Ideas, insights, and trends for commercial finance executives.
Disjointed data and manual collection and analysis of financials creates a time-consuming credit approval process, stalling lending opportunities and creating extensive manual steps for both
Commercial lending has seen its fair share of evolution over the years. Technological advancements have had a particular impact on commercial lending as they have
Geopolitical movements, technology advancements and sociological changes are all deeply affecting the direction commercial lending is moving in. As commercial lending is directly impacted by
Burlingame, CA – March 25, 2024 – ABLSoft, the premier Cloud asset based lending and factoring portfolio management system and Decipher Credit, the leading loan
Utilizing technology effectively can also put commercial lending on the path to immediate growth as soon as economic conditions improve. Here are some of the
The process of commercial lending used to be lengthy and complicated. It used to be extremely manual when not working with automation that can now
Consumer lending has always been regulated by consumer protection laws, but commercial lending has typically had less compliance requirements, especially for independent lenders. This is
As the world leans more into digitization, few business sectors are getting left behind. Commercial lending is no exception. Lenders are seeking ways to automate
Asset-based lending (ABL) has been around for decades, but the ways it has been used has significantly changed over time. At one point, ABL was
During periods of instability and economic downturns, lenders face unique challenges in maintaining profitability and managing risk. In precisely these times, it becomes crucial for lenders to have the right tools to capture clients more quickly, reduce risk, and put them above competitors to navigate challenging conditions. Here are some of the ways lenders can weather the storm and can use technology as a significant advantage during periods of economic instability.
