commercial lending Posts

A Roadmap to Success: 5 Tips to Prepare for a Successful Loan Origination Software Implementation

Posted on August 31, 2023 by Christine McCormick

In today’s rapidly evolving business landscape, digital transformation has become more than just a buzzword; it’s a necessity for staying competitive and efficient. For financial institutions, embracing digital transformation means reimaging processes, enhancing customers experiences, and streamlining operations. One critical...

Strategies for Community Bank Construction Lending

Posted on July 21, 2023 by Baker Hill

Community banks take on a large amount of risk when it comes to construction lending, especially in the current market as lenders, builders and developers are grappling with tightened credit conditions and rising interest rates. However, after the recent...

Mastering the Art of Risk Management in Commercial Lending

Posted on July 11, 2023 by Baker Hill

In the world of commercial lending, risk management is not just a necessity—it's an art. Successful lenders understand that effective risk management goes beyond simply avoiding bad loans. It's about striking a balance between risk and reward to drive growth...

Change Happens Fast – Can Commercial Lending Keep Up?

Posted on June 16, 2023 by Baker Hill

Borrowers seeking commercial loans want to work with lenders that are fast, accessible, transparent, and easy. In fact, ease of doing business is paramount in whether a customer chooses you or someone else to service their lending needs. Doing things...

Ever Wonder What’s Been Going On in the Past Quarter in the Commercial Appraisal World?

Posted on June 1, 2023 by LightBox | Collateral360®

Data from more than 1,200 U.S. banks and credit unions reflect key industry benchmarks in lender-driven commercial property appraisal activity. As part of an ongoing effort to help commercial real estate industry professionals work more efficiently, LightBox Collateral 360...

Fostering Collaboration Between Lending & Credit Teams

Posted on May 23, 2023 by Baker Hill

Streamlining your commercial lending processes is all about providing the prospective borrower with a decision and closing the deal as quickly as possible. However, traditional banks can often take more than a month to process and close a typical commercial...