey.

    Loan Workouts | Product Demo

    Loan Workouts Product Demonstration - Thursday, May 21 | 3 p.m. ET
    Save your seat

    In our recent industry survey, over 70% of respondents mentioned COVID-19-related loan workouts were a concern. 

    Lenders in many markets will face a wave of negotiations and restructures as they seek to stabilize those borrowers who can recover from the events of early 2020, and protect the lenders’ interests in cases where no recovery is likely.  Join this conversation with product experts and implementation consultants at Abrigo to see how the tools you already have in place can make this process more efficient.  In this sixty minute webinar, we will discuss how the Abrigo software offerings address the following important considerations:
    • Establishing and applying consistent criteria for decision-making
    • Triage and prioritization for stabilizing troubled customers
    • Present-value modeling for terms of restructured agreements
    • Efficient communication for (likely understaffed) special assets teams
    • Integrated processes for secure, distributed decision-making
    Register here 

      PPP Loan Forgiveness | Webinar

      Free webinar
      Solving the PPP Forgiveness and Administration Enigma
      Friday, May 8 | 3 p.m. ET
      Register

      You've secured funds for small business borrowers through the Paycheck Protection Program (PPP), but the work is far from over once loans are issued. It’s time to consider the loan forgiveness process – one of the most important aspects of the program to both borrowers and lenders. It’s also one of the biggest areas of uncertainty.
      In this session hear what lenders have learned so far about the forgiveness process, based on the CARES Act, interim final rules published by the SBA, and other guidance published on the SBA and Treasury websites.

      Join to learn:
      • What the guidance says so far about the forgiveness of Paycheck Protection Program loans
      • How to streamline the SBA forgiveness process with the Sageworks SBA Lending solution
      Click here to register 

        Abrigo announces upgrades to BAM+, including 5 new artificial intelligence scenarios and direct file to FinCEN

        We're excited to announce the release of BAM+ 5.0, which includes five new transparent artificial intelligence/machine learning scenarios, direct file of CTRs and SARs to FinCEN, and two new structuring scenarios and reports for better daily/weekly insights into cash flow. You can read about these and the other exciting upgrades here

        If you're interested in getting more information on BAM+ or any of our other software products, you can email me directly at jill.cacic@abrigo.com or send me a direct message. I hope you're all staying safe and healthy!