Does anyone have commercial loan modification and or collections procedures/policies that they would be willing to share? Or any points you could share as to best practices? Looking for info on commercial/business purpose loans at this time.
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According to a 2017 Econsultancy report (from thefinancialbrand.com, "10 Essential Email Marketing Insights for Banks & Credit Unions"), marketers rate email as a tactic that has one of the highest returns on investment. This can be true when email marketing is done right. But when done wrong, the consequences can be bad (and even ugly!).
LISTEN: To learn how businesses can successfully leverage email marketing, listen to this podcast from Bankers Healthcare Group listed at the bottom.
DOWNLOAD: We’ve also summarized the five biggest takeaways from the episode in the attached doc.
I'm just curious is there any bank that still accepts these type of checks?
Companies that provide a higher-quality service experience than competitors gain several benefits, according to consumer research firm J.D. Power. Among the benefits are that they:
• Acquire customers at a faster rate
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In other words, it pays to provide excellent customer service – whether it’s providing excellent service to the customer of the local pizza shop or to the owner of the local pizza shop.
How can lenders provide top-notch customer service that provides a competitive advantage? What do business borrowers expect from lenders, and how can financial institutions do a better job of meeting those needs? Three keys to excellent customer service in lending are speed, a personal touch and a consultative connection. When lenders provide all three of these, they set themselves and their financial institutions apart from the competition and help generate profitable portfolio growth.
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Attached is a sample Small Business Loan Application which we have used in the past. This is a simple user friendly version made in Excel. This version includes a quick revision of edit which needed to be made.
This is a version of a simplified underwriting template utilized for small business credits typically less than $250,000 originated by our retail branch managers and small business loan officers. This form was used by our small business underwriters to expedite the underwriting process for smaller and less complicated business loan requests.
A job description sample for a business development focused cash management professional who also has small business lending experience.